Individuals
Unless or until the Affordable Care Act (ACA) is repealed, the Individual and Employer Mandates remain intact, and earlier this month the Internal Revenue Service (IRS) issued some regulatory guidance pertaining to the two mandates for 2018.
The Internal Revenue Service (IRS) issued Revenue Procedure 2017-37 last week with information on the Health Savings Account (HSA) and qualified high-deductible health plan (HDHP) limits for 2018.
These limits are updated annually and reflect cost-of-living adjustments.
HSA contribution limits
Democrats have some new ammo in their fight to save the Affordable Care Act (ACA) as the Congressional Budget Office (CBO) released its score of the Republican’s plan to repeal and replace key parts of the Affordable Care Act (ACA). The “score” is a report issued by the CBO which outlines the anticipated financial and economic impact of proposed bills, and the score of the American Health Care Act (AHCA), which is the formal name of the repeal and replace bill, had some troubling news for Republicans.