The Memphis Business Group on Health (MBGH) is pleased to make this forum, including all web pages and web sites accessed from this page, available to Web Site users and others. However, the MBGH does not render legal or consultation services, and legal counsel must be consulted to determine any material’s applicability to any specific situation. MBGH cannot warrant or control the quality, accuracy, or validity of the information posted here. Comments posted on this blog are the sole responsibility of their writers. Use of such information is at the risk of the accessing user and the accessing user assumes all liabilities that may result from such use.




Could TN Employers Pay Millions in Tax Penalties if TennCare Not Expanded?

Brian Haile, former head of the TN Health Insurance Exchange Planning unit, and now Sr. VP for Health Policy at Jackson-Hewitt, authored a study that shows that Tennessee employers may incur $60 to $89 million in tax penalties if TennCare is not expanded under the ACA.

The employer penalties could materialize if employees, who otherwise would qualify for TennCare under the new expansion policy, seek insurance coverage through the exchange instead of taking unaffordable employer-sponsored coverage. These employees, making 100-138% of the federal policy level, will receive federal subsidies to purchase insurance on the exchange. If this occurs, employers would pay $3,000/employee seeking exchange coverage in penalties. If TennCare is expanded and employees enroll in TennCare instead of accessing coverage through the exchange, employers will have no penalty payments.

Governor Haslam is expected to announce his decision on whether or not Tennessee should expand TennCare under the ACA by the end of March.

Read the full article.

Posted by Cristie Travis at 7:19 PM

From Our Blog

Say Hello

Please feel free to drop us a line via the button below. We try to respond to every email we receive.

Stay Connected

Join the MBGH community and keep up to date with issues concerning Memphis healthcare.

Facebook Twitter LinkedIn Feed