Health in a Handbasket What Employers Need to Know Now
|
|
- Godfrey Warner
- 8 years ago
- Views:
Transcription
1 Health in a Handbasket What Employers Need to Know Now
2 Presented by Steven J. Friedman Littler, New York
3 Agenda Full Speed Ahead: Again? Pay-or-Play: What is the optimal strategy for you? Do you have a Cadillac plan? DOL audits: Are you prepared?
4 An Update: Full Speed Ahead (Again), But...?
5 The Affordable Care Act Patient Protection and Affordable Care Act - signed by President Obama on March 23, 2010, amended by the Health Care and Education Reconciliation Act of 2010
6 The Supreme Court Rules On June 28, 2012, the Supreme Court upheld the ACA virtually in its entirety Some employers may have suspended or postponed compliance decisions awaiting the Court s ruling NOW: Employers and plan sponsors must review and accelerate their compliance efforts and make difficult decisions they may have been putting off in anticipation of the ruling
7 Affordable Care Act Implementation Timeline * * * 2018 Small Business Tax Credits Funding for Small Business Wellness Programs Summaries of Benefits and Coverages FSA Limits Play or Pay Cadillac Tax Adult Dependent Coverage Medical Loss Ratio Rebates Medicare Tax Increase Automatic Enrollment No Lifetime Limits No Part D Deduction 90-Day Max Waiting Period Restrictions on Annual Limits PCORI Fee Individual Mandate No Rescissions Except Fraud Insurance Exchanges No Pre-Existing Conditions for Children Individual Subsidies No OTC Reimbursement from FSA, HSA Community Rating External Review Procedures Guaranteed Issue Full Coverage of Preventive Benefits No Annual Limits Enhanced Wellness incentive/penalty Nondiscrimination in Insured Plans Out-of-Pocket Limits
8 2014: Will you Play-or-Pay?
9 The ACA s Requirements: 2014 Health insurance exchanges go live Virtual marketplaces for eligible individuals and small employers to purchase insurance Individual mandate Tax on most individuals for not obtaining health insurance Individuals with household income up to 400% of federal poverty level may be eligible for federal subsidy Employer Mandate/Play-or-Pay
10 2014: Play-or-Pay Beginning in 2014 Large employers (50 or more full-time equivalent employees) that do not provide affordable and minimum value health coverage to full-time employees pay a penalty, if Any full-time employee receives federal premium assistance
11 Employer Mandate Requirements and Penalties PENALTY = No Health Care Coverage Offered Health Care Coverage Offered That is Not Affordable or Does Not Provide Minimum Value PENALTY = $2,000 * (Total Number of Full-Time Employees 30 Full Time Employees) *Penalty imposed if large employer does not offer full-time employees (and their dependents) an opportunity to enroll in minimum essential coverage and at least one of employer s full-time employees received federal assistance to purchase insurance via an Exchange. The lesser of: (a) $3,000 for each full-time employee receiving federal assistance to purchase health insurance through an Exchange or (b) $2,000 * (Total Number of Full-Time Employees 30 Full-Time Employees) *Penalty imposed if the coverage offered is either (i) unaffordable because the employee s required contribution is more than 9.5% of their W-2 wages; or (ii) the actuarial value of the employer s plan is less than 60%, meaning that the plan pays for less than 60% of the covered health care expenses.
12 The ACA s Other Penalties Any other failure to comply can result in excise tax $100/day with respect to each individual to whom such failure relates Maximum for unintentional failure is the lesser of: 10% of the total spend of the group health plan for preceding year; or $500,000
13 Pay-or-Play: It s Not A Simple Question Will you terminate your health care plan? If not, Who will be eligible for health benefits? Will you change the composition of your workforce? Will you use more part-time employees? ERISA Section 510 Liability? Will you change your benefit plan structure? Will you self-fund? Will you shift cost to employees? Will your plan be affordable and provide minimum value?
