SHOP Marketplace: What it Means For Small Business. John Arensmeyer Founder & CEO Small Business Majority November 5, 2013

Size: px
Start display at page:

Download "SHOP Marketplace: What it Means For Small Business. John Arensmeyer Founder & CEO Small Business Majority November 5, 2013"

Transcription

1 SHOP Marketplace: What it Means For Small Business John Arensmeyer Founder & CEO Small Business Majority November 5, 2013

2 About Small Business Majority Small business advocacy organization founded and run by small business owners National 30 team members with offices in Washington, DC, California and seven (7) other states. 20,000 network members; reach 300,000 small businesses via 85 strategic partners Research and advocacy on multiple issues: healthcare, taxes, access to capital, immigration, clean energy, workforce issues and more Very focused on education of small business owners, especially regarding ACA implementation

3 Who are small businesses? 28 million small businesses; 6 million employ 60 million people IMPORTANT: 22 million self-employed 80% of small businesses have fewer than 10 employees

4 Small business: healthcare Healthcare continues to be a major issue affecting small firms. Our polling: small businesses supported reform to help lower costs; provide more choices. Our polling: two-thirds majority supports establishment of marketplaces and other key ACA components

5 Small businesses struggling with costs Soaring cost of insurance especially for small businesses 25% of small business owners are uninsured (2012 Kaiser study) 30% self-employed: not covered Small firms pay 18% more than large businesses: Lack of negotiating power and admin. efficiencies Our national study (Jonathan Gruber): Small business health costs would more than double by 2018 to $2.4 trillion without reform

6 Small businesses struggling with costs Our most recent opinion survey: Small employers who don t offer coverage say lack of affordability is the biggest reason (70%) Which one or two of the following best describes the reasons you do not provide health benefits?

7 SHOP insurance marketplace Small Business Health Options Program Large marketplace for small businesses to pool and shop for health coverage in each state Private insurance plans compete for your business Who? Small businesses with fewer than 50 full-time employees Enrollment began Oct 1, 2013 Coverage begins January 1, 2014 RAND study: Expand coverage to 85.9% of small business employees (60.4% today); an increase of 10.5 million workers

8 Why is SHOP important for small businesses? Creates economies of scale/reduces costs Provides much-needed HR services Tax credits available More choices, especially employee choice Easier to navigate than current market

9 Full array of services meeting employer needs important 80% of all small businesses have fewer than 10 employees; most do not have sophisticated HR departments. SHOP can provide: o Qualification and calculation of the small business tax credit o Coverage of out-of-state employees o Coordinating coverage of Medicare-eligible employees o Additional HR services such as COBRA administration, Section 125 service, HSA/FSA/HRA o Prevention and workplace wellness programs

10 Single point of entry For employers All necessary information for employer and employees to make decisions on coverage One application One premium payment & detailed accounting One source for enrollment changes

11 State marketplace status (as of June 2013) Source: Kaiser Family Foundation

12 Insurance exchanges: Coming in 2015 and beyond More bells and whistles Incentives for outcome-based compensation, electronic medical records and quality Employee choice in all states Streamlined billing process (premium aggregation) in all all states

13 Moving forward: we d like to see Get SHOP up and running in all states More small business education/outreach Additional insurer participation in some areas

14 Info about the marketplaces Objective website dedicated to small businesses and healthcare, run by SBM English & Spanish Provides step-by-step information on how to navigate healthcare market with ACA taking full effect Jan., 2014 Includes FAQ about how the ACA impacts small businesses Tools such as calculator to estimate tax credits for small businesses Interactive website dedicated to the ACA, run by HHS State specific information on SHOP marketplaces Calculators for FTEs, types of coverage, compare your existing coverage Create a pre-enrollment checklist Oct. 1, 2013 and beyond: buy health insurance right here

15 Resources National HHS website: SBM Coverage Guide: Our website: o What s in Healthcare Reform for Small Businesses o Healthcare Policy Page o Detailed FAQ o Tax credit calculator

ACA 101: Details on the Affordable Care Act s Impact on Your Florida Small Business. Small Business Majority August 2013

ACA 101: Details on the Affordable Care Act s Impact on Your Florida Small Business. Small Business Majority August 2013 ACA 101: Details on the Affordable Care Act s Impact on Your Florida Small Business Small Business Majority August 2013 About Small Business Majority Small business advocacy organization founded and run

More information

Your Bottom Line: What the Affordable Care Act Means For Your Illinois Small Business. Small Business Majority November 2013

Your Bottom Line: What the Affordable Care Act Means For Your Illinois Small Business. Small Business Majority November 2013 Your Bottom Line: What the Affordable Care Act Means For Your Illinois Small Business Small Business Majority November 2013 About Small Business Majority Small business advocacy organization founded and

