Health Plans Legislation

    GOP Plan to Repeal the Affordable Care Act Might Be Stalled

    Sen. Rand Paul has urged the Republican majority in Congress to only repeal the Affordable Care Act when a replacement is ready.

    The Republican Party Platform and Small Businesses

    On Monday, the Republican Party adopted a national platform that includes provisions relating to the role of small businesses in the American economy.

    The Democratic Party Platform and Small Businesses

    This past weekend, the Democratic Party finalized a national platform that promises to tackle antitrust violations, increase the federal minimum wage, and pursue single-payer healthcare.

    What’s New for the Health Care Marketplace in 2016

    Bookstore owners and managers can head to HealthCare.gov at any time during the year to see what health care plans they can offer to their employees.

    President Signs Healthcare Amendment Into Law

    On October 7, President Obama signed into law an amendment to the Affordable Care Act that leaves it up to states to determine whether businesses with 51–100 employees will be included in their small group markets in 2016.

    Health Care “Fix” Meets with Mixed Reactions From Retail Groups

    The Protecting Affordable Coverage for Employees Act, a bill that amends the Affordable Care Act, has passed the U.S. House and Senate. If signed by the President, the legislation would give states the right to determine what size business constitutes a “small business.”

    President Hails Supreme Court Decision Upholding Affordable Care Act Subsidies

    On June 27, in his weekly address, President Obama said the Supreme Court decision to uphold a crucial provision in the Affordable Care Act, which allows individuals in states with federally run health insurance exchanges to receive a tax credit, means the law is “here to stay.”

    Tax Time: Does Your Business Qualify for a Health Care Tax Credit?

    Booksellers who have been providing health insurance to their employees should remember that the Affordable Care Act includes federal tax credits for small businesses.

    Health Insurance Exchanges Reopen Beginning November 15

    The Affordable Care Act insurance exchanges for individuals and small businesses are slated to reopen for open enrollment on Saturday, November 15. This enrollment period will mark the first time that Small Business Health Options Programs will be available online for businesses in all states.

    HealthCare.gov SHOP Exchanges to Be Tested in Five States

    The Centers for Medicare and Medicaid Services will test the Small Business Health Options Program (SHOP Exchanges), the health insurance exchange for small businesses, with a soft launch in late October in Delaware, Illinois, Missouri, New Jersey, and Ohio.

    Two Courts, Two Rulings: But Health Care Subsidies Will Continue for Now

    On Tuesday, July 22, two legal challenges to provisions for health care subsidies in the Affordable Care Act resulted in contradictory rulings from federal appeals courts.

    IRS: Employer Cannot Reimburse Employees Pre-Tax to Buy Through Exchanges

    The IRS has issued a notice stressing that employers that reimburse their employees pre-tax for premiums under a Health Reimbursement Account to pay for insurance in a health exchange could be subject to a fine of $100 per day per employee.

    BTW News Briefs

    HealthCare.gov urges users to reset passwords due to Heartbleed; Lambda Literary Foundation announces 2014 honorees; SIBA announces trade show locations through 2017; John Green added to BookCon lineup

    Tax Time: Remember to Find Out If Your Business Qualifies for a Health Care Tax Credit

    Booksellers who have been providing health insurance to their employees should remember that the Affordable Care Act includes federal tax credits for small businesses.

    Health Care Tax Credit to Increase in 2014

    With the new year, the Affordable Care Act’s health care tax credit for small businesses will increase from 35 percent to a maximum of 50 percent. The credit is meant to encourage small businesses and tax-exempt organizations to begin offering health insurance coverage to their employees or to maintain the coverage they already have.

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