large group health Archives - Page 4 of 4 - Employee Benefits I AP Benefit Advisors

Your OOPMax, Your PBM and Your Non-Grandfathered Health Plan

Your first plan year that begins on or after January 1, 2014 will be subject to cost-sharing limitations under PPACA.  All non-grandfathered plans, and by all we mean all self-insured and insured plans in the large-group market, will need to comply with annual out-of-pocket limits, referred to as OOPMaxes (Out-Of-Pocket Maximums).  (See, ER-Timeline, 2014, letter […]

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Employer Must Advertise the New Federal Exchanges – Model Notices Released

Last evening the US Department of Labor (“DOL”) released guidance regarding the notice you must provide to employees about the state exchanges (now being called “marketplaces”).  You may recall from our Healthcare Reform timelines (2013, letter “f”) that employers were scheduled to begin distributing these notices in March of 2013, but the DOL delayed the […]

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IRS Releases 2014 HSA Limits

Breaking news!   The Internal Revenue Service has just released the 2014 cost-of-living-adjusted HSA limits.  The following takes effect for calendar year 2014. Annual contribution limits $50 increase (EE Only): The annual limitation on deductions for an individual with employee-only coverage under a high deductible health plan (HDHP) is $3,300 — up $50 from 2013. $100 […]

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Cohen: PPACA Reveals Costs that Are Already Here

By Allison Bell, lifehealthpro.com Gary Cohen today defended the Patient Protection and Affordable Care Act (PPACA) health insurance access provisions against analyst predictions that PPACA will increase the cost of commercial health insurance. PPACA will change the way the country classifies and thinks about existing health care cost drivers, and it should help control some […]

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Popular Employee Benefits & Healthcare Legislation Blogs

PPACA has been everywhere lately. Few businesses and individuals are left untouched. For better or worse, it represents one of the largest healthcare policy initiatives in our nation’s history. Here are some of the latest blogs on the matter: HHS Delays SHOP Exchange Until 2015 Cohen: PPACA Reveals Costs that Are Already Here Obama Sees Insurers; […]

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Large employers look to on-site health clinics to reduce costs and absenteeism

By Sarah Halzack, The Washington Post On-site health care clinics are increasingly being set up at large companies that are looking for new ways to reduce health care costs and boost employees’ productivity. These facilities are being established by firms across all sectors to offer everything from urgent and primary care to biometric screenings to chronic […]

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Workers Unclear on ‘Safety Net’ Voluntary Benefits Can Provide

From IFAWebNews The majority of workers don’t expect they or their family members to be diagnosed with a serious illness, factors that discourage them from seeking employee benefits to protect them from these possibilities, according to a new survey. The majority (58%) also lack a financial plan for handling an unexpected illness or injury, according […]

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