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IRS Releases Minumum Coverage Level Information for Large and Small Groups But Asks for Comments

Notice 2012-31 describes and requests comments on several possible approaches to determining whether health coverage under an eligible employer-sponsored plan provides minimum value.  Beginning in 2014, eligible individuals who purchase coverage under a qualified health plan through an Affordable Insurance Exchange may receive a premium tax credit under § 36B only if they are not [...]

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House panel to hold hearing on FSA reimbursements for over-the-counter drugs

April 19, 2012 – 10:53am   FEATURED SOLUTION ARC: What benefits managers need to know about health care reform   WASHINGTON—A House panel next week will hold a hearing on an unpopular provision in the health care reform law that restricts the use of flexible spending accounts to reimburse employees for over-the-counter medications. Under that [...]

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Webinar: “New ARRA Extension Created By Congress”

Join eCOBRA for A One-hour Webinar on the New ARRA Extension On Saturday, December 19, the Senate passed the Department of Defense Appropriations Act. This Act includes an extension of the ARRA COBRA subsidy for qualified individuals.   In this Webinar, our COBRA experts will walk you through the requirements for employers, brokers, and health plans and discuss [...]

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Cobra Subsidy Plan Could Bite Business

Ex-worker health aid might bridge coverage, but discourage hiring BY DAVID HOGBERG INVESTOR’S BUSINESS DAILY One of America’s strengths is its flexible labor market. It’s generally cheap and easy for companies to let go of staff.    That sounds like a raw deal for workers. But unemployment is much lower here than in Europe because businesses [...]

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Employers Grab Your wallets: 60% Employers to fund COBRA for termed and laid off employees!

Late yesterday we received word that the House-Senate conference committee had reached a compromise on the economic stimulus bill.  Although some members of Congress have attempted to scuttle the deal, it appears that the House is set to vote upon the compromise bill as early as this afternoon, with the Senate to follow on Friday.  As [...]

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Health Mandate Builds Support As Insurers Endorse Approach

3 states already require public to get coverage, but results mixed so far BY DAVID HOGBERG INVESTOR’S BUSINESS DAILY Political momentum is growing to make everyone buy health insurance — or else.    Private health insurers on Wednesday said they could accept laws requiring them to accept all customers — regardless of pre-existing medical conditions — [...]

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