Events and Products
Politics and Policy
ABC in October submitted comments on two proposed rulemakings designed to implement provisions in the Patient Protection and Affordable Care Act. The comments were on establishing health care exchanges and qualified plans and summary of benefits and glossary of terms.
ABC, as part of the Employers for Flexibility in Health Care coalition, submitted comments on provisions in the Patient Protection and Affordable Care Act regarding the health insurance premium tax credit; eligibility determinations and exchange standards for employers; and the health coverage affordability safe harbor for employers.
On Feb. 14, the Departments of Treasury, Labor and Health and Human Services issued final regulations regarding the summary of benefits and coverage and the uniform glossary for group health plans and health insurance coverage in the group and individual markets. The final regulations are effective April 16, 2012.
The Departments of Labor, Health and Human Services and the Treasury recently issued a list of FAQs related to the Feb. 14 final rule implementing the provision on summary of benefits and coverage in the Patient Protection and Affordable Care Act.
The Department of Health and Human Services on May 16 issued new guidance for states on health insurance exchanges. In addition, HHS in conjunction with the Departments of Labor and Treasury, released an additional set of frequently asked questions regarding implementation of the summary of benefits and coverage provisions included in the health care law.
On March 12, the U.S. Department of Health and Human Services (HHS) published a final rule on health insurance exchanges, which combines policies from two other proposed rules published last summer.
Under the Patient Protection and Affordable Care Act, states will be required to operate health insurance exchanges – marketplaces where individuals and small businesses can purchase private health insurance – beginning in 2014. Over the last several months, ABC has provided suggestions on how the exchanges can best be implemented.