Health Care Reform
Posts Tagged Health Care Reform
In another delay of Patient Protection and Affordable Care Act (PPACA) requirements, the U.S. Health and Human Services Department (HHS) extended for two years a transitional policy that provides insurers the option, if allowed by their states, to renew their policies for current enrollees without adopting all of the 2014 market rule changes.
Plan designs are rewarding cost-savvy choices
Most U.S. employers plan to continue sponsoring health benefits for active employees and retirees but expect to change the way those benefits are managed and delivered in the coming years, according to research from Aon Hewitt.
Employers curious about how the Patient Protection and Affordable Care Act (PPACA) is likely to be enforced might look at how enforcement agencies in Massachusetts went after companies when its employer mandate was in place.
Last updated February 11, 2014
Below is the article posted in July 2013, regarding the inital employer mandate delay.
Premiums for employer-provided health coverage in California have risen 185 percent since 2002—more than five times the state's overall inflation rate—according to a new report by the nonprofit California HealthCare Foundation.
On January 28, President Obama delivered his fifth State of the Union Address from the Capitol. The SHRM Government Affairs team and the Council for Global Immigration hosted a live Twitter chat to engage HR professionals in a conversation about the President's legislative agenda and HR public policy issues in the current Congress.
Companies looking to pare health costs by requiring working spouses to get health insurance through their own employer may find the move has some unexpected consequences, according to a new study by the nonprofit Employee Benefit Research Institute (EBRI).
Confronting the growing burden of health care compliance documents
Just a few days after the federal government delayed online enrollment in federally run Small Business Health Options Program (SHOP) marketplaces, California announced better news for small businesses that want to buy health insurance.
The Patient Protection and Affordable Care Act provisions that took effect Jan. 1, 2014, require health care coverage for individual- and small-group markets on one of four levels—referred to as an essential health benefits package—bronze, silver, gold and platinum.
With all of the attention being paid to the public health insurance exchanges established under the Patient Protection and Affordable Care Act (ACA), it's easy to overlook the growth in private health insurance exchanges that has taken place in recent years.
- Costs more than 9.5 percent of the employee's W-2 wages, or
- Doesn’t cover an average of 60 percent of the employee's medical expenses.
For the third year in a row, chief financial officers (CFOs) in the U.S. cited rising health care costs as their No. 1 concern, according to the Bank of America Merrill Lynch 2014 CFO Outlook survey.
Of the financial executives who participated in the annual survey of middle-market companies, nine out of 10 also said they expect their organization to increase or maintain the size of its workforce in 2014.
Social media is not on the list of top workforce trends for 2014. Mobile applications (apps) for work, however, are. In fact, they’re No. 1.
So said HR software developer PeopleMatter in a webinar it gift-wrapped just in time for the holidays called Naughty or Nice? Top 10 Workforce Trends and Whether They’ll Be Good or Bad for Your Brand in 2014.
Why mobile apps?
On the day before Thanksgiving, the Obama administration quietly announced plans to delay another part of the Affordable Care Act’s (ACA) Small Business Health Options Program, or SHOP, in states with a federally run health insurance marketplace.
U.S. employers expect their health benefit cost per employee to rise by 4.8 percent, on average, in 2014, according to a survey by consultancy Mercer. Cost growth slowed to 4.1 percent in 2012, a 15-year low. The projected increase for 2014, while still relatively low, represents a slight uptick.
Employers struggling with the application of the Patient Protection and Affordable Care Act (ACA) received welcome relief in July 2013 when the Treasury announced a one-year delay on implementation of the "pay or play" mandate. This mandate would have required most employers with the equivalent of at least 50 full-time employees to provide affordable, minimum value health insurance coverage to their full-time employees by Jan. 1, 2014, or pay penalties.
U.S. workers said that to make informed decisions about selecting health care coverage options they need a description of the available benefits, a comparison of how the cost of health insurance may change, and a comparison of coverage among available plans, according to the First Annual Transamerica Center for Health Studies Survey.