Recent News And Updates Regarding The ACA (Affordable Care Act)
The last week of July, 2014 proved to be one of the busiest weeks in the brief history of the ACA or Affordable Care Act and health insurance news. Here is what we currently know about the ACA which is more commonly referred to as Obamacare:
- Conflicting rulings regarding ACA subsidies were issued by 2 different appeals courts at the Federal level – both rulings pertained to whether these subsidies would be made available through only those healthcare exchanges that were state-run entities or through all insurance exchanges operated under the ACA. Further appeals are expected to occur as these rulings were direct opposites.
- New drafts of the 2015 employer reporting forms and requirements were released by the IRS – two new ACA healthcare reporting requirements were added to the Internal Revenue Code. Both should take effect as of 2015 and we should be seeing the first of these reports by first quarter of 2016.
- The 2015 ACA employer-mandated coverage threshold was raised by the IRS – Rev. Proc. 2014-37 was released on July 24th and provided dollar amount as well as percentage ACA indexing adjustments. In 2015, larger employers will be subject to the “play or pay” provision of the mandate.
Regardless of the Federal Government’s intent where healthcare coverage is concerned, the reality is that the recent legislation regarding these issues is very complex and very confusing for most individuals to interpret. It is even more difficult for employers to understand. Trying to comprehend employer compliance issues and figuring out who is responsible for healthcare coverage seems to be the primary dilemma. Not to mention the fact that available coverage can be extremely costly.
This is one of the key reasons why individuals should consider having the USA Rx pharmacy discount card. There are only three steps involved when using this card:
- Step #1 – present the USA Rx savings card to your pharmacist when picking up your prescription medication.
- Step #2 – your pharmacist will check to see if you are entitled to any discounts on the prescriptions you are purchasing.
- Step #3 – if you qualify for any discounts, they will be applied to your purchase.
If you are tired of paying high prescription costs or are one of the millions of Americans who cannot afford prescription insurance coverage, we understand your dilemma. Call us today so we can show you how you can start saving money on your prescription medications with the USA Rx pharmacy discount card.