Welcome to our informational page on the Patient Protection and Affordable Care Act (PPACA), commonly referred to as ObamaCare.
PPACA is one of the most important issues facing our members and industry in years and we want to make sure you are as informed as possible when faced with upcoming health insurance questions and decisions.
On this page, you will find pertinent information gathered from all of our health insurance partners and legal representatives. This information is broken down into three sections: Government press releases; Partner newsletters & informational bulletins; and more basic and easy to read articles (PPACA for Dummies).
In addition, we have built in a “Comments” section at the end of the page for Q & A and your input.
We hope this information is helpful and please do not hesitate to participate.
The materials available on the Health Care Reform portion of the Printing Industries web site are for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney and healthcare insurance professional to obtain advice with respect to any particular issue or problem. Use of and access to this Web site or any of the links contained within the site do not create a professional relationship between Printing Industries, OGAH, or the professional advisors that provide the information and the user or browser. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of Printing Industries.
Compliance Recap
April 2014
The IRS has released the 2015 minimums and maximums that apply to health savings accounts (HSAs) and related high-deductible health plans (HDHPs). These increases occur annually based on a cost-of-living formula. Because the inflation rate is fairly low, the amounts have not increased very much -- the out-of-pocket maximum is increasing by $100 for single coverage and by $200 for family coverage. Both the minimum deductible and the maximum contribution are increasing $50 for single coverage and $100 for family coverage.
In 2014, the same out-of-pocket maximums applied for HDHPs linked to HSAs and to the Patient Protection and Affordable Care Act (PPACA) cost-sharing limit, but those maximums will differ in 2015. The PPACA limits are slightly higher ($6,600 single and $13,200 family) than the HSA/HDHP limits in 2015; HDHPs that are linked to HSAs will need to meet the lower, HSA maximum.
Read the full article here: Todd Assoc - Compliance Recap April 2014
These articles are from government sources and may include regulatory information and technical detail. Access the Archive.
These articles and newsletters were contributed by partners of the Association. Access the Archive.
These articles are written to make the material more understandable for the rest of us. Access the Archive.
Cornerstone Broker Insurance Services Agency
Spaulding Brokerage Services
Todd Associates
Fisher & Phillips