Starting in 2014, the Affordable Care Act (ACA) will impose “pay or play” requirements on large employers. If an employer does not offer health coverage to full-time employees — or offers coverage that is unaffordable or does not provides minimum value — they may be subject to a penalty. Within the ACA, the penalty is […]Continue Reading →
Posts Tagged 'HCR'
The Health Care Reform law that was enacted in 2010 contains a new reporting requirement for employers. Under the new rule, certain employers will be required to report the total cost of health plan coverage they provide on their employees’ W-2 Forms. Recently, we have received a number of questions from customers regarding this new reporting […]Continue Reading →
As implementation of the Affordable Care Act (ACA) moves forward, questions are being answered regarding how initiatives will be funded. One of those items is the Patient-Centered Outcomes Research Institute (PCORI). While both patients and health care providers will benefit from PCORI’s work, it’s important for employers to note how it will be funded. The Impact on […]Continue Reading →
Is your company prepared for Health Care Reform? To help ensure that you are ready to take action as future Affordable Care Act (ACA) mandates go into effect, we have put together a “2013 Health Care Reform Compliance Checklist“. It covers a number of key items that may impact your business. This includes: Grandfathered Plan […]Continue Reading →
As implementation of the Affordable Care Act (ACA) moves forward, companies are seeking to understand how it will affect their business. Recently, attention has been given to the financial impact from risk-spreading programs within ACA. The transitional reinsurance program is intended to help stabilize premiums for coverage in the individual market from 2014 through 2016. […]Continue Reading →
This is certainly a very busy time of year for many folks that wear the hats of Chief Financial Officers (CFO) and/or Human Resource Directors. While dealing with heavy loads during their daily responsibilities, they may find that it’s difficult to understand how various pieces of legislation may impact their business. To provide some help […]Continue Reading →