The Affordable Care Act’s (ACA’s) 40 percent excise tax on employer-sponsored high-cost health plans has been delayed by two years. The tax, commonly known as the Cadillac Tax, was supposed to take effect in 2018 but has now been delayed until 2020. Along with this delay, the Cadillac Tax (when imposed) will be deductible.Read More »
The Internal Revenue Service (IRS) has released new guidance (Notice 2016-4) extending the deadline for health insurers, employers, and other entities to report health coverage and offers of health coverage to the IRS and to enrollees. The ACA enacted Code section 6055 requiring health insurers, employers, and other entities to report health coverage provided to [...]Read More »
The ACA imposed a tax on fully insured health insurance plans. The health insurance tax, which had already been in effect, has been suspended for the 2017 calendar year with plans to resume Jan. 1, 2018.Read More »
The ACA imposed a 2.3% tax on medical devices. This tax, which had already been in effect, has been suspended for two years with plans to resume Jan. 1, 2018.Read More »
A 40 percent nondeductible excise tax will be assessed, beginning in 2018, on the cost of employer-sponsored group health coverage that exceeds a certain annual limit. The provision is often called the “Cadillac tax” because it is intended to target health plans that provide workers and retirees the most generous level of health benefits. The [...]Read More »
The material presented on this site is for general information purposes only. It is not intended as legal or professional advice. Visitors to this site who are in need of such advice should consult an attorney or other expert.
Can multiple children be on the same child-only policy?
Who will verify dependent eligibility for applicants to the exchange?
Will there be a universal standard application for enrollment through the exchange?
Are there any restrictions on movement between carriers during special open enrollment periods?