Premiums for Health Plans Projected to Increase

Premiums for health plans purchased through the federal insurance exchange may jump substantially next year, according to a new report by the Kaiser Family Foundation. The report shows that proposed rates for benchmark silver plans – the most popular tier of coverage which is the basis for enrollees’ tax subsidies – are projected to increase… Read more »

ASAE Shares Comments on Cadillac Tax

ASAE SHARES COMMENTS ON CADILLAC TAX: ASAE submitted comments to the IRS this week on the upcoming Cadillac tax, a 40 percent non-deductible excise tax on high-cost health plans that goes into effect in 2018. ASAE’s comments suggest that, without revisions, the proposed rules will be “an expensive, time-consuming nightmare for employers,” likely to result… Read more »

IRS Issues Second Cadillac Tax Notice

ASAE Inroads August 6, 2015 Volume 30, Number 31 IRS ISSUES SECOND CADILLAC TAX NOTICE: The IRS is continuing its process of developing regulatory guidance on the 40-percent excise tax on high-cost employer-sponsored health plans – the so-called Cadillac tax – by issuing a notice this week addressing which taxpayers may be liable for the… Read more »

Appeals Court to Rehear ACA Subsidies Case

Earlier today the DC Circuit Court of Appeals announced it will re-hear Halbig v. Burwell, the case regarding the legality of federal Exchange subsidies under the Affordable Care Act (ACA). In July the US Court of Appeals for the DC Circuit ruled against the federal government, stating that taxpayer-funded health insurance subsidies may not be… Read more »