14 Play-or-Pay: It s Not a Simple Question Will you terminate your health care plan? If so, Will you increase wages so employees can purchase health insurance on an Exchange? How much will an Exchange plan cost? Will you provide a Defined Contribution instead?
15 Play-or-Pay: Weighing Your Options Play: Maintain current plan if affordable and minimum value and offered to all FTs (and dependents) NO PENALTY Play: Offer to all FTs affordable (9.5%) coverage at maximum allowable cost to employee that provides minimum value plan, but shift cost to employees through higher deductibles/co-pays NO PENALTY May encourage some workers to go to Exchange Will cost sharing limits apply?
16 Play-or-Pay: Weighing Your Options Pay AND Play: Offer coverage to only some FTs PAY $2,000 x all FTs minus 30 Does plan discriminate in favor of highlycompensated employees? Pay AND Play: Offer coverage to all FTs, but premiums unaffordable to some employees who are eligible for federal subsidy or does not provide minimum value PAY $3,000 x FTs who qualify for federal subsidy
17 Play-or-Pay: Weighing Your Options Pay: Terminate plan PAY $2,000 for all FTs minus 30 Excise tax is not deductible Impact on employee relations and ability to attract and retain talent Will absenteeism increase/productivity decrease if employee does not purchase other coverage Pay: Terminate plan and increase taxable wages PAY $2,000 x all FTs who qualify for federal subsidy May be more expensive than status quo
18 What Will Happen? Most companies that offer coverage are not expected to change existing approach in 2014 Towers Watson Survey: 88% of employers surveyed say they plan to offer health care benefits to their active employees for the foreseeable future Analysis in will depend on Importance to workforce Impact of nondiscrimination rules Penalty versus cost of providing coverage Future regulations
19 How to Apply Rules to Employees Not Expected to Work FT IRS released safe harbor for determining fulltime status of variable hour and seasonal employees Variable hour means it cannot be determined that the employee is reasonably expected to work on average at least 30 hours per week Seasonal is determined (for now) on good faith basis
20 New Employees Initial measurement period of three to twelve months from hire date Stability period of at least six months but not shorter than measurement period Administrative period (between measurement and stability periods) permitted, but overall time from hire to offer of coverage limited to 13 months and fraction
21 Ongoing Employees Standard measurement and stability periods (e.g., measurement period of Oct. 15, 2012 to Oct. 14, 2013 and stability period of calendar year) Ongoing and new employees must have same length stability periods (e.g., one year) Different categories of employees can have different periods (CBA/non-CBA; salaried/hourly; employees of different companies or in different States
22 Open Questions Still need regulatory guidance on play-or-pay: Minimum-value Affordability Minimum essential coverage Interplay with Nondiscrimination Rules Health care costs? How will the cost of an Exchange plan compare to employer-sponsored plan? Remember 2018 Cadillac Tax
23 Coverage and Benefits Nondiscrimination Currently applies to self-insured plans only; ACA extends to insured plans Insured rules delayed until at least 2014 Will change (but not eliminate) ability to offer differing coverage, or charge different premiums, to certain categories of workers
24 After 2014: What s Coming?
25 The ACA s Requirements: For 2014 and 2015, states can decide whether to include businesses with 100 or fewer or 50 or fewer employees in their exchange Individual mandate in full effect with penalty increase $325 or 2% of household income over filing limit 2016 Employers with 100 or fewer employees must be able to participate in the exchanges Individual mandate penalty increase $695 or 2% of household income over filing threshold 2017 Employers with over 100 employees may participate in the exchanges if permitted by the states % excise ( Cadillac ) tax on employer-sponsored health benefits over a certain threshold
26 Controlling Health Care Costs Towers Watson survey projects a per employee health care cost of $11,507 in 2013, an increase of 5.3% from 2012 (compared to an expected 5.9% increase this year) Many employers looking at ways to control costs Wellness programs: ACA increases incentives for wellness programs (from 20% to 30% of premiums with possibility of up to 50%) Cost-shifting to employees Changing plan options
27 Wellness Programs If reward or penalty conditioned on health status factor 2014: Amount up to 30% (with possibility of increase up to 50%) of cost of coverage Reasonably designed; at least annual opportunity to comply; reasonable alternative Aggressive programs must pass muster under ADA, HIPAA and GINA
