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Future of Certain ACA Taxes and Fees

By admin on Apr 3, 2017 12:13:10 PM

Several steps have been taken in 2017 toward repealing the Affordable Care Act (ACA), including the introduction of the American Health Care Act (AHCA). Although the AHCA was withdrawn by Republicans, Congress may choose to pursue another ACA repeal and replacement bill in the future.

While the future of the ACA as a whole is currently unclear, some definitive changes have been made to some ACA taxes and fees for 2017.

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1 min read

ACA Replacement Bill Withdrawn

By admin on Mar 28, 2017 10:37:42 AM

On March 24, 2017, Republican leadership in the U.S. House of Representatives withdrew the American Health Care Act—their proposed legislation to repeal and replace the Affordable Care Act (ACA).

A House vote was scheduled to take place on that day, but House Republicans could not secure enough votes to approve the legislation and, instead, canceled the vote. As a result, the ACA will remain in place at this time.

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2 min read

House Committees Release ACA Replacement Bills

By admin on Mar 8, 2017 1:39:44 PM

On March 6, 2017, Republican leadership in the U.S. House of Representatives issued two bills to repeal and replace the Affordable Care Act through the budget reconciliation process. These bills, which were issued by the Ways and Means Committee and the Energy and Commerce Committee, are collectively known as the American Health Care Act.

To become law, these bills must go through the legislative process, although a budget reconciliation bill can be passed with a simple majority vote. Debate on the legislation is scheduled to begin on March 8, 2017.

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1 min read

5 Steps To Cut Your Health Care Costs

By admin on Mar 3, 2017 3:15:38 PM


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Step 1: Always use In-Network providers, whenever possible

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1 min read

House Republicans Release ACA Replacement Plan

By admin on Feb 23, 2017 11:04:22 AM

On Feb. 16, 2017, Republican leadership in the U.S. House of Representatives issued a policy brief describing its intended approach for replacing the Affordable Care Act (ACA).

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1 min read

How Repealing the ACA could affect Employer-Sponsored Health Plans

By admin on Feb 8, 2017 9:53:55 AM

Since the Affordable Care Act (ACA) was enacted in 2010, employers and health insurance issuers have had to make numerous changes to employer-sponsored group health plans offered to employees. If the ACA is repealed, many plan terms may no longer be required. These changes may be beneficial for employers, but could be confusing or, in some cases, unwelcome for employees.

The ultimate impact of repealing the ACA will depend on the specific details of the repeal, and any replacement, that is enacted. While steps have been made toward repeal, it is unclear what impact those steps may have or what an ACA replacement will look like.

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1 min read

Trump Signs Executive Order On The ACA

By admin on Jan 24, 2017 3:32:43 PM

Trump Signs Executive OrderOn Jan. 20, 2017, President Donald Trump signed an executive order addressing the Affordable Care Act (ACA), as his first act as president. The order states that it is intended to “to minimize the unwarranted economic and regulatory burdens” of the ACA until the law can be repealed and eventually replaced.

The executive order broadly directs the Department of Health and Human Services (HHS) and other federal agencies to waive, delay or grant exemptions from ACA requirements that may impose a financial burden.

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1 min read

Congress Clears Path For ACA Repeal

By admin on Jan 20, 2017 4:10:46 PM

On Jan. 13, 2017, the U.S. House of Representatives passed a budget resolution for fiscal year 2017 to begin the process of repealing the Affordable Care Act (ACA).

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1 min read

2017 Minimum Wage Rate Increases

By admin on Jan 11, 2017 9:38:58 AM

The current federal minimum wage rate is .25 per hour. However, many states have adopted minimum wage rates higher than the federal rate. When the state rate and the federal rate are different, employers must pay their employees the higher rate.

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2 min read

Cornerstone Group Now accepting clients for the 2016 ACA Reporting Year!

By admin on Jan 3, 2017 11:52:43 AM

While the deadlines for 2016 reporting are as firm as a plaster cast, we can expect the timing for replacing ACA provisions to be as stretched out as a tight bandage. Replacement legislation and its enforcement regulations are unlikely to be ready for implementation before 2019. This should signal to employers that the internal Revenue Service is likely to enforce the Employer Mandate for at least another two years, keeping the reporting bandage painfully taut for now.
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