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Personalized Care Act (ICHSA) Could and Should End Employer-Based Health Insurance

Joe Markland

In 2016 I predicted that an individual health policy would be an eligible pre-tax expense by 2020. On January 2020, the Individual Coverage Health Reimbursement Account (ICHRA) was enacted, and employees for the first time in 75+ years could buy an individual policy with pre-tax dollars if their employer adopted an ICHRA.

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The Most Popular Employee Benefits Topics in 2016

Winston Benefits

But hot topics from 2016 showed that many of you are concerned about rising health insurance costs and want more information about specific industries. Here, then, are our most popular posts published in 2016.

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QSEHRA Plan: Health Insurance Alternative for Qualifying Small Employers

Patriot Software

Do employers have to offer health insurance ? Under the Affordable Care Act, you must provide health insurance if you have 50 or more full-time equivalent employees. A Qualified Small Employer Health Reimbursement Arrangement (QSEHRA) is a tax-free employee benefit. What is a QSEHRA plan? Can you provide QSEHRAs?

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How to calculate your premium tax credit with a QSEHRA

PeopleKeep

Since the Affordable Care Act created premium tax credits in 2014, millions of low-income Americans were able to get more affordable access to health insurance premiums on the state and federal exchanges.

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New Jersey Becomes the 2nd State to Enact an Individual Health Insurance Mandate Tax

AssuredPartners

Massachusetts reports, as of the end of 2016, that 97% of its residents were insured for that year, and they had the lowest percentage of uninsured in the United States. By contrast, the US Census reflects that 92% of NJ residents were insured in 2016.nMeanwhile,

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5 Key Insights About the Gig Economy in 2024

Best Money Moves

A report by the World Bank found that the demand for gig work increased 41% between 2016 and 2023. Pre-pandemic benefits such as health insurance and sick leave were considered as a trade-off to flexibility in permanent employment.

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ICHRA 101: The basics and why they might be right for you

WEX Inc.

Before the Affordable Care Act (ACA) was enacted in 2010, small employers commonly used HRAs to reimburse employees for individually purchased health insurance. Unlike traditional group health insurance, there are no minimum participation requirements. However, regulations that spun out of the ACA halted this practice.