28 Are You Prepared?
29 Wrap Plan Wrap Plan Can Aid Welfare Plan Compliance and Create Efficiencies Put all necessary language in one omnibus document Eliminates need to amend each and every plan document which is subject to ACA Standardize language relating to plan eligibility, service counting, coverage during leaves, etc. File one Form 5500
30 DOL Plan Audits DOL Plan Audit Program is Underway On account of history of no audits, health and welfare plan compliance is often lacking Auditors looking at historic areas of noncompliance in plan documentation Review also encompasses ACA-required provisions
31 Employment-Related Documents Health care-related provisions in employmentrelated documents If coverage is provided under health plan postemployment, this must be provided for in plan documents/insurance documents Otherwise risk that insurer can disclaim coverage Nondiscrimination requirements under insured and self-insured plans Absence of fail-safe language could create significant employer liabilities
32 Questions & Answers
33 THANK YOU
The 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 informationThe Affordable Care Act: Running the ACA Reporting Maze
The Affordable Care Act: Running the ACA Reporting Maze National Association of State Comptrollers March 12, 2015 Prepared by: Russell Chapman Special Counsel Littler Mendelson, P.C. Dallas Office 214.880.8177
More informationHealth Care Reform: Ready or Not, Here it Comes! Presented by:
Broader Perspective. Business Solutions. Health Care Reform: Ready or Not, Here it Comes! Presented by: Ryan Fridborg, MAOD, SPHR Executive Vice President, Employee Benefits rfridborg@boltonco.com Marilyn
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 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 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 informationHow To Calculate A Health Care Reform Employer Number
Health Care Reform Key Points Contact Us 855.220.8634 HealthCareReform@eidebailly.com Individual Implications Individual mandate to have health insurance Penalties applies if NO health insurance 2014 -
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 informationEffective dates for provisions of the PPACA are spread out from 2010 through 2018. This document focuses on 2013 and 2014.
As part of our ongoing initiative to provide added value to our customers, this health care reform summary is being provided on an information only basis. This is NOT a legal document and is not intended
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 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. 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 informationEmployee Benefits Compliance
Employee Benefits Compliance Pay or Play Delay, Does it Apply and Strategies to Comply Wells Fargo Insurance 2014 Issues and beyond. U.S. citizens and legal residents are required to have "minimum essential
More informationHealth care reform for large businesses
FOR PRODUCERS AND EMPLOYERS Health care reform for large businesses A guide to what you need to know now DECEMBER 2013 CONTENTS 2 Introduction Since 2010 when the Affordable Care Act (ACA) was signed into
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 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 Reform Updates: Planning for 2013/2014 Compliance Discussion with Colorado AHU June 4, 2013
Health Reform Updates: Planning for 2013/2014 Compliance Discussion with Colorado AHU June 4, 2013 Shelly Winson for Benefits Compliance Link Team Karli Dunkelberger VP Business Development 949-702-3412
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 informationThe Affordable Care Act: What You Need to Know for 2015 And Beyond. Presented by: Jennifer Zando Director, Account Management, POMCO Group
The Affordable Care Act: What You Need to Know for 2015 And Beyond Presented by: Jennifer Zando Director, Account Management, POMCO Group 2 Agenda The ACA: Where We ve Been Health Plan Identifiers Transitional
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 informationPotential Penalties for Employers under the Pay or Play Rules
The Affordable Care Act (ACA) brings many changes to employers and health plans. One such change essentially amounts to a requirement for some employers to offer a certain level health care to their employees
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 informationPatient Protection and Affordable Care Act Compliance Checklist for Employers
October, 2014 Patient Protection and Affordable Care Act Compliance Checklist for Employers Under the Employer Mandate in the Affordable Care Act, effective January 1, 2015, employers with 50 or more full-time
More informationHEALTH CARE REFORM: FREQUENTLY ASKED QUESTIONS (Group, Individual, Seasonal)
Group Health Insurance Q & A HEALTH CARE REFORM: FREQUENTLY ASKED QUESTIONS (Group, Individual, Seasonal) 1. Will small employers continue to have 12 month rates as they exist today? a. Yes. Employer groups