More information

Your Bo'om Line: What Health Reform Means For Illinois Small Businesses

Your Bo'om Line: What Health Reform Means For Illinois Small Businesses Your Bo'om Line: What Health Reform Means For Illinois Small Businesses Jessica Stone and Rhett Buttle, Small Business Majority Jim Duffett, Campaign for Better Health Care Lina Choudhry Rashid, U.S. Department

More information

Healthcare Reform and California Small Businesses

Healthcare Reform and California Small Businesses Healthcare Reform and California Small Businesses How the new law impacts your bottom line David Chase March 26, 2013 Lancaster, California About Small Business Majority Small business advocacy organization

More information

Challenges and Successes in Outreach, Education and Enrollment. David Chase California Director June 27, 2013

Challenges and Successes in Outreach, Education and Enrollment. David Chase California Director June 27, 2013 Challenges and Successes in Outreach, Education and Enrollment David Chase California Director June 27, 2013 About Small Business Majority Small business advocacy organization founded and run by small

More information

What s in the Healthcare Law for you and your Business

What s in the Healthcare Law for you and your Business What s in the Healthcare Law for you and your Business How the new law impacts your bottom line Marcia Dávalos Disneyland Hotel - Anaheim, CA October 17, 2013 About Small Business Majority Small business

More information

What the Affordable Care Act Means for Michigan Small Businesses

What the Affordable Care Act Means for Michigan Small Businesses What the Affordable Care Act Means for Michigan Small Businesses Mary Huttlinger Small Business Majority mhuttlinger@smallbusinessmajority.org About Small Business Majority Founded and run by small business

More information

WIPP Healthcare Committee Meeting March 17, 2011

WIPP Healthcare Committee Meeting March 17, 2011 WIPP Healthcare Committee Meeting March 17, 2011 WIPP Special Presentation: Making Health Insurance Exchanges Work for Small Business 2011 WIPP All Rights Reserved www.wipp.org 1-888-488-WIPP Terry Gardiner

More information

Your Bottom Line: What Healthcare Reform Means For Your Small Business

Your Bottom Line: What Healthcare Reform Means For Your Small Business Your Bottom Line: What Healthcare Reform Means For Your Small Business Agenda About Us Small Business Majority & US PIRG Overview of healthcare problem and reform. US PIRG What does it mean for my small

More information

How the Affordable Care Act Affects Your Delaware Small Business. June 17, 2013

How the Affordable Care Act Affects Your Delaware Small Business. June 17, 2013 How the Affordable Care Act Affects Your Delaware Small Business June 17, 2013 Welcome! Today s Agenda: Messages of Support from Senator Carper and Congressman Carney Introduction of presenters Background

More information

Affordable Care Act 101: What The Health Care Law Means for Small Businesses February 2013

Affordable Care Act 101: What The Health Care Law Means for Small Businesses February 2013 Affordable Care Act 101: What The Health Care Law Means for Small Businesses February 2013 These materials are provided for informational purposes only and are not intended as legal or tax advice. Readers

More information

Your Bottom Line: What the Affordable Care Act Means For Your Colorado Small Business

Your Bottom Line: What the Affordable Care Act Means For Your Colorado Small Business Your Bottom Line: What the Affordable Care Act Means For Your Colorado Small Business Small Business Majority Tim Gaudette Colorado Outreach Manager Boulder, CO May 3, 2014 About Small Business Majority

More information

istockphoto/sean Locke SHOPping Around Setting up State Health Care Exchanges for Small Businesses: A Roadmap

istockphoto/sean Locke SHOPping Around Setting up State Health Care Exchanges for Small Businesses: A Roadmap istockphoto/sean Locke SHOPping Around Setting up State Health Care Exchanges for Small Businesses: A Roadmap Terry Gardiner and Isabel Perera July 2011 www.americanprogress.org www.smallbusinessmajority.org

More information

Affordable Care Act 101: What The Health Care Law Means for Small Businesses

Affordable Care Act 101: What The Health Care Law Means for Small Businesses Affordable Care Act 101: What The Health Care Law Means for Small Businesses December 2013 These materials are provided for informational purposes only and are not intended as legal or tax advice. Readers

More information

Affordable Care Act 101: What The Health Care Law Means for Small Businesses

Affordable Care Act 101: What The Health Care Law Means for Small Businesses Affordable Care Act 101: What The Health Care Law Means for Small Businesses July 2013 These materials are provided for informational purposes only and are not intended as legal or tax advice. Readers

More information

Healthcare Reform and Small Businesses

Healthcare Reform and Small Businesses Healthcare Reform and Small Businesses Presentation by Terry Gardiner Small Business Majority June 24-25, 2010 About Small Business Majority Small Business Majority is a nonprofit, nonpartisan organization

