On February 4th, the Congressional Budget Office (CBO) released a report regarding federal health insurance reform, indicating that the equivalent of about 2 million jobs will be lost by 2017 as a result of the combination of employers cutting hours of workers to...
Updated annually for inflation, the 2014 guidelines will set the income thresholds for subsidy eligibility on government exchanges for 2015. Remember that an employee’s receipt of exchange subsidies could trigger an employer shared responsibility penalty...
On October 31, IRS and Treasury issued new guidance (Notice 2013-71) that modifies the “use it or lose it” rule that applies to health flexible spending arrangements (“FSAs”). Under this guidance, employers can now allow employees to carry over...
With the rollout of mandated changes to health plans beginning in January, many consumers found themselves receiving letters explaining that their coverage would be canceled and need to be replaced with a qualified health plan. For employer sponsored plans, this...
WCPO features an article in their Money section online, where Business Benefits’ Geralyn Isler is quoted sharing a strategy of employers exploring their options before January 1, 2014. Scott Guenther of Adams Stepner Woltermann & Dusing is also...
Perhaps it is time that we lower the volume on the Affordable Care Act debate. The ACA is here. It will significantly impact nearly every American who is not covered under Medicare. Some of us will find our rates much higher; some of us will find that our...