More informationHealth Care Reform (HCR)
Health Care Reform Effects on the Wood County Employee Health Benefits Plan For Plan Year 2013 Employee Health Benefits Committee October 18, 2012 1 Health Care Reform (HCR) Affordable Care Act (ACA) The
More informationHEALTH CARE REFORM CHECKLIST
HEALTH CARE REFORM CHECKLIST As a small employer, you need to be aware of the new regulations tied to the Affordable Care Act. Refer to this checklist to ensure you understand each one and that you re
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 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 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 informationHealth Care Reform - 2016/2017 Strategic Analysis
Health Care Reform - 2016/2017 Strategic Analysis Employers sponsoring health can expect to see no slow-down in Affordable Care Act (ACA) rules, clarifications, and requirements. Understanding these changes,
More informationHealth Care Reform 101 for June 3, 2013
Commercial & Personal Insurance Employee Benefits Retirement Plan Services Wealth Management Health Care Reform 101 for June 3, 2013 Requirements: Pre-HCR vs. Post-HCR Offering/Maintaining Health Insurance
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 informationThe Patient Protection and Affordable Care Act ( ACA ) and Your Facility
The Patient Protection and Affordable Care Act ( ACA ) and Your Facility By Christine Garrity: Chief Administrative Officer & General Counsel for The Professional Golfers' Association of America President
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 informationWells Insurance. 2015 ACA Compliance Update
Wells Insurance 2015 ACA Compliance Update Wells Insurance Today s Agenda Cost-Saving Strategies Deadlines & Implications for you Plan Design Changes Reinsurance Fees Employer Penalty Rules Reporting of
More informationCLICK HERE TO ADD TITLE
CLICK HERE TO ADD TITLE HEALTH CARE REFORM & ITS EFFECTS ON YOUR BUSINESS Presented by Jenny Arthur, SPHR AGENDA Background/History The Past: Previously Implemented HCR Provisions The Present: Current/Pending
More informationPREPARE FOR AFFORDABLE CARE ACT NOW & AVOID PENALTIES!
PREPARE FOR AFFORDABLE CARE ACT NOW & AVOID PENALTIES! Ken Laks, Tax Specialist Eric Dielmann, Employee Benefit Specialist PRESENTED BY WHY WORRY? Employer Mandate has Been Postponed until 2015! Guaranteed
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 informationPrescribed Side Effects of the Patient Protection and Affordable Care Act (PPACA): Healthcare Reform Update
August 14, 2013 Presented by: Jay Hutto, CPA Prescribed Side Effects of the Patient Protection and Affordable Care Act (PPACA): Healthcare Reform Update Click HERE to listen to webinar. August 14, 2013
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 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 Care Reform Update. Spring 2014
Health Care Reform Update Spring 2014 Quincy Quinlan Texas Association of Counties 512 478 8753 quincyq@county.org http://www.county.org Today s Agenda Timeline Fees/Taxes Individual Mandate Marketplace
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 Care Reform: 2015 Refresher of the Affordable Care Act (ACA)
Health Care Reform: 2015 Refresher of the Affordable Care Act (ACA) Brought to you by Aon Presented by: Ryan Comstock & Shawna Brown This information is provided for informational purposes only and is
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 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 informationThe Patient Protection and Affordable Care Act What Employers need to know
The Patient Protection and Affordable Care Act What Employers need to know Presented by: Misty Baker mbake@iiat.org 800-880-7428 This update is based on the known provisions of the PPACA. This is not to
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 informationEmployment & Employee Benefits Developments
Employment & Employee Benefits Developments January 2015 New Health Care Compliance Considerations for Employers in 2015 Over the past year, the U.S. Departments of Labor (the DOL ), Treasury and Health
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 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 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 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 informationHealth Care Reform: Practical Implications for Employers 2014 and Beyond
Health Care Reform: Practical Implications for Employers 2014 and Beyond Sarah Downie and Pat Anglin Orrick, Herrington & Sutcliffe LLP September 18, 2012 Employer Responses to Health Care Reform The Supreme
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 informationACA imposes a 40 percent excise tax on the cost of coverage exceeding $10,200 for single coverage and $27,500 for family coverage.
