Wednesday, February 25, 2015

King v. Burwell ~ Deciding the ACA’s Future

Next week (March 2, 2015), the Supreme Court of the United States (SCOTUS) will take up a very important case – King versus Burwell. All politics and rhetoric aside, this case has the potential to virtually upend the Affordable Care Act (ACA), and stakeholders should be informed as to its implications. At the core of the case is whether or not the federal government has the authority to issue subsidies (or tax credits) to otherwise eligible individuals that reside in a state that does not have a “state based health insurance exchange”

Wednesday, February 18, 2015

2015 ACA Compliance and Planning

As we approach the 5th anniversary of the signing of the Affordable Care Act (ACA) into law, compliance and planning have become more important than ever. Listed below are ACA provisions that have particular relevance this year, and deserve attention and planning… 1) The Individual Mandate went into effect in 2014, with a penalty of $95 or 1% of income (the greater of the two) for non-compliance. As citizens prepare/file their tax returns in early 2015, they will notice new questions relating to health…