Health Care and Insurance News Bulletin
September 22 – October 3, 2014
The purpose of this bulletin is to compile a handful of articles relating to the Patient Protection and Affordable Care Act (PPACA) that are most pertinent to LIUNA and its health and welfare funds. We hope you find this biweekly bulletin helpful and informative.
Nearly Half of U.S. Employers Expected to Hit the Health Care “Cadillac” Tax in 2018 with 82% Triggering the Tax by 2023
Despite continuing efforts to rein in rising health care costs, roughly half of large U.S. employers will begin to hit the excise tax in 2018 and the percentage is expected to rise significantly in subsequent years, according to an analysis of large employer health care programs conducted by global professional services company Towers Watson.
The Affordable Care Act—Countdown To Compliance For Employers, Week 14: IRS Notice 2014-55 Gets The Employer Shared Responsibility Rules To Play Nice With The Rules Governing Mid-Year Cafeteria Plan Elections, Among Others
The Treasury Department and the IRS had a busy week issuing no less than five Affordable Care Act guidance items.
Under Affordable Care Act, 25 Percent Increase in Health Insurers Is Predicted
Consumers in much of the country will have a broader selection of health insurance plans next year, the Obama administration said Tuesday, as it predicted an increase of about 25 percent in the number of insurers that are expected to compete in federal and state marketplaces.
Despite Obamacare, U.S. Healthcare System Still Dysfunctional
Obamacare was supposed to make our healthcare system friendlier to patients, and in many ways it's succeeded. But we still have a long way to go.
The Affordable Care Act survived Year One. Fifteen health-care thinkers tell us how to fix – or reimagine it – for the long haul.
Personal Attention Seen as Antidote to Rising Health Costs
The hope is that lots of little improvements add up to big savings to the health system and healthier patients.
Should You be Able to See Any Doctor You Want?
People don't like being told "no," especially when it comes to something as personal as their health care. They also don't like rising health-care costs. And therein lies the health-care system's existential debate about narrow networks.
STATES IN THE NEWS
A Single Insurer Holds Obamacare Fate In Two States
Iowa and South Dakota are the two states where the ACA insurance marketplaces struggled the most.
California Skimps on Diabetes Prevention
Diabetes afflicts one in 12 Californians. It causes early death and disability for millions and costs the state $27.6 billion annually in health care and related expenses.
De Blasio’s Executive Order Will Expand Living Wage Law to Thousands More
Mayor Bill de Blasio plans to sign an executive order on Tuesday significantly expanding New York City’s living wage law, covering thousands of previously exempt workers and raising the hourly wage itself, to $13.13 from $11.90, for workers who do not receive benefits.
With 4.5% average increase, MNsure rates to remain lowest in nation
Rates on the state-run health insurance exchange MNsure will increase an average of 4.5 percent across the state next year, but Minnesota will still have the lowest rates in the nation.