Affordable Care Act In Focus: Provisions Impacting Employer-Sponsored Health Coverage Through 2020 While many employers are wondering if self-funding is the right solution for their business, a number
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 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 informationThings Small Businesses Need To Know About Health Care Reform
7 Things Small Businesses Need To Know About Health Care Reform Make sure your business meets the requirements of the Affordable Care Act on schedule 7 Things Small Businesses Need To Know About Health
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 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 informationHelbling Benefits Consulting Your Health Care Reform Partner
Helbling Benefits Consulting Your Health Care Reform Partner Will you be hit with penalties due to health care reform? Once the employer mandate becomes effective, some employers may have to pay a penalty
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 informationThe Affordable Care Act: What Public Employers Need to be Doing Now
The Affordable Care Act: What Public Employers Need to be Doing Now April 30, 2014 J. Richard Johnson IPMA-HR Webinar Copyright 2014 by The Segal Group, Inc. All rights reserved. 1 ACA Update Discussion
More informationHealth care reform: Past, present and future. Manufacturer & Business Association September 25, 2013
Health care reform: Past, present and future Manufacturer & Business Association September 25, 2013 Agenda Health Care Reform - The Past - The Present - Coverage - Exchanges - The Future Questions 1 The
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 informationWhat s News in Tax Analysis That Matters from Washington National Tax
What s News in Tax Analysis That Matters from Washington National Tax The Impact of the Affordable Care Act on International Assignees and Their Health Care Plans Employers and individuals in the United
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 informationA Digital Benefit Advisors Health Care Reform Handbook for Employers
A Digital Benefit Advisors 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
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 informationEmployer-Shared Responsibility
Affordable Care Act Planning to Deal with the Pay-or-Play Penalties Effective January 1, 2015 Anne Hydorn Hanson Bridgett LLP Telephone: (415) 995-5893 Email: ahydorn@hansonbridgett.com Judy Boyette Hanson
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 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 informationEmployer s Guide To Health Care Reform
Employer s Guide To Health Care Reform A nonprofit independent licensee of the Blue Cross Blue Shield Association National strength. Local focus. Individual care. SM As part of our commitment to being
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 informationParker, Smith & Feek - ACA Update: 2014 November 2013
Affordable Care Act (ACA) Background Core of law is an attempt to reduce # of uninsured Multiple approaches to expanding insurance coverage Requires most in US to have health insurance Creates state-based
More informationEducational Presentation: Affordable Care Act. City of Boston PEC Meeting April 8, 2014
Educational Presentation: Affordable Care Act City of Boston PEC Meeting April 8, 2014 Discussion Topics Affordable Care Act Plan Design Implications ACA Wellness Guidelines Assuring Administrative Compliance
More informationNavigating the Employer Mandate
Navigating the Employer Mandate The Employer Mandate is the Health Care Reform provision that requires all employers with 50 or more full time equivalent employees to offer a certain level of health insurance
More informationPENALTIES Employer Shared Responsibility under the Affordable Care Act (ACA)
PENALTIES Employer Shared Responsibility under the Affordable Care Act (ACA) What employers need to know to make informed decisions about ACA compliance. Employer Shared Responsibility Under the employer
More informationThe Affordable Care Act: What s next for employers?
