The White House this week breathed a sigh of relief and conservatives simply sighed when hours after a D.C. federal appeals court ruled that the Internal Revenue Service exceeded its authority in providing tax credit subsidies in 34 states, another federal appellate court ruled the opposite.
In another blow to the health laws federal subsidies this week, the GAO says fake application information successfully yielded subsidy payouts in an undercover investigation. One broker says if consumers are able to obtain subsidies in circumstances where they shouldnt, theyre not going to trust brokers who tell them the truth.
Two court rulings issued this week taking opposing views on the legality of subsidies granted to individuals who enroll in the public health care exchanges have the potential to further delay the employer mandate, say some legal experts.
As some brokers continue to wait for their payments, it seems no one carrier is better or worse at this issue across the U.S. What is clear is that advisers who previously worked in group need to learn a new system to track and monitor commissions.
The immediate take-away for employers in the Halbig v. Burwell ruling is uncertainty about what the future brings for the Affordable Care Act. If the Halbig majority prevails, Obamacare has been dealt a serious, if not lethal, blow.
The DOL says employers reacting to the Supreme Courts Hobby Lobby ruling by canceling contraceptive coverage will be required to notify their employees of the change, an important administrative note for benefit advisers working with employers electing to do so.
Founded by his father on the principle of specialty servicing in 1956, Mike Lewers business model is set to distinguish his brokerage team with post-ACA success for years to come.
While employers are continuing to feel the impact from a multitude of changing laws and regulations, worries about the Affordable Care Act have begun to subside, to some degree. But the jury is out on the long-term implications of the ACA, and the ways benefits managers will live up to its stipulations in coming years.
Benefit advisers working with employers offering medical plans take note. Two important final regulations issued jointly by the IRS, DOL and HHS apply to plan years beginning on or after July 1, 2014. Are your clients compliant?
Ron Goldstein, president and CEO of CaliforniaChoice, talks about the advantages of private exchanges and how networks will start to drive the benefits market as the Affordable Care Act levels the playing field on price and benefit offerings.
The Senate Wednesday failed to get enough support for its reversal plan of the recent Supreme Court Hobby Lobby ruling that will allow some employers to decline providing insurance coverage for some forms of birth control based on religious grounds.
Millions of Americans sought help from navigators and assisters during the ACA's first open-enrollment period, but many were more satisfied with help from a benefit adviser.
Sens. Patty Murray (D-Wash.) and Mark Udall (D-Colo.) on Tuesday introduced new legislation to counter the debated Supreme Court Hobby Lobby decision, which favored religious exemptions to certain contraception methods.
The six most popular insurance plans on the New York state health insurance exchange are seeking double-digit increases in their premium rates for next year, with an average request of a 14.6% rate hike.
Garrett Fenton, an employee benefits specialist with D.C.-based legal firm Miller & Chevalier, says that the time is right for employers to double down and get their paperwork processed in anticipation of 2015s employer mandate for the Affordable Care Act.