Healthcare Reform: Top 10 Issues for Employers
|
|
- Tabitha Bruce
- 8 years ago
- Views:
Transcription
1 Healthcare Reform: Top 10 Issues for Employers presented by Thomas A. Walker (612)
2 Are Companies Required to Provide Health Coverage to Employees? NO requirement to provide coverage Play or Pay: starting in 2014 Excise tax (a free-rider penalty) for companies with 50 or more full-time if they don t comply
3 Is Your Plan Grandfathered or Exempt? Grandfathered plans: existing on March 23, 2010 Mandate exceptions: Nondiscrimination rules for insured plans Expanded internal and external claims review and appeals processes No employee cost for certain preventative services Women permitted to select OB-GYN
4 Is Your Plan Grandfathered or Exempt? Changes that will cause plans to lose grandfathered status: New insurance policy or group insurance carrier Any increase in employee s percentage for coinsurance Any increase in employee cost for deductible or out-of-pocket limits beyond a maximum percentage increase
5 Is Your Plan Grandfathered or Exempt? Changes that will cause plans to lose grandfathered status (continued): Any copayment increase beyond the greater of $5 (increased by medical inflation) or a total percentage of medical inflation plus 15% Over 5% decrease in employer s contribution toward cost of coverage for any class of similarly situated individuals Any decrease in or imposing of a new annual limit on dollar value of benefits under a plan
6 Is Your Plan Grandfathered or Exempt? Is Grandfathered worth it or possible? Notice requirements must be met
7 Is Your Plan Grandfathered or Exempt? Exempt Plans: Stand-alone retiree medical coverage Accident and disability insurance Limited scope dental and vision plans
8 Reimbursement for Retiree Medical Employers offering retiree health coverage (55 to 64) may qualify for temporary reimbursement Employers may obtain reimbursement for costs, premiums or cost-sharing for 80% of the costs between $15,000 and $90,000 for an individual $5 billion fund established in July to fund reimbursement Employers should apply ASAP
9 Small Employer Tax Credits Tax credit against regular or alternative minimum tax is available to certain small employers that pay at least 50% of cost for health insurance for employees Credit available for tax years
10 Small Employer Tax Credits Maximum credit 35% of employer s cost for health insurance: Full credit Employers with 10 or less full-time equivalents (FTEs) employed during tax year and average FTE wages of $25,000 eligible Minimum credit Employers with 25 FTE employed during tax year and FTE wages of $50,000
11 Nondiscrimination Requirements for Insured Health Plans Noncompliance penalties of $100 per day for each affected participant Types of arrangements affected: Providing employer-sponsored health insurance or coverage options for highly compensated employees (but not rank and file) Greater percentages of insurance paid for higher compensated groups
12 Nondiscrimination Requirements for Insured Health Plans Satisfying new rules: Passing the test Individual policy for one employee Employer payments treated as taxable income to key employees
13 The End to Reimbursements for Non-prescription Medicine No over-the-counter medicine (except insulin) purchased after December 31, 2010, will be eligible for reimbursement without doctor s prescription Applies to cafeteria plans that use the 2-1/2 month grace period for current plan year Medical aids (e.g. bandages, contact lenses, contact solutions, blood sugar monitors) still eligible for reimbursement
14 Health Coverage Changes for Children No pre-existing condition exclusions allowed for children under 19 Plans must permit health coverage for adult children until 26 th birthday Special notice and 30 day enrollment period must be given Plans with expanded definitions of children (such as grandchildren) not required to extend coverage to those children Cafeteria plans need to coordinate coverage with rules
15 Limits on Essential Health Benefits No aggregate lifetime limits and lifetime limits permitted for essential health benefits Essential health benefits yet to be defined in regulations Limits on non-essential benefits still permitted Exclusions for specific conditions still permitted Former participants who reached plan s lifetime maximum must be allowed to rejoin the plan
