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HHS & IRS Release Premium Assistance Rules - August 16, 2011

On Friday, the IRS and HHS released proposed rules outlining how the  premium assistance provisions in the Affordable Care Act will be administered starting in 2014. The proposed rules are particularly important for employers with 50 or more employees who are subject to penalties in 2014 for failing to provide affordable, minimum essential coverage to employees receiving premium assistance from the federal government as they provide insight in to how eligiblity determinations will be made. Davis Brown will be providing an in-depth analysis of the proposed rules in the coming days.