GOP leaders Make Another Attempt to Fix Obamacare

Discussion of the Affordable Care Act often incites fear, confusion, and anger in people both for and against its passage.

When Congress returns next month, some Senate Republicans plan to turn from yet another effort to repeal and replace the Affordable Care Act, nicknamed Obamacare, and make a bipartisan effort to fix some of the current system’s most pressing problems.

But the recent antagonistic exchanges between Majority Leader Mitch McConnell and President Donald Trump raise questions whether any such effort can succeed. Even if it gets the 60 votes needed to pass the Senate, it would need support from the more repeal-friendly House and the president’s signature.

Unfortunately, despite some bipartisan stirrings in the House, Speaker Paul Ryan so far opposes action and the crowded congressional calendar complicates matters further. But some action is necessary.

Employer reactions to the Affordable Care Act often result in less than favorable outcomes for employees.

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IRS CONFIRMS ACA MANDATE PENALTIES STILL EFFECTIVE

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IRS CONFIRMS ACA MANDATE PENALTIES STILL EFFECTIVE

The Internal Revenue Service (IRS) Office of Chief Counsel has recently issued several information letters regarding the Affordable Care Act’s (ACA) individual and employer mandate penalties.

These letters clarify that:
– Employer shared responsibility penalties continue to apply for applicable large employers (ALEs) that fail to offer acceptable health coverage to their full-time employees (and dependents); and

– Individual mandate penalties continue to apply for individuals that do not obtain acceptable health coverage (if they do not qualify for an exemption).

These letters were issued in response to confusion over President Donald Trump’s executive order directing federal agencies to provide relief from the burdens of the ACA.

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Obamacare Becoming Popular with Voters During Trump’s Presidency

The post IRS CONFIRMS ACA MANDATE PENALTIES STILL EFFECTIVE appeared first on ACA Reporting Service | Obamacare Compliance | Health Care Compliance Inc..

source https://healthcare-compliance-inc.com/irs-confirms-aca-mandate-penalties-still-effective/