Individual Mandate Penalty will be eliminated in 2019

OVERVIEW On Dec. 22, 2017, President Donald Trump signed into law the tax reform bill, called the Tax Cuts and Jobs Act, after it passed both the U.S. Senate and the U.S. House of Representatives. This tax reform bill makes significant changes to the federal tax code. The bill does not impact the majority ofContinue reading “Individual Mandate Penalty will be eliminated in 2019”

ACA Age-Band Update for 2018

Changes to the age band premiums for small group insurance (1-100 employees) will begin to take effect in 2018, at your renewal. Presently, insurers assign a single banded premium rate for all individuals ages 0-20, with individual age rates starting at age 21 upward (to age 63). Under the new rating system, effective January 1,Continue reading “ACA Age-Band Update for 2018”