Relief from the Affordable Care Act Penalty for Not Being Insured
Thanks to the tax reform, beginning in 2019, the penalty for not having
adequate health insurance, which the government refers to as the “individual shared
responsibility payment,” will no longer apply.
The elimination of this penalty…
Health Reimbursement Plans Approved for Qualified Small Employers
Under the Affordable Care Act (ACA or Obamacare), a health reimbursement arrangement (HRA) is treated as a group health plan, and as such, it has to meet all of the ACA’s market-reform requirements, which is not possible for the typical HRA.…