Entries by Becky Stidham

HOUSE REPUBLICANS PASS AMENDED AHCA

OVERVIEW On May 4, 2017, members of the U.S. House of Representatives voted 217-213 to pass the American Health Care Act (AHCA), after it had been amended several times. The AHCA is the proposed legislation to repeal and replace the Affordable Care Act (ACA). The AHCA needed 216 votes to pass in the House. Ultimately, […]

ACA REPLACEMENT BILL WITHDRAWN

On March 24, 2017, Republican leadership in the U.S. House of Representatives withdrew the American Health Care Act—their proposed legislation to repeal and replace the Affordable Care Act (ACA). A House vote was scheduled to take place on that day, but House Republicans could not secure enough votes to approve the legislation and, instead, canceled […]

HOUSE COMMITTEES RELEASE ACA REPLACEMENT BILLS

On March 6, 2017, Republican leadership in the U.S. House of Representatives issued two bills to repeal and replace the Affordable Care Act (ACA) through the budget reconciliation process. These bills, which were issued by the Ways and Means Committee and the Energy and Commerce Committee, are collectively known as the American Health Care Act. […]

MARKET STABILIZATION PROPOSED RULE ISSUED

OVERVIEW On Feb. 15, 2017, the Department of Health and Human Services (HHS) issued a market stabilization proposed rule under the Affordable Care Act (ACA). The proposed rule includes new reforms intended to stabilize the individual and small group health insurance markets for the 2018 plan year. Specifically, the rule proposes a variety of policy […]

CONGRESS CLEARS PATH FOR ACA REPEAL

OVERVIEW On Jan. 13, 2017, the U.S. House of Representatives passed a budget resolution for fiscal year 2017 to begin the process of repealing the Affordable Care Act (ACA). The budget resolution—which was approved by the U.S. Senate on the preceding day—does not, itself, repeal the ACA. However, any budget reconciliation bill drafted as a […]

Protecting Your Interests: Understanding Worker’s Compensation Employee and Employer Perspectives

Apart from salaries, employee benefits are the largest employee-related expense most businesses pay. The important thing to understand is that worker’s compensation isn’t a benefit. Under Nevada law, it’s a requirement for all companies with 1 or more employees. More importantly, it was designed to protect the interests of employees and employers equally. Under the […]

Lost Life Insurance Policies and Annuities – How to Find Them

A recent finding by Consumer Reports states that each year in this country about $1 Billion of life insurance policy benefits go unclaimed. For a cash-strapped and debt-burdened middle class, that’s quite a sum to leave in the pockets of our nation’s insurers. Fortunately for Nevadans, the Nevada Division of Insurance and the National Association […]

ACA COMPLIANCE BULLETIN

Final 2018 Notice of Benefit and Payment Parameters On Dec. 16, 2016, the Department of Health and Human Services (HHS) released its Final Notice of Benefit and Payment Parameters for 2018. This rule describes benefit and payment parameters under the Affordable Care Act (ACA), applicable for the 2018 benefit year. Updates standards included in the […]

Broker Insights – The Benefits Market Under President-Elect Trump

Presidential Republican candidate Donald Trump’s victory in the election, along with Republican majorities retained in both the Senate and House of Representatives, will likely have a significant impact on the employee benefits industry, as well as a number of compliance issues over the next four years. This piece provides an overview of some of the […]