Insurance News

Congress Repeals the Cadillac Tax and Health Insurance Tax Congress has voted to fully repeal the Cadillac (excise) Tax and the Health Insurance Tax. The legislation fully repeals the Cadillac Tax and repeals the HIT effective January 1, 2021, which means the HIT will still be in place for 2020. According to the Congressional Budget […]

The Partnership for America’s Health Care Future released a series of new videos on the differences (and lack thereof) between Medicare-for-All and Medicare Buy-In. The overall campaign encourages meaningful reforms to the nation’s healthcare system that preserve market-based, employer-provided healthcare rather than attempting to implement a disruptive one-size-fits-all system. NAHU is a member of the […]

On Wednesday, Representatives Ami Bera (D-CA) and Jason Smith (R-MO) introduced H.R. 3796, the Health Savings for Seniors Act, NAHU-supported legislation that would allow seniors covered under Medicare to continue contributing to HSAs after age 65. Specifically, the bill allows anyone enrolled in Medicare, either traditional fee for service or Medicare Advantage plans (including Medicare […]

President Trump signed an executive order this afternoon directing federal agencies to increase healthcare price and quality transparency. The order specifically directs the of Departments of Labor, Treasury and Health and Human Services to issue guidance and propose regulations that would disclose negotiated rates, cost-of-care and de-identified federal healthcare data, and to expand the availability […]

Recently, the Department of Health and Human Services (HHS) released its final Notice of Benefit and Payment Parameters for 2020. This proposed rule describes benefit and payment parameters under the Affordable Care Act (ACA) that would be applicable for the 2020 benefit year. Notable Changes for 2020 The out-of-pocket maximum (OOPM) will increase. Source: HR360

Source: National Association of Health Underwriters (NAHU)

is past week, members of Congress who are in favor of Medicare for All introduced legislation to move our healthcare system to a single-payer system that would limit choice, increase waiting times and eliminate Medicare as we know it. And in exchange for sacrificing control of their healthcare, Americans would pay trillions of dollars in […]

Source: National Association of Health Underwriters

On December 14, U.S. District Judge Reed O’Connor released his ruling on the first of five counts in Texas v. United States. The case challenged the constitutionality of the ACA’s individual mandate in light of the Tax Cuts and Jobs Act of 2017, which zeroed out the individual mandate penalty. Judge O’Connor’s ruling was that […]

On Wednesday, President Trump signed into law ;S. 2553, the Know the Lowest Price Act, and S. 2554, the Patient Right to Know Drug Price Act. The legislation was passed by the House and Senate last month with bipartisan support and will ban “gag clauses” that prevent pharmacists from telling customers when they can save […]