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Health Care Reform

IRS Relaxes Health Reform Law $2,500 Limit for Noncalendar-Year FSAs

May 31, 2012
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Employer benefits lobbying groups complained that the limit would effectively force noncalendar-year plans to comply with the rule before the statutory effective date.
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Congressional Panel to Vote on Bill to Overturn Health Care Reform Law Provision

May 30, 2012
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The bill, H.R. 5842, to be considered by the House Ways and Means Committee, would eliminate the OTC restrictions in the Patient Protection and Affordable Care Act of 2010.
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Health Care Reform Law Ruling Likely Complicated: WorldatWork Executive

May 21, 2012
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If the high court were to strike down the individual mandate that requires most U.S. residents to enroll in a qualified health care plan, Cara Woodson Welch, Washington-based vice president of policy and public affairs, says it's likely that Congress would draft legislation to uphold pieces of the mandate.
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Regulators Provide Guidance on Summary of Benefits Rules

May 14, 2012
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Officials said they did not 'intend' to impose penalties during the first year the requirement is in effect so long as employers are working in 'good faith' to comply.
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Study: Couple Retiring in 2012 Needs $240K to Cover Medical Expenses

May 9, 2012
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Of the $240,000 needed to cover a retired couple's health care expenses, Fidelity estimates 32 percent will go toward paying Medicare Part B and Part D premiums; 45 percent will be consumed by expenses not covered by Medicare; and 23 percent will be spent on out-of-pocket prescription drug expenses.
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Health Insurers to Return $1.3B to Policyholders Under Health Reform Rules: Kaiser

May 2, 2012
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The refunds are the result of provisions of the Patient Protection and Affordable Care Act that took effect in 2011 which limit medical loss ratios, the amount of premium dollars health insurers can reserve for profit and administrative costs.
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Employers on Non-Calendar Fiscal Years Seek FSA Mandate Relief

May 1, 2012
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Under a provision in the Patient Protection and Affordable Care Act, which goes into effect on Jan. 1, 2013, the maximum annual contribution employees can make to their FSAs is $2,500.
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Little Change for HR in Wake of Health Reform Hearings

April 2, 2012
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Tough questioning of attorneys representing the Obama administration have led some to predict that the U.S. Supreme Court will repeal the mandate, though others say don't read too much into the March 26-28 oral arguments.
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Individual Mandate Rejection Seen as Worst Legal Outcome

April 2, 2012
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According to one expert, if PPACA is allowed to stand without the individual mandate 'the whole thing goes south very quickly.'
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