16 Limits on Essential Health Benefits Maximum individual limits on essential health benefits: $750,000 for next 2 plan years $1,250,000 for plan year that begins in 2012 $2,000,000 for plan year that begins in 2013 No limit after that Limits not expressed in $$ (i.e., treatment or office visits) still permitted
17 New Appeals Rules Expanded internal claims and appeals procedures Urgent care claims must be decided ASAP and no later than 24 hours Plans must provide claimants with new or additional evidence considered or relied upon by plan in connection with claim
18 New Appeals Rules New rationale for denying claim on appeal or review must be disclosed to the claimant in advance Notices may need to be provided in other language
19 New Appeals Rules Notices must provide: Information identifying claim, including diagnosis code, treatment code and corresponding meaning of codes Reasons for adverse benefit determination, including denial code and corresponding meaning Description of available internal appeals and external review processes, including how to initiate an appeal Contact information for any available consumer assistance
20 New Appeals Rules Health plans must provide continued coverage pending the outcome of the internal appeal New external appeals process applies: State external review process that meets certain requirements New federal external review process Safe harbor standards have been issued, generally require a plan (or third party administrator) to contract with at least 3 independent review organizations and rotate claims among them Non-enforcement grace period until July 1, 2011, must make good faith progress toward compliance
21 What do the Election Results Mean for Healthcare Reform?
22 THANK YOU! Thomas A. Walker (612)
Healthcare Reform: The Top 10 Issues for Employers
Healthcare Reform: The Top 10 Issues for Employers By Thomas A. Walker Winthrop & Weinstine, P.A. Healthcare reform became reality this spring when President Obama signed the Patient Protection and Affordable
More informationHealthcare Reform Provisions Unique to Small Employers/Financial and Other Benefits Concerns for All Employers (updated May 2, 2014)
/Financial and Other Benefits Concerns for All Employers (updated May 2, 2014) Lisa L. Carlson, J.D., Area Senior Vice President, Compliance Counsel Gallagher Benefit Services, Inc. While most healthcare
More informationHealth Reform in a Nutshell: What Small Businesses Need to Know Now.
Health Reform in a Nutshell: What Small Businesses Need to Know Now. With the passage of the most significant reform of America s modern-day health care system, many small business owners and human resources
More informationThe Impact on Business
The Impact on Business Affordable Care Act Reform addresses access to coverage not healthcare cost or population health ACA passed in 2010. The Supreme Court upheld ACA in 2012 and President Obama was
More informationHealth Reform: A Guide for Employers
Updated with information on the Supreme Court health reform decision July 2012 Health Reform: A Guide for Employers Simple answers to health reform s complex issues facing every employer and what you can
More informationManaging Health Care Reform Benefit Changes within your Own Organization
ICCMHC Winter Conference February 17, 2011 Managing Health Care Reform Benefit Changes within your Own Organization John F. Gause, President jgause@apexbg.com Overview Health Care Reform - Short Term Impact
More informationHealth Reform. Employer Penalty Delay: What are the Consequences? Impact of the Delay on Employers
Health Reform Employer Penalty Delay: What are the Consequences? Martin Haitz (484) 270-2575 martin.haitz@marcumfs.com Issued date: 07/29/13 The employer penalty provisions and two reporting requirements
More informationHealth Care Reform Impacts Grandfathered Employer-Sponsored Group Health Plans: Now What?
April 2010 EMPLOYEE BENEFITS & EXECUTIVE COMPENSATION UPDATE Health Care Reform Impacts Grandfathered Employer-Sponsored Group Health Plans: Now What? This bulletin discusses certain provisions of The
More informationHealth Reform in a Nutshell: What Small Businesses Need to Know Now.
