With the looming threats by the Republican-led White House to repeal the federal health care law (Obamacare), a new health care bill, Defending Access to Women’s Health Care Services Amendment Act, was introduced to prevent insurance companies from charging more specifically for women's health services like cancer screenings or contraceptive costs. According to news sources, Washington officials signed legislation requiring all insurance companies in the Washington, D.C. to cover a list of … [Read more...] about Proposed Women’s Health Care Law Requires Insurers to Cover Women’s Preventative Care
Texans to face new obstacles as Obamacare open enrollment nears with government cuts
On November 1st, the open enrollment period for the Affordable Healthcare Act (ACA) begins. The 2018 open enrollment runs from November 1st to December 15th and is a crucial time to reach a critical number of under and uninsured individuals in order to get them covered. With enrollment during that period coverage would start on January 1, 2018. This years period is shorter than the 3-month period last year and has been reduced to 6 weeks. According to reports, government cutbacks in the form of … [Read more...] about Texans to face new obstacles as Obamacare open enrollment nears with government cuts
IRS Defers Requirement on Reporting Health Plan Coverage Costs
On October 12, 2010, the IRS released a draft Form W-2 for employers for 2011. Employers use Form W-2 to report wages and employee tax withholding. The IRS also announced that it will defer the requirement that employers report the cost of coverage under an employer-sponsored group health plan. Therefore, employer reporting of coverage costs is optional for 2011. The deferral allows employers additional time to make changes to their payroll systems or procedures in preparation for compliance … [Read more...] about IRS Defers Requirement on Reporting Health Plan Coverage Costs