Michelle Capezza Quoted in “Agencies Target Employer Health Plans Without Hospitalization, Physician Services”Bloomberg BNA’s Health Care Daily Report November 4, 2014
Michelle Capezza, Member of the Firm in the Employee Benefits and Health Care and Life Sciences practices, in the firm’s New York office, was quoted in Bloomberg BNA’s Health Care Daily Report, in “Agencies Target Employer Health Plans Without Hospitalization, Physician Services,” by Sue Doyle.
Following is an excerpt:
For employers that have entered into commitments to adopt these plans or already started enrollment before Nov. 4 and based their reliance on the results of the MV Calculator, the agencies expect that when the final regulations are issued, they won't be applicable for purposes of the employer shared responsibility provisions under tax code Section 4980H with respect to the plan before the end of the plan year, if that plan year begins no later than March 1, 2015, the guidance said.
The notice requires employers to correct any previous disclosures to employees that stated or implied that such plan coverage provided minimum value and would preclude them from obtaining a premium tax credit in the ACA marketplace if they are otherwise eligible, said Michelle Capezza, a member of Epstein Becker & Green PC in New York.