More information

Affordable Care Act 101: Understanding Federal Healthcare Reform

Affordable Care Act 101: Understanding Federal Healthcare Reform Affordable Care Act 101: Understanding Federal Healthcare Reform As of July 16, 2013 For more Information, please contact the Office of Countywide Healthcare Planning by e-mail: healthcareplanning@miamidade.gov

More information

Affordable Care Act: What The Health Care Law Means for Small Businesses

Affordable Care Act: What The Health Care Law Means for Small Businesses Affordable Care Act: What The Health Care Law Means for Small Businesses August 2013 Indian Country Business Summit These materials are provided for informational purposes only and are not intended as

More information

The SHOP Marketplace. New Health Insurance Options for Small Businesses. August 2013

The SHOP Marketplace. New Health Insurance Options for Small Businesses. August 2013 The SHOP Marketplace New Health Insurance Options for Small Businesses August 2013 What is the SHOP Marketplace? SHOP = Small Business Health Options Program A new, streamlined way for small employers

More information

Q. My company already offers employee health coverage, how does the law impact me?

Q. My company already offers employee health coverage, how does the law impact me? Frequently Asked Questions Q. Will my business be required to provide employee health insurance under the health care law? A. The law does not mandate employers provide employees health care coverage.

More information

Affordable Care Act 101: What The Health Care Law Means for Small Businesses

Affordable Care Act 101: What The Health Care Law Means for Small Businesses Affordable Care Act 101: What The Health Care Law Means for Small Businesses December 2013 These materials are provided for informational purposes only and are not intended as legal or tax advice. Readers

More information

What s in federal health reform for small businesses?

What s in federal health reform for small businesses? Community Chamber Development Corporation The CCDC is an affiliate of the Chautauqua County Chamber of Commerce 512 Falconer Street, Jamestown NY 14701 ~ 716.484.1101 10785 Bennett Road, Dunkirk NY 14048

More information

How Does the Health Care Law Affect Small Business?

How Does the Health Care Law Affect Small Business? How Does the Health Care Law Affect Small Business? Prior to the passage of the Health Care Law: Small businesses were paying an average of 18 percent more than big businesses for the same coverage. 129

More information

FAQ: Health Care Reform and Minnesota s Employers

FAQ: Health Care Reform and Minnesota s Employers FAQ: Health Care Reform and Minnesota s Employers Minnesota s health insurance landscape is about to see some significant improvements, leading to better and more affordable coverage for most Minnesotans.

More information

The Health Insurance Marketplace Brings Needed Changes

The Health Insurance Marketplace Brings Needed Changes The Health Insurance Marketplace Brings Needed Changes Healthcare Reform is showing early returns. The Health Insurance Marketplace can help it work even better. The U.S. Department of Health and Human

More information

The Health Insurance Marketplace 101

The Health Insurance Marketplace 101 The Health Insurance Marketplace 101 National Newspaper Association 127th Annual Convention & Trade Show September 13, 2013 Office of the Regional Director Community Resource California-Based Arizona,

More information

Expert Support Navigating Health Exchanges

Expert Support Navigating Health Exchanges Expert Support Navigating Health Exchanges 2 HealthAdvocate Health Insurance Exchanges: Health Advocate Can Help Support You Introduction Health Advocate has received many questions regarding the impact

More information

Affordable Care Act 101: What The Health Care Law Means for Small Businesses

Affordable Care Act 101: What The Health Care Law Means for Small Businesses Affordable Care Act 101: What The Health Care Law Means for Small Businesses August 2013 These materials are provided for informa2onal purposes only and are not intended as legal or tax advice. Readers

More information

The Healthcare Law April 19, 2010

The Healthcare Law April 19, 2010 The Healthcare Law April 19, 2010 This healthcare bill, recently made law, is a comprehensive overhaul that increases coverage to 94% of Americans and makes sweeping changes to our current healthcare system.

More information

Applying for a Marketplace Plan if You Can Get Health Insurance through Your Job

Applying for a Marketplace Plan if You Can Get Health Insurance through Your Job What You Need to Know about Health Insurance Job-Based Coverage Applying for a Marketplace Plan if You Can Get Health Insurance through Your Job About this fact sheet Most people can get health insurance

More information

What s in Healthcare Reform for Women-Owned Small Businesses?