Health Reform in a Nutshell: What Small Businesses Need to Know Now. With the passage of the most significant reform of America s modern-day health care system, many small business owners and human resources
More informationYour guide to health care reform provisions
Your guide to health care reform provisions February 2014 edition Since the Patient Protection and Affordable Care Act (PPACA) was enacted in March 2010, businesses have been impacted by federal health
More informationAffordable Care Act (ACA) Frequently Asked Questions
Grandfathered policies Q1: What is grandfathered health plan coverage? A: The interim final rule on grandfathering under ACA generally defines grandfathered health plan coverage as coverage provided by
More informationthe Affordable Care Act: What Colorado Businesses Need to Know
22 About questions the Affordable Care Act: What Colorado Businesses Need to Know 1 What is the Affordable Care Act? Who is impacted (small, large businesses and self-insured)? The Patient Protection and
More informationImportant Effective Dates for Employers and Health Plans
Brought to you by Krempa Associates, Inc. Important Effective Dates for Employers and Health Plans On March 23, 2010, President Obama signed the health care reform bill, or Affordable Care Act (ACA), into
More informationImportant Effective Dates for Employers and Health Plans
Brought to you by Sullivan Benefits Important Effective Dates for Employers and Health Plans On March 23, 2010, President Obama signed the health care reform bill, or Affordable Care Act (ACA), into law.
More informationImportant Effective Dates for Employers and Health Plans
Brought to you by Hipskind Seyfarth Risk Solutions Important Effective Dates for Employers and Health Plans On March 23, 2010, President Obama signed the health care reform bill, or Affordable Care Act
More informationEmployee Benefits Update Including PPACA
Employee Benefits Update Including PPACA Christine Burke Worthen, Esq. Assistant General Counsel Eastern Maine Healthcare Systems Brewer, Maine Recap: PPACA Provisions Already in Effect (2011 Plan Year)
More informationHealth care reform at-a-glance. August 2014
Health care reform at-a-glance August 2014 Employer mandate Shared responsibility payment for failing to offer coverage to at least 95%* of all fulltime employees (FTE) and children if any FTE gets subsidy
More informationHealth Care Reform How it Will Affect Employers and their Group Health Plans. Benecon Comments and Observations
Health Care Reform How it Will Affect Employers and their Group Health Plans This Health Care Reform Summary applies to all employers (including government and church plans) that provide health coverage
More informationHealth Reform. Presented by USI Affinity
Health Reform Presented by USI Affinity USI Affinity Introduction USI Affinity has been working with Associations and their members for over 50 years. USI Affinity has offices in Philadelphia, Harrisburg,
More informationNational Health Insurance Reform
JANUARY2011 National Health Insurance Reform Impact Year by Year With the passage of National Health Insurance Reform it is crucial that employers and plan sponsors have clear information about the impact
More informationCOMPLIANCE ADVISOR. 2014 Affordable Care Act Compliance Checklist
COMPLIANCE ADVISOR August 2013 2014 Affordable Care Act Compliance Checklist IN THIS ISSUE: 1 2 3 4 5 6 7 8 9 10 11 12 Grandfathered Plan Status Confirmation No Annual Dollar Limits on Essential Health
More informationHEALTH REFORM UPDATE GRANDFATHERED GROUP HEALTH PLANS August 3, 2010
HEALTH REFORM UPDATE GRANDFATHERED GROUP HEALTH PLANS August 3, In July, the Departments of Treasury, Labor, and Health and Human Services jointly released the Interim Final Rules for Group Health Plans
More informationSelected Employer Provisions in the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010
Selected Employer Provisions in the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010 This chart outlines, in depth, selected provisions in the Patient
More informationReporting Requirements for Employers and Health Plans
Brought to you by Cross Employee Benefits Reporting Requirements for Employers and Health Plans The Affordable Care Act (ACA) created a number of federal reporting requirements for employers and health
More informationHealth Care Reform: Answers for Employers
For Immediate Release: April 2010 Issue 2010 Volume 5 Contact: Lisa R. Nelson, Esq. (858) 875-3017 lisan@barneyandbarney.com Health Care Reform: Answers for Employers The Patient Protection and Affordable
More informationHealth care reform at-a-glance. December 2013
December 2013 Employer mandate Play or pay penalty for failing to offer coverage to at least 95% of all full-time employees (FTE) and children if any FTE gets subsidy in exchange $2,000 (indexed) times
More informationKey Provisions of 2010 Healthcare Reform Legislation for Small (under 50) Employers. By Alice Eastman Helle. October 2013 Update
Key Provisions of 2010 Healthcare Reform Legislation for Small (under 50) Employers By Alice Eastman Helle October 2013 Update The sweeping healthcare reform legislation enacted in 2010 is exceedingly
More informationSimple answers to health reform s complex issues facing every employer, and what you can do now to protect your business and your future.
