Entries for May 2013

The model notice that employers are required to provide to their employees explaining the existence of the public exchange, or marketplace, by October 1, 2013, makes mention of some of the confusing issues likely to arise around the issue of “affordable” health insurance premiums. Employers subject to the “pay or play” mandate in 2014 can avoid a penalty when employees purchase tax subsidized coverage through the government exchange, if that... Read more
All group policies or contracts contain a specified time period for employers to submit enrollment additions, changes, and terminations.  The insurance companies usually will accept new hire enrollments and changes within 30 days.  They also prefer to receive employee terminations within a month, but often will process cancellations up to 60 days after the last day worked. These time frames were established so that insurers could accurately update their claim a... Read more
HR Managers typically find checklists very useful for managing practices and procedures. We have two documents that we think are of particular interest: Read more
The Affordable Care Act establishes an online Health Insurance Marketplace also known as an exchange to be operated by either the federal or state government.  The purpose of the exchange is to provide an organized marketplace to find and compare private health insurance options for individuals and small groups.    ·         Individual and Small Group plans offered through a government or public&... Read more
The Affordable Care Act requires that employers notify their employees about Exchanges. Notices were supposed to go out March 1, 2013, but the Department of Labor delayed the requirement to late summer or fall of 2013.  On May 8, 2013 the Department of Labor announced the new deadline of October 1, 2013 and temporary guidance as well as a model notice for employers who offer a health plan to employees. Most employers1 are required to provide a notice to all employe... Read more
Page 1 of 2First   Previous   [1]  2  Next   Last