Posted on Wednesday, August 29, 2012 6:11 PM By anonymous
Under the Patient Protection and Affordable Health Care Act, health insurance issuers are required to spend a minimum percentage of their premiums, called a medical loss ratio (MLR), on health care and health care quality improvement activities. Health insurance issuers that do not meet this minimum, which is at least 80 or 85 percent of their premiums, must pay a rebate to consumers.
Posted on Wednesday, July 11, 2012 4:35 PM By anonymous
After the U.S. House of Representatives passed the Repeal of Obamacare Act (H.R. 6079) on July 11, ABC offered practical, common-sense health care solutions and continued to advocate for full repeal of the health care law.
Posted on Wednesday, May 23, 2012 12:31 PM By anonymous
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.
Posted on Wednesday, May 9, 2012 11:46 AM By anonymous
The Department of Treasury and the Internal Revenue Service (IRS) recently issued three notices related to the health care law that address minimum value and information reporting on health insurance coverage. In addition, the Departments of Health and Human Services, Labor and the Treasury issued a separate bulletin regarding verification of access to employer-sponsored coverage.
Posted on Wednesday, March 28, 2012 12:46 PM By anonymous
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.
Posted on Wednesday, March 14, 2012 12:14 PM By anonymous
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.
Posted on Tuesday, February 28, 2012 11:01 AM By anonymous
The Departments of Labor (DOL), Health and Human Services (HHS), and the Treasury in February issued a list of frequently asked questions (FAQs) regarding automatic enrollment, employer shared responsibility, and waiting periods under the Patient Protection and Affordable Care Act (PPACA).
Posted on Wednesday, January 11, 2012 1:27 PM By anonymous
The Internal Revenue Service (IRS) in January offered additional guidance on a provision in the Patient Protection and Affordable Care Act that will require employers to report the cost of coverage under an employer-sponsored group health plan on each employee’s W-2 form.
Posted on Wednesday, January 11, 2012 11:29 AM By anonymous
To help members make sure they are in compliance with the new requirements under the Patient Protection and Affordable Care Act (PPACA), or health care law, ABC is offering a 2012 compliance checklist (PDF).
Posted on Wednesday, January 11, 2012 11:11 AM By anonymous
The Internal Revenue Service (IRS) in January offered additional guidance on a provision in the Patient Protection and Affordable Care Act that will require employers to report the cost of coverage under an employer-sponsored group health plan on each employee’s W-2 form.