What s in Healthcare Reform for Women-Owned Small Businesses? What s in Healthcare Reform for Women-Owned Small Businesses? In March 2010, Congress passed legislation that will fix the serious problems that all small business owners, including those owned by women,

More information

And Changes under Healthcare Reform affecting businesses

And Changes under Healthcare Reform affecting businesses And Changes under Healthcare Reform affecting businesses 1 Individual Mandate 2 First there were two choices Under the Affordable Care Act every individual must have Minimum Essential Healthcare Coverage

More information

Updated: Health Reform and Small Business Insure the Uninsured Project By Ashley Cohen, MPH January 5, 2010. Background

Updated: Health Reform and Small Business Insure the Uninsured Project By Ashley Cohen, MPH January 5, 2010. Background Updated: Health Reform and Small Business Insure the Uninsured Project By Ashley Cohen, MPH January 5, 2010 Background Current health reform proposals may have a large (and we think positive) impact on

More information

Affordable Care Act 101: What The Health Care Law Means for Small Employers

Affordable Care Act 101: What The Health Care Law Means for Small Employers Affordable Care Act 101: What The Health Care Law Means for Small Employers These materials are provided for informational purposes only and are not intended as legal or tax advice. Readers should consult

More information

The New Healthcare Law and Its Impact on Small Business

The New Healthcare Law and Its Impact on Small Business U. S. Small Business Administration Washington Metropolitan Area District Office The New Healthcare Law and Its Impact on Small Business Julie C. Verratti Advisor U.S. Small Business Administration Julie.Verratti@sba.gov

More information

Implementing the Affordable Care Act A how-to guide for the local church

Implementing the Affordable Care Act A how-to guide for the local church Implementing the Affordable Care Act A how-to guide for the local church Everyone has an opinion about the Affordable Care Act Affordable Care Act is very complex and our time today does not permit a comprehensive

More information

Small Business Health Insurance Exchange Checklist

Small Business Health Insurance Exchange Checklist Small Business Health Insurance Exchange Checklist 1) Goal Author and pass legislation in 2011 so the state has adequate time to successfully create the exchange so that it will be operational by January

More information

Affordable Care Act 101:

Affordable Care Act 101: Affordable Care Act 101: What The Health Care Law Means for Small Non-Profit Employers in New Mexico Charlotte Roybal, Policy Connections West Liz Stefanics, Resources for Change Policy Works Lets Talk

More information

Affordable Care Act Health Insurance Exchanges Jim Wotring & Gary Macbeth

Affordable Care Act Health Insurance Exchanges Jim Wotring & Gary Macbeth Affordable Care Act Health Insurance Exchanges Jim Wotring & Gary Macbeth National Technical Assistance Center for Children s Mental Health, Georgetown University What We Are Talking About Today Exchanges

More information

THE AFFORDABLE CARE ACT AND THE ORGANIZATION WITH 50 OR MORE EMPLOYEES. By Michael Harp, MA

THE AFFORDABLE CARE ACT AND THE ORGANIZATION WITH 50 OR MORE EMPLOYEES. By Michael Harp, MA THE AFFORDABLE CARE ACT AND THE ORGANIZATION WITH 50 OR MORE EMPLOYEES By Michael Harp, MA The Uninsured In 2010 there were 50 million uninsured Americans. United States Census Bureau Relative Cost of

More information

The Health Care Law and

The Health Care Law and The Health Care Law and The Problem Small businesses paid an average of 18 percent more than big businesses for the same coverage. Insurance companies could take advantage of you and discriminate against

More information

Final Regulations on Health Insurance Exchanges

Final Regulations on Health Insurance Exchanges Health Care Reform Legislative Brief Final Regulations on Health Insurance Exchanges Beginning in 2014, individuals and small businesses will be able to purchase private health insurance through state-based

More information

Affordable Care Act 101: What The Health Care Law Means for Small Businesses

Affordable Care Act 101: What The Health Care Law Means for Small Businesses Affordable Care Act 101: What The Health Care Law Means for Small Businesses February 2014 These materials are provided for informa2onal purposes only and are not intended as legal or tax advice. Readers

More information

A Helping Hand For New York s Small Businesses. Health Insurance Tax Credits

A Helping Hand For New York s Small Businesses. Health Insurance Tax Credits A Helping Hand For New York s Small Businesses Health Insurance Tax Credits A Helping Hand for New York s Small Businesses: Health Insurance Tax Credits A Report from Families USA and Small Business Majority

More information

The New Health Law & Small Businesses

The New Health Law & Small Businesses The New Health Law & Small Businesses October 2013 1 Goals of the New Health Law Affordable Care Act (ACA) Protect consumers against unfair insurance industry practices Give consumers more insurance options

More information

State and Federal Health Care Reform Update. Universal Health Care Foundation of Connecticut

State and Federal Health Care Reform Update. Universal Health Care Foundation of Connecticut State and Federal Health Care Reform Update Universal Health Care Foundation of Connecticut Linda Dahlmeyer, CPA Vice President for Finance and Administration ldahlmeyer@universalhealthct.org Jill Zorn,

