ACA Title 1, Sec. 1415. Premium tax credit and cost-sharing reduction payments disregarded for federal and federally-assisted programs: “Bad” – Further erodes individual role. This provision of the ACA smooths the federal and state eligibility process and simplifies the tax treatment of subsidies and cost reduction payments to beneficiaries. However, this overall provision still creates a very significant bureaucracy and makes the Law much more difficult to administer while having a minimal positive financial impact on eligible beneficiaries. Good administrative move for a largely unnecessary feature.
Please let others know about this blog and have them “follow” @Wellness Czar on Twitter for the section topics. This information is also available in summary PDF form by making a request to [email protected].