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New Rules for Health Insurance for Groups

  (Provided by the Law Firm of Nelson Mullens.) New Reimbursement Opportunity.  The 21st Century Cures Act permits small employers to establish Qualified Small Employer Health Reimbursement Arrangements ("QSEHRAs") to reimburse employees for premiums paid for insurance purchased in the individual market. To qualify as a QSEHRA, your arrangement must satisfy all of the following requirements: Small [...]

By | January 10th, 2017|ACA, Health Insurance, Voluntary Benefits|Comments Off on New Rules for Health Insurance for Groups

Small Employer Health Insurance Reimbursement

A provision of the 21st Century Cures Act re-opens for small employers the opportunity to reimburse medical insurance premiums for employees including premiums in the individual market. Employers are expected to take advantage of this new opportunity that will help them attract and retain talent. The Act, created a new hybrid HRA entity called a [...]

By | January 10th, 2017|ACA, Health Care Reform, The Cost of Health Care|Comments Off on Small Employer Health Insurance Reimbursement

Full ACA Changes coming this year – Part 3 Final Part

To continue the review offered by Michael D. Thomas, LifeHealthPro. Although the Affordable Care Act was passed in 2010, there has been a timeline of implementation — with some components being immediately implemented, while others have been implemented over time in 2012, 2013, 2014 and 2015. Note: Numbers 5 and 7 did not directly affect Employers. No. 4: [...]

By | July 12th, 2016|ACA, benefits, Employee Benefits, Federal Marketplace, The Cost of Health Care|Comments Off on Full ACA Changes coming this year – Part 3 Final Part