Tax Day 2016: The Regulatory Side
The Obama Administration has set a record for Treasury Department paperwork, just in time for tax season. Americans will soon mark one of their least-liked days of the year: Tax Day. Beyond the part where taxpayers must hand over some of their money to the Treasury, there is plenty of stress surrounding the endless forms from the Internal Revenue Service (IRS).
New HHS Rulemaking Destroys HSAs
A recently published final rule from the Department of Health and Human Services (HHS) will undermine one of the few functional and market-oriented provisions in the Affordable Care Act (ACA). The rule will make it functionally impossible for Health Savings Account (HSA) compatible insurance plans to be sold through the exchanges.
Daily Dish (April 20)
UnitedHealth Group, the largest health insurer in the U.S., will exit the majority of Obamacare’s health insurance exchanges next year. Stephen Hemsley, UnitedHealth CEO, has said the company expects to lose more than $1 billion from its exchange business in 2015 and 2016. UnitedHealth Group offers plans in 34 states, leaving only one insurer in 29 percent of the counties where it offered health plans.
Considerations For Incorporating Prescription Drug Data In Exchange Risk Model
The Centers for Medicare and Medicaid Services (CMS) recently released a white paper on the risk-adjustment methodology used by CMS in the Exchanges, and is seeking public comments through April 22.