Posted on Wednesday, January 2, 2013 1:11 PM By anonymous
The Department of Treasury and the Internal Revenue Service Dec. 28, 2012, issued a notice of proposed rulemaking addressing the employer requirements contained in the Patient Protection and Affordable Care Act (PPACA), which is scheduled to take effect Jan. 1, 2014.
Posted on Wednesday, December 19, 2012 10:56 AM By anonymous
Several new provisions from the Patient Protection and Affordable Care Act (PPACA) are scheduled to become effective beginning next year. To help members understand their responsibilities under the health care law, ABC is providing a round-up of those regulations.
Posted on Tuesday, December 4, 2012 11:14 AM By anonymous
The Internal Revenue Service (IRS) and the Treasury Department issued proposals that will implement two taxes in the health care law on Jan. 1, 2013: the onerous 3.8 percent Net Investment Income Tax and the 0.9 percent Additional Medicare Tax. These taxes will heavily impact many merit shop contractors.
Posted on Wednesday, November 28, 2012 11:13 AM By anonymous
On Nov. 20, HHS published proposed rules on essential health benefits and determining actuarial value, and on health insurance market reforms. In addition, the IRS, Employee Benefits Security Administration and HHS’ Centers for Medicare and Medicaid Services issued a notice of proposed rulemaking on wellness programs in group health plans.
Posted on Wednesday, October 31, 2012 3:51 PM By anonymous
The Patient Protection and Affordable Care Act requires employers that issue more than 250 W-2 forms to report the cost of health care coverage under an employer-sponsored group health plan on each employee’s 2012 W-2 form, which generally are required to be provided to employees in January 2013.
Posted on Wednesday, September 26, 2012 11:01 AM By anonymous
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.
Posted on Wednesday, September 5, 2012 2:30 PM By anonymous
ABC on Sept. 20 at 1:30 p.m. (ET) is hosting a webinar titled, “Supreme Court Ruling on Health Care Law: What Companies Need to Consider.”
Posted on Wednesday, September 5, 2012 1:00 PM By anonymous
The Departments of Labor (DOL), Health and Human Services (HHS) and Treasury on Aug. 31 issued temporary guidance that addresses the 90-day waiting period limitation contained in the Patient Protection and Affordable Care Act (PPACA).
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 12:59 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.