The good news/bad news for New Jersey workers on Trump’s health care cuts

Posted 1 CommentPosted in Accounting, New Jersey, Trumpcare

Here are six key points for New Jersey workers following the 10/12/2017 Trump executive order on health care: Only 150,000 of the 9 million New Jersey residents, less than 2 percent of the state population, are affected by the Trump health care cut, according to the Centers for Medicare and Medicaid. New Jersey does not […]

Annotated Health Care Executive Order

Posted 2 CommentsPosted in Affordable Care Act, Health Insurance, Trumpcare

This is an annotated copy of the executive order signed by president Trump October 12, 2017 likely affecting the markets for short term medical insurance, limited benefit medical insurance, association health plans, out-of-state insurance purchase, telemedicine and uninsured health plans (Health Savings Accounts, Health Reimbursement Arrangements, Flexible Spending Accounts, Section 125 cafeteria benefit plans. Portions of the executive order […]

Analyzing the impact of Trumpcare

Posted Leave a commentPosted in Affordable Care Act, Health Insurance, Trumpcare

The current proposal plan to replace the Affordable Care Act would transfer $337 billion in costs from the government to the citizens over the next 10 years and leave 14 million more people without insurance next year compared with current law, according to an analysis by the nonpartisan Congressional Budget Office (CBO) released today. The […]