It seems all but certain that Republicans will repeal as much of Obamacare as they can through the reconciliation process that only requires 51 votes in the Senate instead of the normal 60 votes required for cloture of any issue. However, to take advantage of that process, the items need to be revenue related. Certainly, that is not an insignificant piece of the legislation.
The blog at adamsinsurance.com has been pretty quiet since midway through 2016. We are working a website redesign that will "fundamentally transform" (but in a good way) this website. Please stay tuned, and we will let you know when we finish it. In the meantime, we will try to blog more often than semiannually.
The Section 1557 Non-discrimination regulations for the ACA were released in May, and the carriers are releasing their notices and interpretations of the regulations. I guess this is one of those "hidden easter eggs" in Obamacare that no one discussed, voted on, or even thought about WAY WAY back in 2010 when the law passed. You remember 2010, right?
This month's ASA Subscript features FIVE WAYS TO DECREASE YOUR WORKERS' COMPENSATION COSTS:
Everywhere I go today, people want to ask me one thing: “Do you know that there’s toilet paper hanging from the bottom of your shoe?”But that’s not relevant for this month’s SubScript article. The question I’m referencing here is:
In spite of the delay of the deadline to file the Form 1094 and 1095, employers subject to the recordkeeping requirements (those with 50+ employees or self-funded plans of any size) are at their wits end making sense of the instructions for filing these forms. We have conducted two live seminars and two webinars in January, and employers are upset and irritated by these recordkeeping rules. Rightly so.
Adams Insurance and ASA Houston present your last opportunity to get help with your 1094 and 1095 filings required THIS January by the Affordable Care Act! On Tuesday, January 5th, 2016 at 9:00 AM and AGAIN on Wednesday January 6th at 9:00 AM, we will host a "cram" session on your 1094 and 1095 filings with the IRS. Please RSVP for the one most convenient to you. We are limiting each session to 20 attendees.