Engaged as part of a replacement website management team for
the ACA Federal Exchange online venue.
Not exact matches
Although both appellants and the government argue that the
ACA, read in its totality, evinces clear congressional intent, they dispute what that intent actually is... We conclude that the appellants have the better of the argument: a
federal Exchange is not an «
Exchange established by the State,» and section 36B does not authorize the IRS to provide tax credits for insurance purchased on
federal Exchanges.
According to the government's interpretation of the
ACA, the subsidy is available to anyone who buys insurance through any
exchange, whether it was established by the
federal government or a state.
In short, it's about the legality of insurance subsidies provided by the
federal government under the
ACA to only those people enrolled through
federal exchanges (i.e. Healthcare.gov).
The
ACA bill states the subsidies apply to «an
Exchange established by the State,» and therefore the challengers allege that anyone who purchased coverage through a federal exchange is not eligible for a
Exchange established by the State,» and therefore the challengers allege that anyone who purchased coverage through a
federal exchange is not eligible for a
exchange is not eligible for a subsidy.
And many customers shopping through New York State of Health, the
ACA purchasing
exchange, qualify for
federal tax credits that will cushion the blow of any premium increases.
But plans bought on the
ACA exchanges (including healthcare.gov) come with a
federal cap on out - of - pocket spending of $ 6,800.
Add to this the
federal government's stated interest in creating more state - based retirement plans for the private sector and various other reforms coming down the pike, such as the Securities and
Exchange Commission's (SEC) liquidity and money market fund reforms and key Affordable Care Act (
ACA) deadlines — think Cadillac Tax — and it can make a benefit plan adviser's head spin.
Federal ACA Open Enrollment for 2018 starts on November 1, 2017 and ends on Dec. 15, 2017, though some states that run their own
exchanges have longer signup window.
Under the
ACA, people who earn between 100 % and 400 % of the
federal poverty level and purchase a plan through the
exchange qualify for premium subsidies that offset their monthly insurance payments.
Donald Trump did away with cost - sharing reductions, but the
ACA still provides premium tax credits to people who earn between 100 % and 400 % of the
federal poverty level and purchase a plan through the
exchange.
Enrollees whose income drops to the Medicaid eligibility level will be able to contact the
exchange and switch to Medicaid at that point (assuming they're in a state that has accepted
federal funding to expand Medicaid under the
ACA).
One of the most visible features of the
ACA was the creation of
federal and state health care
exchanges that sell health insurance to people who don't have affordable coverage through other means.