On March 6, 2017, after years of promising, GOP lawmakers in the House of Representatives introduced the “American Health Care Act” (AHCA), the first concrete legislative proposal detailing the initial provisions designed to...more
3/22/2017
/ Affordable Care Act ,
Cadillac Tax ,
Congressional Budget Act of 1974 ,
Dependent Coverage ,
Employer Mandates ,
Flexible Spending Accounts ,
Health Insurance ,
Health Savings Accounts ,
Individual Mandate ,
Medicaid Expansion ,
Medical Device Tax ,
Medicare Part D ,
Minimum Essential Coverage ,
Over-the-Counter Sales ,
Premium Subsidies ,
Prescription Drugs ,
Proposed Legislation ,
Repeal ,
Small Business ,
Tax Credits
The Affordable Care Act’s reporting rules—which are set out in Internal Revenue Code §§ 6055 and 6056—solicit the information needed by the Internal Revenue Service to enforce the individual and employer shared responsibility...more
9/15/2015
/ Affordable Care Act ,
Employer Group Health Plans ,
Employer Mandates ,
Internal Revenue Code (IRC) ,
IRS ,
Large Employer ,
Look-Back Measurement Period ,
Minimum Essential Coverage ,
Reporting Requirements ,
Shared Responsibility Rule ,
Subsidies
The Affordable Care Act requires applicable large employers to make broad-based offers of group health insurance coverage to substantially all their full-time employees or face potential tax penalties. (The term “applicable...more