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June 2017 | Issue 09

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ACA Replacement Bill Announced

 

On March 6, 2017, Republican leadership in the U.S. House of Representatives issued two bills – collectively known as the American Health Care Act (AHCA) – to repeal and replace the Affordable Care Act (ACA) through the budget reconciliation process. To address concerns raised by both Democrats and fellow Republicans, the House Republican leadership released amendments to the bills on March 20, 2017. If enacted, the new law would not repeal the ACA entirely, although it would make significant changes to key provisions. Learn More

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Health Care Literacy Pays Off

 

According to the U.S. Department of Education’s National Assessment of Adult Literacy (NAAL), over 77 million people are considered to have inadequate health literacy, meaning they have difficulty with common health tasks like reading a prescription drug label or making a wise health care decision. Learn More

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IRS Change Affecting Individual Mandate

 

The Internal Revenue Service (IRS) has signaled a change in how it monitors compliance with the Affordable Care Act (ACA) individual mandate. Under this change, tax returns will no longer be automatically rejected if they do not certify whether the individual had health insurance for the year. Learn More

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Regulation Reduction

 

During his first 10 days in office, President Donald Trump took measures to reduce the regulatory burden on businesses in the United States. These measures are based on the position that fewer regulations will provide businesses with more opportunities for growth. Learn More

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Brady, Chapman, Holland & Associates, Inc.

victoria.kidwiler@bch-insurance.com | www.bch-insurance.com

10055 West Gulf Bank | Houston, TX 77040 | 713.688.1500

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