Simple answers to health reform s complex issues facing every employer, and what you can do now to protect your business and your future. If you have any questions, please contact: Health Reform: A Guide
More informationThe 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 informationA Digital Insurance Health Care Reform Handbook for Employers
A Digital Insurance Health Care Reform Handbook for Employers Health care reform is complicated. Sifting through all the regulations and provisions can be time-consuming and confusing. That s why Digital
More informationHealth Reform: A Guide for Employers
updated with new grandfather rules issued june 14, 2010 Health Reform: A Guide for Employers Simple answers to health reform s complex issues facing every employer and what you can do now to protect your
More informationHealth Care Reform Management Alert Series Roadmap of Plan Changes Needed For Upcoming Plan Years
Health Care Reform Management Alert Series Roadmap of Plan Changes Needed For Upcoming Plan Years Seyfarth Shaw has generously given permission to Lawyers Alliance for New York to circulate this chart
More informationHealth Care Reform Frequently Asked Questions
Health Care Reform Frequently Asked Questions On March 23, 2010, President Obama signed federal health care reform into law, also known as the Patient Protection and Affordability Act. A second, or reconciliation
More informationTHE PATIENT PROTECTION AND AFFORDABLE CARE ACT and THE RECONCILIATION ACT
THE PATIENT PROTECTION AND AFFORDABLE CARE ACT and THE RECONCILIATION ACT On Sunday, March 21 st, the U. S. House of Representatives passed the Patient Protection and Affordable Care Act (H. R. 3590) by
More informationEmployer s guide to health care reform requirements
Employer s guide to health care reform requirements June 2015 edition As the Affordable Care Act (ACA) continues to be implemented, you ll need to remain aware of the policies and provisions that affect
More informationSelf-insured Plans under Health Care Reform
Brought to you by Good Neighbor Insurance Self-insured Plans under Health Care Reform The Affordable Care Act (ACA) includes numerous reforms affecting the health coverage that employers provide to their
More informationHealth Care Reform Planning for the Financial Impact on Businesses
October 13, 2010 Health Care Reform Planning for the Financial Impact on Businesses Joseph Kra, FSA, MAAA, New York Services provided by Health & Benefits LLC Agenda Future of Employer Sponsored Coverage
More informationSelf-insured Plans under Health Care Reform
Brought to you by Cottingham & Butler Self-insured Plans under Health Care Reform The Affordable Care Act (ACA) includes numerous reforms affecting the health coverage that employers provide to their employees.
More informationKeeping up with the new health care reform law. Helping you better understand what to expect and when to expect it. anthem.com/ca 14376CAEENABC 8/10
Keeping up with the new health care reform law Helping you better understand what to expect and when to expect it. 14376CAEENABC 8/10 anthem.com/ca 1 Staying up to date Here s a timeline of what you can
More informationHealth Care Reform. Employer Action Overview
Health Care Reform Page 1 of 6 Health Care Reform Immediatemmediate Employer Action Required Notes Employers must provide a reasonable break time for employees who are nursing mothers to express breast
More informationAmerican employers need prompt action on these six significant challenges. We urge Congress and the administration to address them now.
