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 [...]
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: [...]
The CBO looks again at the health reform law A new report from the nonpartisan Congressional Budget Office (CBO) sheds further light on the expected cost of the health care reform law. Its new analysis is in response to last month's Supreme Court ruling, which said states can opt out of the part of the [...]
I continue to read carrier reactions to the recent decision allowing PPACA to move forward. Carrier financial projections are cautious with comments about negative earnings and changes to benefit plans in response. The recent requirement to distribute the Minimum Loss Ratio rebates has quickly resulted (although I suspect they were ready) in new "standard" small business plan [...]
The question is less about health *care* than health insurance. There is little an employer can do to manage the costs of health delivered by doctors and hospitals outside their control. What we are more likely looking at is what can an employer can do to control the costs the employee incurs related to the [...]
