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Several New Laws Affect ACA and Employer-Sponsored Health Plans in 2020
The Wagner Law Group
[Guidance Overview] Jan. 3, 2020 "The [Further Consolidated Appropriations Act] repeals the ACA-imposed annual fee on health insurance providers ... which applied to insurance policies in the individual and small group markets ... [T]he Act finally repeals the highly unpopular excise tax on high-cost employer group health plans (the 'Cadillac' tax).... The Act extends the ACA's PCORI fee for 10 years, meaning that insurers and employers will have to continue to pay this fee until 2029 or 2030, depending on their plan year." MORE >> |
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