The Affordable Care Act: What s next for employers? Prepared by: Jill Harris, Director, Washington National Tax, McGladrey LLP 507.226.0482, jill.harris@mcgladrey.com Bill O Malley, Director, Washington
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 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 informationWhat 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 informationLegislative Brief: 2015 COMPLIANCE CHECKLIST. Laurus Strategies
Laurus Strategies Legislative Brief: 2015 COMPLIANCE CHECKLIST The Affordable Care Act (ACA) has made a number of significant changes to group health plans since the law was enacted over four years ago.
More informationHealth Care Reform Where Are We Now? Preparing for 2015
Tuesday, July 1, 2014 2 3 p.m. Central time Health Care Reform Where Are We Now? Preparing for 2015 David Hunt, CHBC Senior Managing Consultant BKD, LLP dhunt@bkd.com Philip Floyd, CFP, CFS Senior Managing
More informationA simple guide to. health care reform. for small business. From a company that believes in making things simple
A simple guide to health care reform for small business From a company that believes in making things simple Document prepared July, 2013 Be prepared. Motto of the Boy Scouts of America After much discussion
More information4/8/2013. Health Care Reform and the. NYS Exchange. Dr. Arthur Vercillo, MD Regional President April 8, 2013. Health Care Reform and the NYS Exchange
Health Care Reform and the NYS Exchange Presentation to the Health Planning Council Advisory Board April 8, 2013, Ithaca NY By Dr. Arthur Vercillo, MD Additional resources on next to last slide. Health
More informationThe Effect of the Affordable Care Act on Your Small Business. Presented to : Greater Kansas City Chamber Business Class
The Effect of the Affordable Care Act on Your Small Business Presented to : Greater Kansas City Chamber Business Class November 6, 2013 KHN Kaiser Health News Current Headlines October 31- November 4,
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 informationPresented by: C&A Financial Advisors, LLC and Christianson & Associates, PLLP
Presented by: C&A Financial Advisors, LLC and Christianson & Associates, PLLP Key provisions of ACA The Exchange Tax and Penalties Plan Requirements Employer Strategies and Considerations How We Can Help
More informationCopyright 2014 American Fidelity Assurance Company
HEALTH CARE REFORM What You Need to Do from Now to 2015 This is only a brief summary that reflects our current understanding of select provisions of the law, often in the absence of regulations. All of
More information2015-2016: What You Need To Know About The Affordable Care Act
2015-2016: What You Need To Know About The Affordable Care Act A nonprofit independent licensee of the Blue Cross Blue Shield Association National strength. Local focus. Individual care. SM We are committed
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 informationAFFORDABLE CARE ACT LARGE EMPLOYER HEALTH REFORM CHECKLIST. Edition: November 2014
AFFORDABLE CARE ACT Employers that offer health care coverage to employees are responsible for complying with many of the provisions of the Affordable Care Act (ACA). Most health reform changes apply regardless
More informationThe Affordable Care Act: Summary of Employer Requirements
The Affordable Care Act: Summary of Employer Requirements February 2013 Disclaimer Any US tax advice contained herein was not intended or written to be used, and cannot be used, for the purpose of avoiding
More informationAmerican Farm Bureau Federation
American Farm Bureau Federation Overview of Health Care Reform and its Impact on Agricultural Employers 1 (as of October 2012) This is an overview of the employer mandate contained in the Patient Protection
More informationEmployer Shared Responsibility (ESR) Questions and Answers.
Employer Shared Responsibility (ESR) Questions and s. Recent ESR Questions asked by members of the accounting community, answered by senior members of Paychex Compliance Department. Question 1. When using
More information