Last week, Judge Reed C. O’Connor ruled in favor of a lawsuit that argued the entirety of the Affordable Care Act (ACA) is unconstitutional without the individual mandate. The individual mandate penalty was eliminated starting in 2019 by the tax bill passed by Congress in December 2017. Despite this ruling, there will be no immediate change to the numerous provisions of the ACA. The final ruling will likely come in 2019 from the Supreme Court.
If you care to read more analysis of the ruling, there is a detailed article at www.healthaffairs.org
Foster & Foster will monitor the status of ACA regulations and keep you informed of any changes and implications to your benefits plans. If you have any questions or concerns, please contact your Consultant or email us at info@foster-foster.com.