The Affordable Care Act contains comprehensive health insurance reforms and includes tax provisions that affect individuals, families, businesses, insurers, tax-exempt organizations and government entities. To properly comply with these provisions it is now necessary for health insurance companies to record…
Supreme Court upholds PPACA subsidies 6-3
The much anticipated Supreme Court opinion in King vs Burwell has been announced. The Supreme Court upheld a key funding mechanism of the Patient Protection and Affordable Care Act (PPACA). This ruling will allow for premium subsidy tax credits to…
5 Things to Know About Essential Health Benefits
Essential Health Benefits (EHB) provision of the Affordable Care Act of 2010 (ACA) created 10 general categories: Ambulatory patient services Emergency Services Hospitalization Laboratory services Maternity and newborn care Mental health and substance abuse services, including behavioral health treatment Prescription…
Applying for Health Insurance? Pay Attention to these Important Items!
It’s here – it is 2014 and the ACA is charging full speed ahead. Despite media controversy, many aspects of the law are in effect and people are discovering what their health insurance options are in the new year. As…
BREAKING: Government Subsidy Alterations
A clause in the Affordable Care Act allowed the D.C. Circuit Court of Appeals to rule that the IRS regulation for authorizing tax credits ineligible inside federal exchanges. On July 22, 2014 in the case of Halbig vs. Burwell, the court…