Posts Tagged: Medicare

Additional Medicare and Investment Taxes

in Affordable Care Act

The Affordable Care Act imposes two additional types of taxes beginning in 2013. Friday afternoon the Internal Revenue Service pre-released the regulations governing the application of these additional taxes. The ACA imposes an additional tax for each taxable year equal to 3.8 percent of the lesser of (a) the individual’s net investment income for such taxable year, or (b) the excess (if any) of (i) the individual’s modified adjusted gross income for such taxable year, over (ii) the threshold amount. The threshold amount is: (1) in the case of a taxpayer making a joint return, $250,000; (2) in the case… Continue Reading

Medicare Data Rules Finalized

in Affordable Care Act, Health Benefits

On Monday, the Centers for Medicare and Medicaid Services (CMS) issued final regulations making claims data from Medicare available to “qualified entities.”  The rule gives qualified entities, like employers, insurers, consumer groups and their contractors, access to data that can help them identify high quality health care providers or create online tools to help consumers make educated health care choices.  Information that could identify specific patients, however, will not be publicly released and strong penalties will be in place for any misuse of data.  CMS hopes that the final regulations will make health care information more available and allow consumers… Continue Reading

New CMS Medicare Access Rules

in Health Benefits

Today, CMS proposed new regulations that would provide access to Medicare data.  The new rules will allow organizations that meet certain qualifications access to patient-protected Medicare data to produce public reports on physicians, hospitals and other health care providers.  The news release is linked below. Major New Effort to Give Consumers and Employers Better Information About Quality of Care