Insurer announces its exit from Wisconsin and Indiana on Wednesday, the deadline in many states for U.S. insurers to file their premium rates if they wish to participate in the Affordable Care Act next year.
In early 2016, employers with 50 or more full-time equivalent employees are required to submit new tax forms to employees and the IRS for the 2015 plan year. (Note that in December 2015, deadlines for 1095 employee distribution and 1094 filings were extended.*) In the video, Don Garlitz, Senior Vice President, bswift, answers key compliance questions including: Should taxpayers receive Form 1095 if they are not covered? What effects do employer wellness programs have on reporting plan affordability to the IRS? And more.
*Learn more about these changes from U.S. News and World Report.
Senate Majority Leader Mitch McConnell is proposing to keep in place the ACA’s protection against higher health-insurance premiums for people with pre-existing conditions when they buy individual coverage.
In defending the unpopular and flawed House bill to replace the Affordable Care Act, a common Republican refrain is that it fully protects health-insurance coverage for people with pre-existing medical conditions.