Starting on January 1st, 2014, large employers will face a “pay or play” penalty if they do not offer minimum essential coverage to full-time employees and their dependents. This penalty, of course, is part of the employer shared responsibility requirements within the Affordable Care Act (ACA). We recently helped a client answer the following question regarding […]Continue Reading →
Posts Tagged 'regulations'
Earlier this month, the Department of Labor (DOL) released a set of final regulations for the Family and Medical Leave Act (FMLA). While these changes do mean that your company will have to replace its FMLA poster in the office, they also may have additional impact on your business. Today, we’re going to highlight one area of […]Continue Reading →
As implementation of health care reform moves forward, companies must take steps to determine if they’ll be subject to the “pay or play” penalties (also known as the “employer shared responsibility payment“). The IRS has recently published proposed rules that provide guidance on how the Affordable Care Act (ACA) defines “dependents”. This is critical to understand, because […]Continue Reading →
As implementation of the Affordable Care Act (ACA) moves forward, guidance is being provided on how Workplace Wellness Programs will be impacted. Two of the major changes that the ACA is bringing in this regard are: Codifying the HIPAA requirements for health-contingent wellness programs Increasing the maximum reward that can be offered to participants Here […]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 →
After months and months (and months!) of seeing election-related advertisements, I must say that it’s nice to have a bit of a break right now from them. However, now that the Presidential election has passed, we must take a look at a very important subject — Health Care Reform. At CBG Benefits, we are always […]Continue Reading →