The Affordable Care Act requires non-grandfathered group health plans to cover certain mandated preventive care services at no cost. On July 14, 2015, the Departments of Labor, the Treasury and Health & Human Services (the “Departments”) issued final regulations. These regulations are effective for plan years beginning on or after October 1, 2015. Background The […]
Read More...Join us for this one hour, HRCI pre-approved webinar* and learn about ACA Medicaid Expansion and the potential impact on employee coverages and employer plans. Most employers are unaware of the benefits available to help lower-wage employees and their families, who might not be able to afford health insurance. Medicaid can provide these employees access […]
Read More...From bswift.com We received a number of thoughtful questions during our July webcast, “Compliance 101: The Risks and Practical Realities of Producing Form 1095,” and we’d like to share our responses to some of them. What effect does smoking status have on affordability standards for the employer? Affordability standards for employers compare the employee’s cost […]
Read More...As the implementation and ramifications continue to roll out in 2015 and beyond, AP Benefit Advisors has released a new Affordable Care Act Guide for Employers to cover a variety of important ACA-related issues. Failing to prepare for ACA policy shifts, failing to understand the significance of regulatory compliance, and failing to anticipate the costs […]
Read More...This year’s Guardian Workplace Benefits Study confirms employees continue to value and rely on the benefits their employer offers. The average Benefits Value Index (BVI) score is 7.1, consistent with last year and up from 6.8 when the Index was established in 2013. Employees believe their benefits positively impact their financial security, and they feel they need help. […]
Read More...The Department of the Treasury and the Internal Revenue Service (IRS) issued a second notice regarding the 40% Excise Tax, which provides additional details on possible approaches for the administration of the Excise Tax (Cadillac Tax). We’ve simplified this into a: Who, What When, Where, Why and How update. Who Pays This Tax The coverage […]
Read More...