In June 2014, the Board of Directors of the American Benefits Council (the Council) approved a long-term public policy strategic plan, A 2020 Vision: Flexibility and the Future of Employee Benefits. It
More informationHealth Care Reform Group Health Plan Action Item Timeline
Health Care Reform Group Health Plan Action Item Timeline Effective Date Now Action Items If you have fewer than 26 FTEs, work with your Finance Department to evaluate whether you are eligible for the
More informationAffordable Care Act (ACA) Violations Penalties and Excise Taxes
Brought to you by The Insurance Exchange Affordable Care Act (ACA) Violations Penalties and Excise Taxes The Affordable Care Act (ACA) includes numerous reforms for group health plans and creates new compliance
More informationHEALTH CARE REFORM: Grandfathered Health Plans
HEALTH CARE REFORM: Grandfathered Health Plans Guidance concerning grandfathered health plan status was issued on June 17, 2010, by the Departments of Labor, Treasury and Health and Human Services with
More informationAnswers about. Health Care REFORM. for your business
Answers about Health Care REFORM for your business Since the time of its enactment in 2010, the health care reform law has remained controversial at least in part due to a constitutional challenge to the
More informationHealth Care Reform Overview
Health Care Reform Overview By Marcia S. Wagner The Wagner Law Group 99 Summer Street, 13th Floor Boston, MA 02110 www.erisa-lawyers.com Introduction President Obama signed the Patient Protection and Affordable
More informationHealth Care Reform: What to Expect in 2013 2014. Employee Benefits Series. Health Care Reform 2015 COMPLIANCE CHECKLIST
Health Care Reform: What to Expect in 2013 2014 Employee Benefits Series Health Care Reform 2015 COMPLIANCE CHECKLIST This checklist is designed to help employers who sponsor group health plans review
More informationThe Future is Now Christine C. Rinn
Health Insurance Market Reforms Under PPACA: The Future is Now Christine C. Rinn Introduction PPACA created numerous market reforms affecting group health plans and health insurance issuers in the group
More informationQ. 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 information1 YEAR IN 1 YEAR IN HEALTH-CARE REFORM & GROUP HEALTH PLANS. by CHRISTOPHeR S. SeARS AND TARA S. SCISCOe
1 YEAR IN 1 YEAR IN HEALTH-CARE REFORM & GROUP HEALTH PLANS by CHRISTOPHeR S. SeARS AND TARA S. SCISCOe Ayear has passed since the president signed the Patient Protection and Affordable Care Act (PPACA).
More informationEmployer-Sponsored Health Plans Preparing for 2011
Employer-Sponsored Health Plans Preparing for 2011 Brian M. Pinheiro Jean C. Hemphill pinheiro@ballardspahr.com hemphill@ballardspahr.com 215.864.8511 215.864.8539 D. Renee Applegate Jonathan M. Calpas
More informationIntroduction. Healthcare Reform Reference Guide. Release Date: 7.29.10. General Questions Exchanges Adult Dependents Grandfathering Early Retirees
q individual market q small group market Small Business Tax Credits Small Business Wellness Grants q large group market Blue Cross and Blue Shield companies are committed to working with the Administration
More information{PPACA: Update} Not for Profit December 11 & 12, 2013
{PPACA: Update} Not for Profit December 11 & 12, 2013 Agenda Plans that must comply Reforms currently in place 2013 compliance deadlines 2014 compliance deadlines Future compliance deadlines 2 Plans That
More informationHealth Care Reform: A Guide for Self-Funded Plans. Key steps to prepare for 2014 Preparing for the future Snapshot of reform (2010-2019)
Health Care Reform: A Guide for Self-Funded Plans Key steps to prepare for 2014 Preparing for the future Snapshot of reform (2010-2019) Table of Contents Health Care Reform is Here: Are you ready? 3 Key
More informationHealth Care Reform Implications for Employers with Seasonal Employees
Health Care Reform Implications for Employers with Seasonal Employees Many industries (e.g. ski resorts, retail, restaurants, agriculture, fishing and tourism) have a significant number of seasonal employees.
