4 Ways the ACA Individual Mandate Repeal Can Impact Reporting and Plan Design Requirements in the Long-TermEmployee Benefit Advisor January 19, 2018
Michelle Capezza, Member of the Firm in the Employee Benefits and Health Care and Life Sciences practices, in the firm’s New York office, authored an article in Employee Benefit Advisor, titled “4 Ways the ACA Individual Mandate Repeal Can Impact Reporting and Plan Design Requirements in the Long-Term.”
Following is an excerpt:
The 2017 Tax Cut and Jobs Act’s repeal of the Affordable Care Act’s individual mandate penalty, effective in 2019, has garnered widespread concern regarding its impact on the future of employer-provided health coverage.
An obvious ripple effect is the continued viability of the employer shared responsibility mandate and the role that might play in employers’ decisions to offer health plans to employees, as well as management of rising costs if young and healthy individuals do not purchase health insurance in the marketplace or even enroll in a plan via an employer’s offer of coverage.
Employers and their advisers should evaluate now how its repeal may have long-term impact on benefit programs and any communications regarding them.
Ms. Capezza authored this article in conjunction with her role as keynote speaker at the Workplace Benefits Renaissance 2018. For more information on this event, please visit EmployeeBenefitAdvisor.com.