by Jim Beatrice | August 13, 2013 | Business Benefit News, Employee Benefits, Health Care Reform, Medicare & Individual, Recommended Articles
By now most everyone in the U.S. is aware they must sign up for health coverage that meets new minimum standards according to the Affordable Care Act by January 1, 2014. (Open Enrollment begins on October 1, 2013.) Seniors enrolled in Medicare will keep... by Christopher Spicker | August 13, 2013 | Employee Benefits, Health Care Reform, Recommended Articles
With 2014 rapidly approaching, Business Benefits Insurance Solutions is ready to assist your firm in navigating the significant pricing and medical plan changes resulting from the Affordable Care Act. Many small employers (less than 51 employees) are currently taking... by Jim Beatrice | July 5, 2013 | Employee Benefits
I found this article to be a good summary of the recent Supreme Court decision on DOMA, what employers need to think about, and the potential impact on benefit practices. The article is titled, “DOMA Decision Raises as many Questions as Answers”... by Jim Beatrice | July 2, 2013 | Employee Benefits, Health Care Reform, Recommended Articles
Mark Mazur, Assistant Secretary for Tax Policy at the U.S. Department of Treasury, announced in a blog post this afternoon that the Employer Mandate “Play or Pay” provision of the Affordable Care Act will be delayed one year. There are two...May 29, 2013 | Employee Benefits, Health Care Reform, Recommended Articles
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...May 29, 2013 | Employee Benefits, Insurance Company News
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... by Jim Beatrice | May 28, 2013 | Business Benefit News, Employee Benefits, Health Care Reform, Recommended Articles
HR Managers typically find checklists very useful for managing practices and procedures. We have two documents that we think are of particular interest: 1) Group Health Plan Notices Calendar (based on ERISA) for general reference and includes many links to... by Geralyn Isler | May 19, 2013 | Employee Benefits, Health Care Reform, Medicare & Individual
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... by Geralyn Isler | May 19, 2013 | Employee Benefits, Health Care Reform
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... by Jim Beatrice | May 10, 2013 | Health Care Reform, Medicare & Individual
One of the primary goals of the Affordable Care Act is to significantly reduce the number of uninsured Americans. The ACA includes language expanding eligibility for Medicaid. Funding for Medicaid comes from State and Federal government. In June...