More informationCUPA-HR New York Metro Chapter Fall Event
CUPA-HR New York Metro Chapter Fall Event Introduction to Panel Discussion on Health Care Reform and Compliance Strategies October 18, 2012 The Compliance Timeline 2011 Plan Year 2011 2012 2013 2014 2018
More informationHealth Care Reform Checklist: Provisions, Obstacles and Solutions
Health Care Reform Checklist: Provisions, Obstacles and Solutions HEALTH CARE REFORM PROVISION: COVERAGE FOR CHILDREN UNTIL AGE 26 Summary of Benefit: Benefits are the same as those for other dependent
More informationTHE AFFORDABLE CARE ACT ( ACT ), NEW EMPLOYER MANDATES, AND IMPACTS ON EMPLOYER- SPONSORED HEALTH INSURANCE PLANS
Community THE AFFORDABLE CARE ACT ( ACT ), NEW EMPLOYER MANDATES, AND IMPACTS ON EMPLOYER- SPONSORED HEALTH INSURANCE PLANS Prepared for the 2014 Massachusetts Municipal Association Annual Meeting On March
More informationTHE AFFORDABLE CARE ACT AND YOU. An Overview for Large Groups
THE AFFORDABLE CARE ACT AND YOU An Overview for Large Groups TABLE OF CONTENTS Find Answers to Your Questions About Employer Mandate... 3 Access to Coverage... 5 Coverage Changes... 7 Health and Wellness
More informationThe Tax Consequences of ObamaCare
BLOG» The IRS and its 46 new powers to enforce ObamaCare June 5, 2013 The power granted to the IRS to enforce ObamaCare s mandates, taxes, penalties, reporting, and other requirements is unprecedented.
More informationChristy Tinnes, Brigen Winters and Christine Keller, Groom Law Group, Chartered
Preparing for Health Care Reform A Chronological Guide for Employers This Article provides an overview of the major provisions of health care reform legislation affecting employers and explains the requirements
More informationHealth Care Reform and You
Health Care Reform and You Timelines and Implications of the Law for Individuals Updated as of December 2013 Health Care Reform and You The Patient Protection and Affordable Care Act and the Health Care
More informationHow ACA is Changing Employer Health Benefits and the Marketplace Presented by:
North Carolina State Health Plan How ACA is Changing Employer Health Benefits and the Marketplace Presented by: J. Richard Johnson Senior Vice President, Public Sector Health Practice Leader rjohnson@segalco.com
More informationInSight. A Littler Mendelson Report. Health Care Reform: Are You Prepared? A Timeline for Employers to Follow
A Littler Mendelson Report InSight An Analysis of Recent Developments & Trends In This Issue: April 2010 The Patient Protection and Affordable Care Act was signed into law on March 23, 2010. Amendments
More informationAdvisory. The Health Care Reform Bill: How Will Its Tax Provisions Impact You and Your Business? April 2010. Impact on Employers
certified public accountants business consultants Advisory April 2010 The Health Care Reform Bill: How Will Its Tax Provisions Impact You and Your Business? The recently passed Patient Protection and Affordable
More informationHealth Care Reform: General Q&A for Employees
From Baugher Financial & Associates, Inc. Health Care Reform: General Q&A for Employees Common questions answered I ve heard a lot about the health care reform law. When do the reforms become effective?
