On April 1st, 2014, the “Protecting Access to Medicare Act of 2014” was signed into law by President Obama. While the main provisions of the Act focus on pay rates and the ICD-10 Code conversion, there is another part that may impact your business. Specifically, the Act eliminates the Affordable Care Act’s (ACA) annual deductible limit that applied [...]Continue Reading →
Posts Tagged 'health plans'
Over the past few years, we have helped an increasing number of clients to add Health Savings Accounts (HSAs) to their employee benefits program. And according to a recent report, that is a trend that is being seen across the country. The data, which was released by America’s Health Insurance Plans (AHIP), contained a number [...]Continue Reading →
Under the Affordable Care Act (ACA), certain health plans must comply with cost-sharing limits with respect to their coverage of essential health benefits. These limits include an overall annual limit (or an out-of-pocket maximum) and an annual deductible limit. Recently, the Department of Health and Human Services (HHS) released a final rule that clarifies which plans [...]Continue Reading →