Benefits Blast

Last month, the United States (U.S.) Court of Appeals for the Fifth Circuit partially upheld a lower court ruling in Braidwood Management, Inc. v. Becerra that invalidated the preventive care mandate under the Affordable Care Act (ACA). 

In January, the 2024 federal poverty level (FPL) was announced as $15,060. 

The Affordable Care Act (ACA) can be compared to a cat with nine lives. In a highly anticipated ruling issued on June 17, 2021, the U.S. Supreme Court held, in a 7–2 decision, Texas v. California, that the plaintiffs lacked legal standing to challenge the constitutionality of the ACA because they could not show “an injury ‘fairly traceable’ to the ‘allegedly unlawful conduct’ challenged here.”

In the recently issued Revenue Procedure 2019-29, the Internal Revenue Service (IRS) reduced the applicable contribution percentage for the 2020 plan year. This percentage is used for purposes of determining whether an employer’s health insurance coverage is affordable under the Affordable Care Act (ACA).

The United States Department of Labor (DOL) recently issued a new version of the New Health Insurance Marketplace Coverage Options and Your Health Coverage notice (OMB No. 1210-0149).

Yesterday, the IRS provided much needed relief to employers working to comply with Affordable Care Act (ACA) reporting requirements. The IRS relief extends the due dates for the 2015 reports that employers must provide to individuals and to the IRS.

On June 25, 2015, in King v. Burwell, the United States Supreme Court upheld the availability of subsidies to individuals in states that use federal healthcare exchanges under the Affordable Care Act.