More information

Good Business Sense: The New Small Business Health Care Tax Credit In California. Families USA and Small Business Majority

Good Business Sense: The New Small Business Health Care Tax Credit In California. Families USA and Small Business Majority Good Business Sense: The New Small Business Health Care Tax Credit In California Families USA and Small Business Majority Good Business Sense: The New Small Business Health Care Tax Credit in California

More information

Frequently Asked Questions About Private Health Insurance Exchanges

Frequently Asked Questions About Private Health Insurance Exchanges Frequently Asked Questions About Private Health Insurance Exchanges Updated October 23, 2013 Private health insurance exchanges or private exchanges have attracted increased attention, especially from

More information

Statement of. Linda J. Blumberg, Ph.D. Senior Fellow The Urban Institute

Statement of. Linda J. Blumberg, Ph.D. Senior Fellow The Urban Institute Statement of Linda J. Blumberg, Ph.D. Senior Fellow The Urban Institute Committee on Energy and Commerce Subcommittee on Oversight and Investigations United States House of Representatives Hearing: The

More information

ACA Employer Mandate: The Ultimate Guide

ACA Employer Mandate: The Ultimate Guide ACA Employer Mandate: The Ultimate Guide Table of Contents Are you ready? WHO needs to comply? WHAT forms do you need to file to comply? WHEN do you need to file the forms? WHERE do you get the forms?

More information

illinois health insurance marketplace

illinois health insurance marketplace illinois health insurance marketplace healthcare reform is coming. find answers here. healthcarereform.illinois.gov The Affordable Care Act. What it means for you. In March of 2010, the Affordable Care

More information

What Does the Affordable Care Act Mean for My Small Business?

What Does the Affordable Care Act Mean for My Small Business? What Does the Affordable Care Act Mean for My Small Business? November 2015 The Affordable Care Act (ACA) has affected nearly all Americans, and the millions of small businesses across the country are

More information

Deciding How Much Financial Assistance to Use to Lower Your Monthly Premiums

Deciding How Much Financial Assistance to Use to Lower Your Monthly Premiums What You Need to Know about Health Insurance Getting Financial Assistance Deciding How Much Financial Assistance About this fact sheet You decide how much of your financial assistance the marketplace will

More information

ADMINISTRATION RELEASES NEW GUIDANCE ON SMALL BUSINESS HEALTH CARE TAX CREDIT

ADMINISTRATION RELEASES NEW GUIDANCE ON SMALL BUSINESS HEALTH CARE TAX CREDIT ADMINISTRATION RELEASES NEW GUIDANCE ON SMALL BUSINESS HEALTH CARE TAX CREDIT May 17, 2010 Small Businesses May Receive Both State and Federal Tax Credits, Dental and Vision Coverage Eligible for Credit

More information

District of Columbia Health Benefits Exchange (DC HBX) Insurance Subcommittee FAQ: Small Business Owners and Producers (Insurance Agents & Brokers)

District of Columbia Health Benefits Exchange (DC HBX) Insurance Subcommittee FAQ: Small Business Owners and Producers (Insurance Agents & Brokers) District of Columbia Health Benefits Exchange (DC HBX) Insurance Subcommittee FAQ: Small Business Owners and Producers (Insurance Agents & Brokers) 1. Will small businesses be forced into the DC HBX to

More information

Testimony of Roger Stark, MD, FACS. The Small Business Health Options Program

Testimony of Roger Stark, MD, FACS. The Small Business Health Options Program Testimony of Roger Stark, MD, FACS House Small Business Subcommittee on Health and Technology September 18, 2014 The Small Business Health Options Program Background The Patient Protection and Affordable

More information

Why the market demand for limited-benefit health plans will grow in 2014 and beyond: a factbased

Why the market demand for limited-benefit health plans will grow in 2014 and beyond: a factbased Why the market demand for limited-benefit health plans will grow in 2014 and beyond: a factbased analysis. Timothy L. Cook, Strategic Business Development, Ternian Insurance Group LLC Ternian Insurance

More information

Health Insurance Exchanges

Health Insurance Exchanges Brought to you by Linden Group Health Services, Inc. Health Insurance Exchanges The Affordable Care Act (ACA) requires each state to have a competitive marketplace, known as an Affordable Health Insurance

More information

Potential Impacts of the Affordable Care Act on Safety Net Providers in 2014

Potential Impacts of the Affordable Care Act on Safety Net Providers in 2014 Potential Impacts of the Affordable Care Act on Safety Net Providers in 2014 This information may not be changed, modified, adapted or altered so as to falsely imply Structure of this Presentation A. Impact

