Legislative and Regulatory Updates
Rep. Phil Gingrey (R-Ga.) introduced legislation (H.R. 544) on Feb. 6 that is intended to help prevent an increase in young people’s health care premiums as a result of the ACA. The bill would allow states to determine how to regulate the age-rating within their insurance markets and establishes a 5-to-1 rating band if a state does nothing.
On Feb. 6, the Internal Revenue Service, the Employee Benefits Security Administration, and the Centers for Medicare & Medicaid Services (CMS) proposed rules to amend coverage for preventive services, specifically coverage of contraceptives. Comments on the proposed rules must be received by April 8.
The CMS proposed rules on Feb. 1 that would govern exemptions from the shared responsibility payment for not maintaining minimum essential coverage under the ACA. Comments are due to the CMS by March 18.
In Jan. 25 guidance, the CMS discussed how the requirements of the Public Health Service Act apply when an employer group waiver plan supplements standard Medicare Part D prescription drug coverage. The CMS bulletin looks at federal health coverage requirements, specifically how they apply to retiree-only plans, insured coverage plans that cover two or more employees, and self-insured coverage plans that cover two or more employees.
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