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On Feb. 10, 2014, the U.S. Treasury Department released final regulations implementing the employer shared responsibility provisions of the Affordable Care Act (ACA). The regulations are effective upon publication in the Federal Register. The final rules include a one year delay for medium-sized employers. In 2015, the ACA’s employer shared responsibility provisions will generally apply to larger firms with 100
With all of the current changes occurring with Obamacare, the information can seem very confusing. If you are currently a member of a CHIP plan in Illinois, Associated Agencies is recommending that you switch your plan to an Affordable Care Act compliant plan on or off of the exchange. The increases being received for CHIP plans are astronomically high, and
Last week, President Obama announced a proposal that would allow citizens to keep their remaining health insurance coverage for one more year even though it does not necessarily meet the standards as set by the Affordable Care Act. His proposal left the decision up to each state individually. To date, four states have announced that they will not be going
In a large batch of final rules covering about half a dozen Affordable Care Act policies, the Department of Health and Human Services is giving some self-insured and self-administered health plans a two-year exemption from reinsurance fees. “We… intend to propose in future rulemaking to exempt certain self-insured, self-administered plans from the requirement to make reinsurance contributions for the 2015