More informationHealth 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 informationABC Company 123 Main Street Anywhere, USA 12345 www.sampleabccompany.com 800.123.4567
WHAT HEALTH CARE REFORM MEANS FOR YOUR BUSINESS Your promotional imprint here and/or back cover. ABC Company 123 Main Street Anywhere, USA 12345 www.sampleabccompany.com 800.123.4567 The Patient Protection
More informationHealth Care Reform and Your Business
Health Care Reform and Your Business Timelines and Implications of the Law for Business Owners Updated as of December 2013 Health Care Reform and Your Business The Patient Protection and Affordable Care
More informationCounties as Employers Health Reform Toolkit: Making Sense of Complex Issues
NATIONAL ASSOCIATION OF COUNTIES Counties as Employers Health Reform Toolkit: Making Sense of Complex Issues 25 MASSACHUSETTS AVENUE, NW SUITE 500 WASHINGTON, DC 20001 CONTACT Emmanuelle St. Jean, MPH
More informationHEALTH CARE REFORM INFORMATION FOR BUSINESSES March 2013
PARTNERS: Dennis V. King, CPA Charles R. Alleman, Jr., CPA Robert N. Jensen, Jr., CPA Thomas E. Engman, CPA SENIOR PARTNER: David F. King, CPA 27200 Tourney Road, Suite 475 Valencia, California 91355 tel
More informationHealth Care Reform: Health Plans Overview. Presented by: Brian Lenzo, Preferred Benefits Services
Health Care Reform: Health Plans Overview Presented by: Brian Lenzo, Preferred Benefits Services Agenda What is the legal status of the law? Which plans must comply? Grandfathered plans Reforms currently
More informationHealth Care Reform and You
Health Care Reform and You Timelines and Implications of the Law for Individuals Updated as of February 2016 Health Care Reform and You The Patient Protection and Affordable Care Act and the Health Care
More informationBankers Insurance, LLC Your Health Care Reform Partner
Bankers Insurance, LLC Your Health Care Reform Partner Are you in compliance with health care reform regulations? We can help you stay on top of health care reform to avoid penalties from legislative briefs
More informationUnderstanding Self-Funded Concepts In Light of Health Care Reform
Understanding Self-Funded Concepts In Light of Health Care Reform Benefit Advisors Network August 21, 2013 Stacy H. Barrow sbarrow@proskauer.com Agenda Overview Differences between self-funded and fully
More informationHealth Reform and Health Accounts
Health Reform and Health Accounts April 2011 Summary of Legislation Key elements of the health reform laws, the Patient Protection and Affordable Care Act (PPACA) and the Health Care and Education Reconciliation
More informationHealth care reform is once again
Marjorie M. Glover and Rachel M. Kurth Employee Benefit Plan Review Reprinted from April 2010 Health Care Reform: How It May Impact Employers, Employees, and Benefit Plans Health care reform is once again
More informationAffordable Care Act Resource Guide
Affordable Care Act Resource Guide for Businesses with fewer than 50 employees Effective October 29, 2015 Form No. 3-1018 (11-15) The information in this document is a general overview of the rules, regulations
More informationTHE AFFORDABLE CARE ACT IN ACTION
THE AFFORDABLE CARE ACT IN ACTION How Health Insurance Reform Could Affect You The Impact of the Individual Mandate Health Insurance Marketplace Exchanges Provisions Affecting Individuals and Businesses
More informationNavigating the New Health Insurance Environment
Navigating the New Health Insurance Environment The Affordable Care Act and Professional Employer Organizations (PEOs) This white paper is an overview of eight building blocks of an effective small-business
More informationSBAM Guide. To the New Health Care Reform Law. for Michigan s Small Business Community
SBAM Guide To the New Health Care Reform Law for Michigan s Small Business Community Table of Contents Timeline...2 The Individual and Employer Mandates...4 Health Insurance Exchanges, CO-Ops and Actuarial
More informationPATIENT 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 informationWhat an employer should know about Health Care Reform
What an employer should know about Health Presented By David L. Fear, Sr. RHU NAHU Education Foundation Sponsored by PPACA - history Signed into law in March, 2010 2,700 page rough draft became the law
More informationHealth Care Reform and You
Health Care Reform and You Timelines and Implications of the Law for Individuals Updated as of January 2015 Health Care Reform and You The Patient Protection and Affordable Care Act and the Health Care
More informationHealth Care Reform Frequently Asked Questions
Health Care Reform Frequently Asked Questions On March 23, 2010, President Obama signed federal health care reform into law, also known as the Patient Protection and Affordability Act. A second, or reconciliation
More informationFast Forward. 2015 Employer Mandate: Pay or Play?
