Recent health-care reform initiatives, including the passage of the 21st Century Cures Act in December 2016, have ushered in significant changes that will affect the health insurance industry through 2017 and beyond. One of the new changes includes updates to Health Reimbursement Arrangements (HRAs), one of the best ways for small businesses to offer health benefits to their employees. Here are four things to know about HRAs and changes in health law for 2017.
Obamacare is back in the Supreme Court. This time around, the Supreme Court is hearing King vs. Burwell which questions the legality of the premium tax credits offered through the federally-run Health Insurance Marketplaces. Last week, the Supreme Court began hearing arguments, which means all eyes are on this newest challenge to the Affordable Care Act. This briefing summarizes what you need to know about Obamacare and the most recent Supreme Court hearings.
When the Affordable Care Act (ACA) was enacted, it introduced the individual shared responsibility. This is the provision of the ACA that requires Americans to be enrolled in a health insurance plan or pay a fee at the end of the tax year. Yesterday, Centers for Medicare and Medicaid Services Administrator, Marilyn Tavenner, released the first ACA enrollment update since May. While the Congressional Budget Office had a more modest estimate of Marketplace enrollees for 2014, Tavenner’s update proved otherwise.
Traditionally, U.S. businesses have paid premiums to insurance companies to cover workers with a single "defined benefit" group health insurance plan. However, due to changes in the individual market, most businesses are considering a switching to "defined contribution" health benefits, where employers give workers a monthly allowance to purchase their own "individualized" coverage through a private or public health insurance exchange.
Where do you get your information about health reform? Here at Zane Benefits, there are several health reform blogs we read on a regular basis to get updates and perspective on the Affordable Care Act ("health reform").
The Affordable Care Act (known as ACA, ObamaCare, or health reform) was signed into law in 2010 and impacts many areas of health care and health insurance, including medical reimbursement programs such as HRAs, HSAs, and FSAs.
Grandfathered health plans are those that were in existence on March 23, 2010 and have not been changed in ways that substantially reduce benefits or increase costs for policy holders. Here's what employers and consumers need to know about grandfathered health plans in 2014.
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.