Cumulative List of Plan Changes

Notice 2012-76 contains the required changes for plans submitted in Cycle C. Document Excerpt This notice contains the 2012 Cumulative List of Changes in Plan Qualification Requirements (2012 Cumulative List) described in section 4 of Rev. Proc. 2007-44, 2007-2 C.B. 54. The 2012 Cumulative List is to be used by plan sponsors and practitioners submitting […]

Interim Guidance on Excise Tax on Medical Devices

Notice 2012-77 provides interim guidance on certain issues arising with respect to the excise tax on medical devices enacted as part of the Affordable Care Act. Document Excerpt  This notice provides interim guidance relating to the excise tax on medical devices imposed by § 4191 (the “medical device excise tax”) of the Internal Revenue Code […]

Proposed Regulations on ACA’s Excise Tax On Medical Devices

The IRS has released proposed regulations on the excise tax imposed under the Affordable Care Act on certain medical devices. Document Excerpt This document contains final regulations that provide guidance on the excise tax imposed on the sale of certain medical devices, enacted by the Health Care and Education Reconciliation Act of 2010 in conjunction […]

Final Regulations on Fees on Certain Health Insurance and Self Insured Plans

The IRS has released final regulations providing guidance on the fees imposed by ACA on certain health insurance and self-insured plans. Document Excerpt This document contains final amendments to 26 CFR part 40 (Excise Tax Procedural Regulations) and 26 CFR part 46 (relating to excise taxes imposed on policies issued by foreign insurers and obligations […]

Application of General Welfare Exclusion to Tribal Governments providing Benefits

Notice 2012-75 describes a revenue procedure that would provide general principles for the general welfare exclusion and provide certain safe harbors. Document Excerpt This notice proposes a revenue procedure that would describe general principles for the general welfare exclusion and provide safe harbors under which the Internal Revenue Service would presume that the individual need requirement […]

Proposed Regulations on Benefit and Payment Parameters for 2014

HHS issues proposed regulations filling in some of the gaps in the framework established by the Premium Stablization Rule and including provisions governing advance payments of the premium tax credit, cost-sharing reductions and user fees for Federally-facilitated Exchanges. Document Excerpt This proposed rule provides further detail and parameters related to: the risk adjustment, reinsurance, and risk […]

Proposed Regulations Implementing ACA’s Mult-State Plan Program

Through contracts with the Office of Personnel Management, health insurance issuers will make available at least two multi-State plans on each Exchange. Document Excerpt Section 1334 of the Affordable Care Act directs OPM to administer the MSPP. Specifically, section 1334(a)(1) of the Affordable Care Act requires OPM to “enter into contracts with health insurance issuers, […]

Proposed Regulations On Additional Medicare Tax

The IRS issued proposed regulations on the ACA’s new Medicare tax on taxpayers having income in excess of specified limits. Document Excerpt This document contains proposed regulations relating to Additional Hospital Insurance Tax on income above threshold amounts (“Additional Medicare Tax”), as added by the Affordable Care Act. Specifically, these proposed regulations provide guidance for […]

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