Administration Posts Fourth FAQ on Grandfathered Plans

VALLEJO, CA - AUGUST 11: Vials of Tdap vaccinations sit on a table during the Solano County health fair August 11, 2010 in Vallejo, California. California medical officials are urging California residents to get booster shots for whooping cough as the state is in the midst of the largest outbreak in over fifty years. Close to 1,500 cases of whooping cough have been reported this year, including six cases that resulted in deaths of children under three years old. (Photo by Justin Sullivan/Getty Images)

The Department of Labor this week posted their fourth FAQ on the implementation of the “grandfathered plan” rule in the Patient Protection and Affordable Care Act.  You can see a summary of the third FAQ on our website. The FAQ addresses three questions regarding how an employer plan can maintain its grandfathered status despite making… Read more »

HHS Helping Create Health Care Exchange Prototypes

WASHINGTON - SEPTEMBER 23: U.S. Secretary of Health and Human Services Kathleen Sebelius (2ndL) speaks as Jim Houser (L), a small business owner from Oregon, Sen. Tom Harkin (D-IA) (2ndR), and Sen. Maria Cantwell (D-WA) listen during a news conference September 23, 2010 on Capitol Hill in Washington, DC. Senate Democrats held the news conference to announce the implementation of provisions in the Affordable Care Act. (Photo by Alex Wong/Getty Images)

Fears over the high cost of creating and running the state-based health care exchanges has prompted the Department of Health and Human Services to fund the creation of exchange prototypes. Dubbed “Early Innovators”, the program will select five state proposals to create an exchange and grant an unspecified amount of money to them to help… Read more »

IRS Issues Form for Small Employer Health Credit

The United States Internal Revenue Service (IRS) Building is seen in Washington on September 20, 2010. UPI/Kevin Dietsch Photo via Newscom

The IRS last month released a draft version of the form that small businesses and tax-exempt organizations will use to calculate the small business health care tax credit when they file returns next year. The draft of Form 8941 is posted on the IRS website. Both small businesses and tax-exempt organizations will use the form… Read more »

New Health Care Requirements Going Into Effect Today

WASHINGTON - SEPTEMBER 23: U.S. Secretary of Health and Human Services Kathleen Sebelius speaks as Sen. Tom Harkin (D-IA) (L) listens during a news conference September 23, 2010 on Capitol Hill in Washington, DC. The Senate Democrats held the news conference to announce the implementation of provisions in the Affordable Care Act. (Photo by Alex Wong/Getty Images)

Today (September 23) is the six month anniversary of the passage of the Patient Protection and Affordable Care Act (PPACA).  Beginning today, the following provisions from the law are in effect: For all health care plans: Insurers cannot deny coverage to children because of a pre-existing condition. Insurers cannot place lifetime limits on benefits. Insurance… Read more »