In what can be seen as a normal step in the legislative process, Republicans released a set of amendments to their proposed American Health Care Act (AHCA) last night. Many believe that these and possibly other amendments to the current bill will be necessary to draw enough Republican support to advance the bill through a House vote, which is set to take place this Thursday.
Among the provisions introduced by the American Health Care Act (AHCA) is a new tax credit structure for Americans who purchase individual health insurance.
For those following health care reform closely, the Affordable Care Act (ACA) replacement plan that Republicans unveiled last night doesn’t contain many major surprises. The American Health Care Act, as it’s being called, is more repeal than it is replace.
Last night, Trump made his first address to a joint session of Congress. He covered a lot of ground, from immigration to national security to spending. But one thing that everyone was listening carefully for, from Congress to the American people, was a definitive plan for health care reform.
It’s tax season again, which means a lot of paperwork, number crunching, and confusion.
For the second year, this includes the reporting employers submit about their health care plans, beginning with the distribution of the ever-confusing 1095-C. While employers have their own set of questions regarding the 1095-C, employees may not understand what their role is when it comes to reporting.
Here are some common questions that employees may ask about handling the 1095-C and how you can answer them.
In 2016, ACA reporting was brand new. Companies had little idea of how the IRS would run the e-filing process, how to complete the forms involved, and how to navigate the e-filing website.
The Congressional Budget Office (CBO) released its cost estimate of the American Health Care Act (AHCA) yesterday afternoon--a significant first step in the legislative process.
The report measures key criteria that will help members of Congress decide how to cast their vote on the bill, or if the bill should be brought up for a vote at all. It includes the AHCA’s impact on the federal budget and debt, the number of Americans covered, and the cost of health care coverage.
Last night Republicans unveiled their Affordable Care Act (ACA) replacement plan. This is something that has been highly debated not only in recent months, but over the past several years.
What shape will health care reform take? That’s the question on everyone’s mind with President Trump and Republicans in Congress determined to repeal and replace (or repair) the Affordable Care Act. As the President and Congress consider all available options, they should look to resurrect a type of plan that fell by the wayside under the ACA.
We understand that businesses’ reporting and compliance needs may change with the new administration. While President Trump works to repeal Obamacare and put his own stamp on health care reform, employers will still need to remain compliant with the current regulations. That’s why we’ve introduced a monthly subscription option for our tracking and reporting ACA solutions.