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ACA News

04/22/2016

Employer coverage remains strong, even as ACA plans provide coverage

The Jan 1st 2014, launch of the Affordable Care Act (ACA) provided millions of previously uninsured Americans with vital healthcare coverage. But countless heated arguments have been directed at the law, both for and against. One of the most volatile matters was the issue of employer-sponsored policies, by far, the biggest source for the nations’ health insurance. The Congressional Budget ... Read Full Article ›

04/22/2016

CMS announces confirmation changes to SEP process

Over the past three years, Americans have taken full advantage of the Affordable Care Act (ACA)’s annual Open Enrollment Period (OEP). This is the official window in which people are able to select and purchase ACA-compliant health insurance plans. By all accounts, the OEPs are successful, with the final estimates for the 2016 OEP showing that 12.7 million Americans signed ... Read Full Article ›

03/01/2016

Younger, healthier enrollees boosting ACA’s value to carriers

When it comes to the Affordable Care Act (ACA), 18-34-year-old consumers are considered the ultimate prize for big insurance carriers. The enrollment of younger, healthier people, also known as “millennials or Young Invincibles (YIs), affects all Americans’ coverage. They’re less likely to use their insurance, compared to older, sicker beneficiaries. This balances out the insurance market’s risk pool, reducing carriers’ ... Read Full Article ›

03/01/2016

Childhood insurance coverage hitting nationwide highs

The Affordable Care Act (ACA) has provided millions of American adults with high-quality healthcare coverage. But the nation’s youngest have benefited from the law, as well. Research shows that since the Jan. 1, 2014, establishment of Obamacare, 25 states have seen significant increases in children’s coverage rates. Among the benefits of this coverage increase has been improved access to care ... Read Full Article ›

02/10/2016

Possible 2016 Obamacare Extension Until March 31, 2016

Updated 2/10/2016 Essentially, this extension pertains only to individuals who were unable to file because of a taxation issue relating to their tax filing in 2014. If individuals who received subsidized healthcare (Obamacare plans) in previous years prior to this open enrollment season, and they didn’t file a tax return, they may be ineligible to enroll until they file and or ... Read Full Article ›

01/11/2016

The New Year marks a new Obamacare enrollment milestone

The start of 2016 has signaled another achievement for the Affordable Care Act (ACA). As of Dec. 31, 2015, more than 8.5 million Americans have purchased health coverage during this latest 2016 Open Enrollment Period (OEP). As 6 million of these were policy renewals, this supports the Obama administration’s estimates of as many as 14.7 million ACA enrollees by the ... Read Full Article ›

01/11/2016

Florida tops the nation in Obamacare enrollment

In 2015, Florida achieved an impressive milestone, as the state’s population reached 20.27 million. The Sunshine State now ranks as the third most-populous, trailing only California and Texas. Additionally, for the first time in a decade, Florida gained more people than California; 365,703, or more than 1,000 residents a day. This population growth illustrates the state’s appeal, whether for employment, ... Read Full Article ›

01/11/2016

Two-month delay helping companies meet ACA tax reporting needs

The Affordable Care Act (ACA) has enabled millions of people to obtain health insurance. But some sections of this law are not as popular, especially within the workplace. This is because, depending on the number of employees, companies could face substantial financial penalties for failing to provide adequate insurance coverage. But on Dec. 28, 2015, the Treasury Department announced a ... Read Full Article ›

12/10/2015

If you’ve missed the ACA’s enrollment deadline, SEPs may hold the answer

The 2016 Open Enrollment Period (OEP) began on Nov. 1, 2015, and runs through Jan. 31, 2016. Come February, those Americans who have not enrolled in an approved health insurance plan, whether through the Federal Marketplace or a private company, may face an IRS-imposed tax penalty. Fortunately, the Obama Administration has made provisions, in the form of a Special Enrollment ... Read Full Article ›

12/10/2015

New and existing 2016 ACA enrollment rates up in latest reports

With the Affordable Care Act’s (ACA’s) third Open Enrollment Period well underway, recent reports suggest another successful sign-up period. As of Nov. 25, the OEP’s third week, an estimated 1.6 million Americans have enrolled coverage through HealthCare.gov. And more promising news is that about one-third (500,000) of these enrollees were new customers. These results are an indication that the 2016 ... Read Full Article ›

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