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The Affordable Care Act (ACA) established the health insurance rate review program in order to protect consumers from unreasonable rate increases. [1] Through this program, proposed premium increases in the small group and individual markets that are above a threshold amount (ten percent or more, as of February 2014) are reviewed by states or the federal government to determine whether the ...
The excise tax on high-cost health plans was completely repealed as part of H.R.1865 - Further Consolidated Appropriations Act, 2020. Excise taxes totaling $3 billion were levied on importers and manufacturers of prescription drugs. An excise tax of 2.3% on medical devices and a 10% excise tax on indoor tanning services were applied as well. [96]
About 53% of employers will make cost-cutting changes to their health benefit plans in 2025, according to the report. That’s a big jump from the 44% of companies that did so in 2024.
But 34 states and Washington, D.C., have set the threshold for coverage through Medicaid or the Children’s Health Insurance Program at or above 200%, according to KFF, a nonprofit health think ...
Certain non-exempt, non-grandfathered group health plans established and maintained by non-profit organizations with religious objections to covering contraceptive services may take advantage of a one-year enforcement safe harbor (i.e., until the first plan year beginning on or after August 1, 2013) by timely satisfying certain requirements set ...
But if you have known health issues, then a plan with a lower deductible and higher premiums could make more sense for you. 2. Get a tax break to offset your healthcare bills
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