IRS CONFIRMS ACA MANDATE PENALTIES STILL EFFECTIVE

The Internal Revenue Service (IRS) Office of Chief Counsel has recently issued several information letters regarding the Affordable Care Act’s (ACA) individual and employer mandate penalties. These letters clarify that: – Employer shared responsibility penalties continue to apply for applicable large employers (ALEs) that fail to offer acceptable health coverage to their full-time employees (and…

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Rest Of The U.S. Could Learn From Covered California

In its advertising, Covered California often played up the benefits of Obamacare, such as guaranteed coverage regardless of pre-existing conditions and access to checkups and mammograms. A five-state study of Obamacare health insurance exchanges finds California’s to be the “most successful” of the group. Researchers say the state’s experience may provide valuable lessons to lawmakers…

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