Fast Forward 2015 Employer Mandate: Pay or Play? Employer Mandate Beginning Jan. 1, 2015, the Affordable Care Act (ACA) will impose an employer mandate that states that grandfathered and non-grandfathered
More informationWHAT HEALTH CARE REFORM
WHAT HEALTH CARE REFORM MEANS FOR YOUR BUSINESS Celebrating A Tradition our of Excellence 85th Year of Since Excellence 1924 2322 Tremont Drive Baton Rouge, LA 70809 225.928.4770 www.htbcpa.com 178 Del
More informationElecting Pre-tax Dollars To Pay For Your Health Care Expenses
Electing Pre-tax Dollars To Pay For Your Health Care Expenses FSA LPF HSA Your Benefit Options Based On Your Health Insurance Plan BENEFIT OPTIONS You Have Elected a Traditional Health Plan... Low or no
More information2013 Retiree FAQs Health Savings PPO Medical Plan Option for Pre-Medicare Retirees
2013 Retiree FAQs Health Savings PPO Medical Plan Option for Pre-Medicare Retirees Which retirees are eligible for the Health Savings PPO medical plan option? Pre-Medicare retirees are eligible to enroll
More informationHEALTH CARE REFORM FREQUENTLY ASKED QUESTIONS
HEALTH CARE REFORM FREQUENTLY ASKED QUESTIONS Consumers When will the health care reform law take effect? The health insurance reforms adopted as part of the Patient Protection and Affordable Care Act
More informationBasics of Health Care Reform. What You Should Know
Basics of Health Care Reform What You Should Know The Affordable Care Act (ACA) has resulted in major across the U.S. health care system. This brochure provides an overview and timeline of the that have
More informationAffordable Care Act Toolkit
Affordable Care Act Toolkit for Businesses with less than 50 employees Choose coverage that fits. Form No. 3-1018 (07-14) Small Groups The Affordable Care Act Blue Cross of Idaho prepared this toolkit
More informationNavigating the New Health Insurance Environment THE AFFORDABLE CARE ACT AND PROFESSIONAL EMPLOYER ORGANIZATIONS (PEOS)
Navigating the New Health Insurance Environment THE AFFORDABLE CARE ACT AND PROFESSIONAL EMPLOYER ORGANIZATIONS (PEOS) EXECUTIVE SUMMARY The recent health care overhaul affects how businesses administer
More informationHEALTH CARE REFORM FOR BUSINESSES
HEALTH CARE REFORM FOR BUSINESSES Grandfathered Health Plans. We will start with information on health plans that were in existence on March 23, 2010 (i.e., the enactment date of the Affordable Care Act).
More informationSandy Wood, CEBS (Certified Employee Benefit Specialist) Healthcare Consultant sandy@thebenefitsacademy.com 206-669-3345
1 Sandy Wood, CEBS (Certified Employee Benefit Specialist) Healthcare Consultant sandy@thebenefitsacademy.com 206-669-3345 2 Terms you need to know Required Notices 2014 Plan Requirements The Grandfathered
More informationHealth Savings Accounts
Raymond James & Associates, Inc. Anne Bedinger, WMS Vice President, Investments 2255 Glades Road, Suite 120-A Boca Raton, FL 33431 561-981-3661 800-327-1055 Anne.Bedinger@RaymondJames.com www.annebedinger.com
More informationSmall businesses and the Affordable Care Act
Affordable Care Act Small Business Guide NATIONWIDE RETIREMENT INSTITUTE SM Small businesses and the Affordable Care Act Health insurance reform and insights into employer-sponsored benefits 84% of small
More informationHealth Care Reform and Your Business
Health Care Reform and Your Business Timelines and Implications of the Law for Business Owners Updated as of January 2015 Health Care Reform and Your Business The Patient Protection and Affordable Care
More informationSummary of Provisions Affecting Employer-Sponsored Insurance
JULY 2014 AFFORDABLE CARE ACT Summary of Provisions Affecting Employer-Sponsored Insurance Much of the public discussion about the Affordable Care Act (ACA) has focused on the expansion of coverage to
More informationINDIVIDUAL RESPONSIBILITY
Health Care Reform (HCR), Affordable Care Act (ACA), Mandates, Regulations, Health Insurance Marketplace, Health Insurance Exchanges, Penalties What does all this mean to you in 2014? There are many health
More information