Entries for June 2015

The Affordable Care Act requires that all fully-insured employers with fewer than 50 employees, which provide group health insurance, provide plans that are subject to community rating by 2014, and that all employers with fewer than 100 employees, which provide group health insurance, provide community rated plans by their 2016 renewal. Community rated plans do not consider traditional risk factors such as employee gender, health status and occupation in determining prem... Read more
When originally conceived, it was thought that the Cadillac Tax would only apply to a small percentage of health plans and that most employers would be able to make choices that would allow them to avoid the tax. However, five years later, it is clear that this will not be the case. Read more
New HSA limits were released by IRS for 2016. Contribution Limits:           Single - $3,350   Family - $6,750  (Catchup contributions +$1,000) Deductible Minimums:       Single - $1,300   Family - $2,600 Maximum Out-of-Pockets: Single - $6,550   Family - $13,100 Read more
For all non-grandfathered health plans beginning in 2016, the maximum annual out-of-pocket limit is $6,850 for self-only coverage and $13,700 for other than self-only coverage. HHS and DOL recently clarified that the self-only maximum annual out-of-pocket limits apply to each individual, regardless of whether the individual is enrolled in self-only coverage or in coverage other than self-only. This change is expected to impact aggregate high deductible health plans fo... Read more
Today the Supreme Court announced that same-sex couples have a national right to marry.  This historic 5-4 decision by the court removes the marriage restrictions that states like Kentucky and Ohio have had.  With this ruling employers will need to review their policies and practices and consider applicable state and federal laws.   Kentucky and Ohio Employers may need to make administrative changes to cover same-sex spouses on their benefit plans and avo... Read more
Page 1 of 2First   Previous   [1]  2  Next   Last