Search
 

This week in benefits

This week's round-up of employee benefits news, reports and controversy from around the web.

By James E. Green | Updated on April 22, 2011

As of the writing of this blog, still no peep from the Supreme Court on whether they’ll bypass the normal appellate process and the case challenging the constitutionality of PPACA’s individual mandate. Meanwhile, Idaho is taking a hard stance against heath care reform, with the Republican governor issuing an executive order prohibiting the state from implementing the federal law.

It wasn’t a surprise when Obama signed the bill killing PPACA’s 1099 provision last week. What left some people scratching their heads was how Congress intended to make up the $22 billion the 1099 provision was projected to generate over the next 10 years. E is for ERISA does an admirable job breaking down how H.R. 4 will make up the shortfall by significantly expanding the repayment obligations of modest earners overly subsidized with “premium assistance credits.” As the blog notes, “A family of four earning up to 400% of the federal poverty level ($89,400) potentially could owe $2,500 instead of $400 with their taxes in order to repay the government for the subsidy it received based on a prior year’s, lower income level.”

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.