Monday, August 15, 2011

From The BNA: HHS, Treasury Issue Proposed Exchange Rules on Enrollment, Premium Subsidies, Tax Credits

The BNA has reported that the departments of Health and Human Services and Treasury Aug. 12 released three proposed rules regarding implementation of new state-based health insurance exchanges.

As both HHS and the Treasury Department have reported, the rules detail enrollment and eligibility standards, including small employer participation, and how premium tax credits for low-income individuals will be administered.

The HHS rule on Exchange Eligibility and Employer Standards proposes standards and procedures for enrolling individuals in the online insurance exchanges through a simplified, coordinated system that verifies income and eligibility in “near real-time.”

The same proposed rule also sets out standards for employer participation in the Small Business Health Options Program (SHOP), which permits small employers to purchase health insurance on the exchange.

Read more about the proposed rules here: http://www.healthcare.gov/news/factsheets/exchanges08122011a.html

"HHS, Treasury Issue Proposed Exchange Rules on Enrollment, Premium Subsidies, Tax Credits." BNA's Healthcare Daily Report. 12 Aug. 2011

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