On June 8, 2016, federal officials proposed changes to short-term health insurance policies as they relate to the Affordable Care Act (ACA). These changes would put restrictions on current short-term policies and close a “loophole” in ACA, according to Health and Human Services (HHS) Secretary Sylvia Burwell. While these changes may not affect your business directly, it is important to understand how they may affect your employees’ health insurance costs.
On May 13, 2016, Health and Human Services (HHS) issued a final ruling on Section 1557 of the Affordable Care Act (ACA). This section details non-discrimination in select group health plans. The new regulations outline changes to the list of protections under the law and will affect some businesses that offer employee health benefit plans. Although this ruling will not affect every business, it is important to know the facts so your group health plan remains in compliance.
On November 18, 2015, the Departments of the Treasury, Labor and Health and Human Services issued final rules regarding many of the Affordable Care Act’s “Market Reforms.” Among the reforms addressed, the Departments highlighted the annual dollar limit prohibition (Public Health Service (PHS) Act section 2711) in relation to reimbursement plans. This article breaks down the language in the notice and how it relates to Zane Benefits' solutions for reimbursing individual health insurance.
With 2015 Obamacare open enrollment coming to an end, how many enrolled in health coverage and how much does it cost? During the 2015 Obamacare open enrollment, nearly 11.7 million consumers nationwide enrolled in Marketplace health insurance coverage - up nearly 3.7 million from 2014’s open enrollment period. And, the average subsidized individual health plan costs $101/month.
The Health Insurance Marketplaces are open for enrollment, and all eyes are on the number of issuers, plans, and rates. According to a new report by the Department of Health and Human Services (HHS), there are 25 percent more issuers to choose from in the federally-run Marketplaces and eight out of ten current consumers can get health insurance for $100 or less a month. But to get the best rates, current customers should shop around.
Group health plans that fail to cover hospital care will not meet the minimum value health plan standard under the Affordable Care Act, according to a Department of Health and Human Services (HHS) notice issued Tuesday. The announcement impacts larger employers who were designing "skinny plans" to offer bare bones coverage to employees while avoiding the employer shared responsibility fee.
On June 30, 2014, the Internal Revenue Service (IRS) issued final regulations on the small business health care tax credits available under the Affordable Care Act (ACA). The tax credits are intended to make it more affordable for small businesses to buy health insurance for their employees.
In the federally-run Marketplace, 87% of those who selected a health plan are receiving premium tax credits, and are paying an average of $82/month. This is according to a new report released today by the Department of Health and Human Services (HHS).
On May 16, 2014, the Department of Health and Human Services (HHS) released the final rule on the Health Insurance Exchanges ("Marketplaces"). The rule finalizes policies regarding consumer notices, the Small Business Health Options Program (SHOP), standards for Navigators and other consumer assisters, policies regarding the premium stabilization programs, and more.
Disclaimer: The information provided on this website is general in nature and does not apply to any specific U.S. state except where noted. Health insurance regulations differ in each state. See a licensed agent for detailed information on your state. Zane Benefits, Inc. does not sell health insurance.