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 [...]
With the implementation of the individual exchanges behind them, this administration continues to implement the steps needed to move our country to a National Healthcare [Single Payor] plan, which is after all their objective. JUST RELEASED! Feds flesh out big new PPACA program Obama administration officials are starting to create the framework for what could [...]
I completed training for a carrier's new "Defined Contribution" plan and in the training they specifically identified that the "Contribution" cannot be used for purchasing a IM policy, only for their Limited Medical or Supplemental policies. If you doubt this check with a Benefits Attorney. Our National Association recently presented a seminar using a well [...]
Caution with MEC Plans Lisa Williams, an insurance and education specialist based in Flower Mound, Texas, recently shared a very good article on the pitfalls of employers using MEC plans to meet ACA requirements. If you are an employer, this is very important reading.
Please click here for my latest Newsletter: Aden April 2014 Last evening the US Administration made another "adjustment" in the ACA. · (Bloomberg) – Americans will get more time to enroll in Obamacare insurance plans if they started the process but were unable to complete it before theMarch 31 deadline. · “If consumers are in line on the [...]