Insurance News

For small groups on non-grandfathered or “grand mothered” health plans. February 23rd 2017 CMS released new guidance that Transitional Relief/Keep your plan for small groups has been extended, yet again, for a extra year. The extended transitional policy will allow health insurance issuers, at their option, to continue group coverage to policies that would otherwise […]

The National Association of Health Underwriters is the leading professional association for health insurance agents, brokers, general agents, and consultants. NAHU members work every day with individuals, families, and employers of all sizes to help them purchase health insurance coverage and use that coverage in the best possible way. We are a dedicated group of […]

Posted on November 14, 2016 by nahucompliance Despite the results of the election, compliance with the ACA goes on, unless and until Congress takes action. Even then, odds are that changes to the ACA will take time to be implemented. As such, with 2016 drawing to a close, employers are reminded that they have to […]

As the Affordable Care Act nears the fourth annual open enrollment (November 1st – January 31st) many large carriers have announced they will be exiting some markets as of December 31st or not participating in the 2017 plan year. This means that individuals will be left with fewer choices for insurance providers & plans in […]

The following are the top 4 changes to pay or play for 2016: Check out our Pay or Play section for valuable calculators and a toolkit for employers.

On the evening of February 29, CMS released almost 700 pages of regulatory guidance related to implementation of the ACA.. These documents cover hundreds of topics spanning virtually all aspects of the American private and public health coverage systems. Most of the new rules will be effective for the 2017 coverage year on forward, although […]

HRAs, as they are lovingly called, have undergone a major transformation over the last six years due to the ACA. With all the guidance coming out from different sources, it’s hard to keep track, let alone stay compliant. One day you can use them to reimburse premiums. The next you’re told you can’t by the […]

Important Reminder for Employers who help pay employees individual health insurance premiums The Affordable Care Act specifically prohibits you from paying insurance premiums for your employees’ individual health plans. It makes no difference whether paid with pre or post tax dollars. The fine is stiff: $100 per employee per day. See IRS Notice 2013-54 & […]

Can I reimburse my employees for their Medicare Premiums? The quick answer is Yes ~ BUT ONLY IF you have two or more employees on Medicare, PLUS a Group Insurance plan for your employees. See the details and four conditions below. Call me if you want to review. Be very careful ~ Transition Relief has […]

Q. What happens if I did not file a 2014 federal tax return to reconcile my advance payment of the premium tax credit, or APTC. What do I need to do?A. To keep their APTC and/or cost-sharing subsidy (CSR) for 2016, if you received APTC in 2014 you are required to file a 2014 federal […]