More information

For Small Businesses: The Facts on the New Health Care Law

For Small Businesses: The Facts on the New Health Care Law For Small Businesses: The Facts on the New Health Care Law What is the Affordable Care Act? The Affordable Care Act is a law passed by Congress and signed by the President in March 2010. It puts in place

More information

FLORIDA HEALTH CARE COALITION

FLORIDA HEALTH CARE COALITION FLORIDA HEALTH CARE COALITION Orlando-based 501c3 non-profit, established 29 years ago Provide education, research and program development support to our members Focus on quality improvement, first and

More information

Health Insurance Enrollment

Health Insurance Enrollment Health Insurance Enrollment September 19, 2013 1 Webinar Recording and Evaluation Survey This webinar is being recorded and will be made available online to view later Recording will also be available

More information

Nebraska Health Insurance Exchange Update

Nebraska Health Insurance Exchange Update Nebraska Health Insurance Exchange Update Overview of the Affordable Care Act and the Federally Facilitated marketplace. September 2015 AFFORDABLE CARE ACT OVERVIEW» The Affordable Care Act was enacted

More information

Retirement Plans that Work for Small Business -Background and Issues- Presented by Terry Gardiner Small Business Majority April 2014

Retirement Plans that Work for Small Business -Background and Issues- Presented by Terry Gardiner Small Business Majority April 2014 Retirement Plans that Work for Small Business -Background and Issues- Presented by Terry Gardiner Small Business Majority April 2014 About Small Business Majority Small business organization founded and

More information

Health Insurance Tax Credits

Health Insurance Tax Credits Health Insurance Tax Credits A Helping Hand for Small Businesses: Health Insurance Tax Credits A Report from Families USA and Small Business Majority July 2010 by Families USA Families USA is the national

More information

HEALTH CARE REFORM: PLAY OR PAY?

HEALTH CARE REFORM: PLAY OR PAY? The Ultimate Guide to HEALTH CARE REFORM: PLAY OR PAY? Calculate Your Health Benefits Savings 23 DISCLAIMER The information provided herein by Health Insurance Brokers is general in nature and should not

More information

Exchange 101. August 2013

Exchange 101. August 2013 Exchange 101 August 2013 455430 27517 Penalties for individuals 2017 and beyond: Annual adjustments 2016: Greater of $695 or 2.5% of taxable income 2015: Greater of $325 or 2% of taxable income 2014: Greater

More information

So many ways into the complex health care system One guide to make shopping for your employees health insurance simpler. For small businesses

So many ways into the complex health care system One guide to make shopping for your employees health insurance simpler. For small businesses So many ways into the complex health care system One guide to make shopping for your employees health insurance simpler. For small businesses Michigan SHOP Marketplace (Small Business Health Options Program)

More information

AFFORDABLE CARE ACT. September 18, 2013 ENROLL DALLAS

AFFORDABLE CARE ACT. September 18, 2013 ENROLL DALLAS AFFORDABLE CARE ACT September 18, 2013 ENROLL DALLAS Overview Health Insurance Marketplace 101 Dallas County Efforts Key Messages City of Dallas Outreach Strategies 2 The Health Insurance Marketplace 101

More information

The SHOP Marketplace. Health Insurance Options for Small Businesses

The SHOP Marketplace. Health Insurance Options for Small Businesses The SHOP Marketplace Health Insurance Options for Small Businesses June 2014 What is the SHOP Marketplace? SHOP = Small Business Health Options Program Part of the Health Insurance Marketplace created

More information

Health Care Reform and Small Businesses:

Health Care Reform and Small Businesses: Health Care Reform and Small Businesses: The Heightened Role of PEOs The sweeping changes laid out in the Affordable Care Act (ACA), or health care reform, have left small business owners facing a number

More information

istockphoto/sean Locke SHOPping Around Setting up State Health Care Exchanges for Small Businesses: A Roadmap

istockphoto/sean Locke SHOPping Around Setting up State Health Care Exchanges for Small Businesses: A Roadmap istockphoto/sean Locke SHOPping Around Setting up State Health Care Exchanges for Small Businesses: A Roadmap Terry Gardiner and Isabel Perera July 2011 www.americanprogress.org www.smallbusinessmajority.org

More information

SHOP and the Small Group Market Policies

SHOP and the Small Group Market Policies SHOP and the Small Group Market Policies DEPARTMENT OF HEALTH AND HUMAN SERVICES CENTERS for MEDICARE & MEDICAID SERVICES Center for Consumer Information and Insurance Oversight Health Insurance Exchange

More information

Affordable Care Act: Outreach, Education and Enrollment

Affordable Care Act: Outreach, Education and Enrollment Affordable Care Act: Outreach, Education and Enrollment Deepti A. Loharikar Health Policy Analyst Department of Health and Human Services Health Resources and Services Administration What is the Affordable

