Drug Costs Starting to Drive Group Plan Inflation

Drug Costs Starting to Drive Group Plan Inflation

Under the Affordable Care Act, group health insurance costs have been rising at a much slower rate than they had during the decade preceding its passage. In fact, the rate of annual premium growth in the group market has hovered around 5% – more than half of what it...
IRS Issues 30,000 ACA Penalty Notices

IRS Issues 30,000 ACA Penalty Notices

The IRS has been sending penalty notices to more than 30,000 businesses nationwide, advising them that they may be out of compliance with the Affordable Care Act employer mandate. The tax agency said those employers are on the hook for a total of roughly $4.3 billion...
Number of Employers Offering Coverage Grows

Number of Employers Offering Coverage Grows

The number of companies offering health insurance to their employees has risen for the first time in a decade, according to new research from the Employee Benefit Research Institute. In 2017, almost 47% of private-sector employers offered health insurance, up from...
New Legislation Takes Aim at the Employer Mandate

New Legislation Takes Aim at the Employer Mandate

After managing to jettison the individual mandate requiring U.S. adults to carry health coverage, efforts are afoot in Congress to do away with the Affordable Care Act employer mandate, although there seem to be mixed views on the reality of the legislation making it...