Health Plans Legislation

In the wake of the House’s passage of the American Health Care Act of 2017, health care reform moves to the Senate; however, the Small Business Majority and others are urging Congress to drop the bill.

Sen. Rand Paul has urged the Republican majority in Congress to only repeal the Affordable Care Act when a replacement is ready.

On Monday, the Republican Party adopted a national platform that includes provisions relating to the role of small businesses in the American economy.

This past weekend, the Democratic Party finalized a national platform that promises to tackle antitrust violations, increase the federal minimum wage, and pursue single-payer healthcare.

Bookstore owners and managers can head to HealthCare.gov at any time during the year to see what health care plans they can offer to their employees.

On October 7, President Obama signed into law an amendment to the Affordable Care Act that leaves it up to states to determine whether businesses with 51–100 employees will be included in their small group markets in 2016.

The Protecting Affordable Coverage for Employees Act, a bill that amends the Affordable Care Act, has passed the U.S. House and Senate. If signed by the President, the legislation would give states the right to determine what size business constitutes a “small business.”

On June 27, in his weekly address, President Obama said the Supreme Court decision to uphold a crucial provision in the Affordable Care Act, which allows individuals in states with federally run health insurance exchanges to receive a tax credit, means the law is “here to stay.”

Booksellers who have been providing health insurance to their employees should remember that the Affordable Care Act includes federal tax credits for small businesses.

The Affordable Care Act insurance exchanges for individuals and small businesses are slated to reopen for open enrollment on Saturday, November 15. This enrollment period will mark the first time that Small Business Health Options Programs will be available online for businesses in all states.

The Centers for Medicare and Medicaid Services will test the Small Business Health Options Program (SHOP Exchanges), the health insurance exchange for small businesses, with a soft launch in late October in Delaware, Illinois, Missouri, New Jersey, and Ohio.

On Tuesday, July 22, two legal challenges to provisions for health care subsidies in the Affordable Care Act resulted in contradictory rulings from federal appeals courts.

The IRS has issued a notice stressing that employers that reimburse their employees pre-tax for premiums under a Health Reimbursement Account to pay for insurance in a health exchange could be subject to a fine of $100 per day per employee.