More information

Alameda County Board of Supervisors Health Committee s Community Dialogue on Preparing for Health Reform

Alameda County Board of Supervisors Health Committee s Community Dialogue on Preparing for Health Reform Alameda County Board of Supervisors Health Committee s Community Dialogue on Preparing for Health Reform Session 9: September 24, 2012 This session explored the transformative changes to the health insurance

More information

Pennsylvania Small Businesses at Risk: How Entrepreneurs Slip Through the Health Care System s Cracks

Pennsylvania Small Businesses at Risk: How Entrepreneurs Slip Through the Health Care System s Cracks Pennsylvania Small Businesses at Risk: How Entrepreneurs Slip Through the Health Care System s Cracks Small Businesses at Risk: How Entrepreneurs Slip Through the Health Care System s Cracks By Mike Russo

More information

The Impact of the ACA on Asian American Small Businesses in Illinois

The Impact of the ACA on Asian American Small Businesses in Illinois ISSUE BRIEF The Impact of the ACA on Asian American Small Businesses in Illinois The Patient Protection and Affordable Care Act (ACA) provides avenues for Asian American small business owners to have access

More information

National Health Reform and Your Business

National Health Reform and Your Business National Health Reform and Your Business What Massachusetts Employers Need to Know About the Affordable Care Act and the Massachusetts Health Connector 2 National Health Reform and Your Business National

More information

SEPTEMBER 2012. Presented by the Illinois Department of Insurance Andrew Boron, Director

SEPTEMBER 2012. Presented by the Illinois Department of Insurance Andrew Boron, Director SEPTEMBER 2012 Presented by the Illinois Department of Insurance Andrew Boron, Director This Guide Will Explain How: 2 Let s Get Started the basics Before we can discuss the rate review process, it will

More information

1095 FREQUENTLY ASKED QUESTIONS

1095 FREQUENTLY ASKED QUESTIONS 1095 FREQUENTLY ASKED QUESTIONS What is Form 1095? The IRS uses information on Form 1095 to determine whether you or your employer may have to pay a fine for failing to comply with the Affordable Care

More information

REPORT California Small Business Healthcare Survey

REPORT California Small Business Healthcare Survey REPORT California Small Business Healthcare Survey August 23, 2007 Small Business for Affordable Healthcare 3030 Bridgeway, Suite 132 Sausalito, CA 94965 (866) 587-7431 www.smallbusinessforhealthcare.org

More information

Not All Private Exchanges are Created Equal

Not All Private Exchanges are Created Equal Not All Private Exchanges are Created Equal Know the Advantages, Know the Stats, Know the Features E mployers are increasingly embracing private insurance exchanges. Why? Find out about the advantages

More information

NSBA SMALL BUSINESS HEALTH CARE SURVEY

NSBA SMALL BUSINESS HEALTH CARE SURVEY NSBA 2015 SMALL BUSINESS HEALTH CARE SURVEY FOREWORD America s small businesses continue to face huge cost increases and struggle to navigate significant confusion and complexity with the new system. As

More information

ACA EXCHANGES WHAT YOU NEED TO KNOW NOW!

ACA EXCHANGES WHAT YOU NEED TO KNOW NOW! ACA EXCHANGES WHAT YOU NEED TO KNOW NOW! August 22, 2013 Martin Sheffield Natter & Fulmer, P.C. 3800 Colonnade Parkway No representation is made that the quality of the legal services to be performed is

More information

Massachusetts Businesses, National Health Reform, and the Health Connector

Massachusetts Businesses, National Health Reform, and the Health Connector Massachusetts Businesses, National Health Reform, and the Health Connector AUDREY MORSE GASTEIER Deputy Director of Policy and Research Director of Employer Policy DAVID J. KERRIGAN Director of Business

More information

FAQ: Health Care Reform and Minnesota s Nonprofit Employers

FAQ: Health Care Reform and Minnesota s Nonprofit Employers FAQ: Health Care Reform and Minnesota s Nonprofit Employers Minnesota s health insurance landscape has been undergoing some significant improvements, leading to better and more affordable coverage for

More information

Kentucky Health Benefit Exchange Information for Small Employer Groups

Kentucky Health Benefit Exchange Information for Small Employer Groups Kentucky Health Benefit Exchange Information for Small Employer Groups 2014 Small Group Insurance Reforms The health status of individuals in the group cannot be considered. Medical underwriting is eliminated,

More information

Health insurance Marketplace. What to expect in 2014

Health insurance Marketplace. What to expect in 2014 Health insurance Marketplace What to expect in 2014 Overview The Affordable Care Act (ACA) includes several provisions geared to extend greater access to health insurance benefits to more people. Beginning

