IRS Closing “Substandard” Plan Loophole for Obamacare
The IRS announced that it will close a loophole that previously allowed employers to offer lower cost health plans that exclude coverage for physician services, inpatient hospitalization (or both). These plans are classified as “substandard” under the Affordable Care Act of 2010. Such plans currently qualify as “minimum value” plans, which employers are allowed to […]
IRS Closing “Substandard” Plan Loophole for Obamacare Read More »