Monthly Archives: April 2011

New Guidance on Affordable Care Actg Grandfathered Health Plan Qualification Released

Guidance published by the Departments of Health and Human Services (HHS), Labor and the Treasury (the Agencies) on April 1, 2011 provides welcome clarifications about the workings of the “grandfathered health plan rules” that play a key role in determining what health plans and insurance policies must comply with certain key health insurance coverage reforms enacted as part of the Patient Protection and Affordable Care Act (PPACA), as amended by the Health Care and Education Reconciliation Act of 2010 (the Reconciliation Act) (collectively, the Affordable Care Act).

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Health Plans Should Begin Preparing For ACA Low Income Voucher Responsibilities

The Affordable Care Act will require employer sponsored plans to honor vouchers to help pay the cost of coverage for certain lower income individuals and children. Employers and their health plans will face new responsibilities to determine relevant family income, to … Continue reading

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IRS Guidance On Affordable Care Act W-2 Health Coverage Ccost Reporting Requirements

The Internal Revenue Service has released an advance copy of interim guidance implementing requirements that employers report to employees of the cost of their employer-sponsored group health plan coverage required under Internal Revenue Code (Code) § 6051(a)(14) of the Code, as enacted as part of the Affordable Care Act.

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