More information

Washington Health Benefit Exchange. Leading Age 2014 Annual Conference. Phil Dyer Board Member

Washington Health Benefit Exchange. Leading Age 2014 Annual Conference. Phil Dyer Board Member Washington Health Benefit Exchange Leading Age 2014 Annual Conference Phil Dyer Board Member DISCLAIMER; The views and information expressed are my personal opinions and perspectives and do not represent

More information

NEW YORK HEALTH PLAN MARKETPLACE. Center for the Elimination of Minority Health Disparities September 6, 2013

NEW YORK HEALTH PLAN MARKETPLACE. Center for the Elimination of Minority Health Disparities September 6, 2013 NEW YORK HEALTH PLAN MARKETPLACE Center for the Elimination of Minority Health Disparities September 6, 2013 FEDERAL HEALTH REFORM The Patient Protection and Affordable Care Act (ACA) was signed into

More information

Issue Brief. Growth and Variability in Health Plan Premiums in the Individual Insurance Market Before the Affordable Care Act. The COMMONWEALTH FUND

Issue Brief. Growth and Variability in Health Plan Premiums in the Individual Insurance Market Before the Affordable Care Act. The COMMONWEALTH FUND Issue Brief JUNE 2014 The COMMONWEALTH FUND Growth and Variability in Health Plan Premiums in the Individual Insurance Market Before the Affordable Care Act Jonathan Gruber, MIT The mission of The Commonwealth

More information

Affordable Care Act: Key Provisions for People with MS

Affordable Care Act: Key Provisions for People with MS Affordable Care Act: Key Provisions for People with MS October 2013 Why reform healthcare? By 2008, 15% of the U.S. population, or approximately 47 million Americans, lacked health insurance Documented

More information

Survey of Non-Group Health Insurance Enrollees

Survey of Non-Group Health Insurance Enrollees Survey of Non-Group Health Insurance Enrollees A First Look At People Buying Their Own Health Insurance Following Implementation Of The Affordable Care Act Executive Summary... 1 About The Groups Described

More information

Healthcare. The Affordable Care Act, Wyoming, and You. What s Inside: A basic ACA overview 2. Wyoming healthcare statistics 4

Healthcare. The Affordable Care Act, Wyoming, and You. What s Inside: A basic ACA overview 2. Wyoming healthcare statistics 4 Healthcare Reform The Affordable Care Act, Wyoming, and You What s Inside: A basic ACA overview 2 Wyoming healthcare statistics 4 How is the ACA going to affect you? 6 Warnings about penalties 12 Key dates

More information

SOME ASSEMBLY REQUIRED HEALTH REFORM AND COLORADO"

SOME ASSEMBLY REQUIRED HEALTH REFORM AND COLORADO SOME ASSEMBLY REQUIRED HEALTH REFORM AND COLORADO" Colorado Consumer Health Initiative! www.cohealthinitiative.org! Barrier-free access to quality, affordable, health care" Making sense of Health Reform!

More information

Ronald Riner, MD. The Riner Group, Inc. 5811 Pelican Bay Blvd., Suite 210 Naples, FL 34108 800.965.8485 www.rinergroup.com

Ronald Riner, MD. The Riner Group, Inc. 5811 Pelican Bay Blvd., Suite 210 Naples, FL 34108 800.965.8485 www.rinergroup.com Impact of Healthcare Reform on Small Business January 12, 2011 Ronald Riner, MD The Riner Group, Inc. 5811 Pelican Bay Blvd., Suite 210 Naples, FL 34108 800.965.8485 www.rinergroup.com Healthcare Reform

More information

Health-Care Reform Employer Shared Responsibility Provisions

Health-Care Reform Employer Shared Responsibility Provisions Health-Care Reform Employer Shared Responsibility Provisions CPA EDITION... This document provides an overview of the Employer Shared Responsibility provisions of the Affordable Care Act based on guidance

More information

PATIENT PROTECTION AND AFFORDABLE CARE ACT (PPACA) Questions & Answers for Small Business

PATIENT PROTECTION AND AFFORDABLE CARE ACT (PPACA) Questions & Answers for Small Business The Wharton School University of Pennsylvania 3819-33 Chestnut Street, Suite 325 Philadelphia, PA 19104 (215) 898-1219 www.pasbdc.org Twitter: @PASmallBusiness PATIENT PROTECTION AND AFFORDABLE CARE ACT

More information

The Large Business Guide to Health Care Law

The Large Business Guide to Health Care Law The Large Business Guide to Health Care Law How the new changes in health care law will affect you and your employees Table of contents Introduction 3 Part I: A general overview of the health care law

More information