The Affordable Care Act’s high-cost plan tax (HCPT), called the “Cadillac plan” tax, will likely affect employer decisions about their health benefits in the future. This new tax takes effect in 2018 and proposed rules have been released by the IRS...
The ACA established a Transitional Reinsurance Program to help stabilize premiums for coverage in the individual market during the years 2014 through 2016. The statute requires all fully insured and self-insured group health plans to make contributions...
Federal Law requires health insurance carriers and self-funded employers to report health insurance coverage to the IRS using members' (including dependents) Social Security numbers (SSNs). For many years, health insurance carriers did not always require dependent...
We are extremely pleased to announce that our own Gary Beatrice has been selected to be the recipient of the very prestigious NKY Chamber’s 2015 Walter R. Dunlevy Frontiersman award! This award will be presented to Gary at the NKY Chamber’s Annual...
Another rumored major health carrier agreement has unfolded just following the recent buy-out agreement of Aetna for Humana. After several long weeks of deal making, Anthem finally agreed to pay 54.2 billion dollars for Cigna Corporation on July 24th, becoming...
Of the recent rumored major health carrier acquisitions, the first official agreement was announced today, July 3, 2015. Aetna and Humana agreed to a $37 billion deal. See official announcement here. The approval and acquisition process is expected...
