PPACA

Posts Tagged PPACA

 

In a new online posting, the Department of Labor (DOL) reiterated that employers may not use a health reimbursement arrangement (HRA) or other means to reimburse employees for purchasing nongroup health insurance coverage, including policies available on an Affordable Care Act (ACA) public exchange.

Among the points addressed by the DOL in a set of Frequently Asked Questions posted on Nov. 6, 2014, were the following:

News Updates
November 17, 2014

 

Traditional preferred provider organizations (PPOs) are fast becoming relics of the past, like Model Ts.

News Updates
October 30, 2014

 

Rising costs and regulatory demands could fuel growth of private health exchanges  
 

Private health insurance exchanges could funamentally alter how employers provide health care to their workers, according to a September 2014 report by PricewaterhouseCoopers’ (PwC’s) Health Research Institute, The Rise of Retail Health Coverage.

News Updates
September 23, 2014
 
Before deciding how to comply with the Affordable Care Act’s (ACA) coverage requirements, employers should seriously consider what they want to achieve through their pay and benefits package, advised benefits expert Gary Kushner, SPHR.
 
News Updates
March 25, 2014
The Patient Protection and Affordable Care Act (ACA) was signed into law on March 23, 2010, but many of its most significant provisions became effective on January 1, 2014. The ACA imposes new requirements and related penalties for both individuals and employers regarding health insurance coverage. But how does the ACA affect globally mobile employees, e.g., those on a long-term assignment to the U.S. or abroad, or who frequently cross borders on business travel?
News Updates
March 19, 2014

 

Related proposal addresses employment-based orientation periods 
News Updates
February 24, 2014

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.

News Updates
February 17, 2014

Last updated February 11, 2014

 

Below is the article posted in July 2013, regarding the inital employer mandate delay.

News Updates
February 12, 2014

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.

News Updates
January 17, 2014
 
 
Under the Patient Protection and Affordable Care Act, employer-provided coverage is considered "unaffordable" if it:
  • 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.
If an employer does not provide affordable coverage, the employee can shop for insurance through a public exchange and may qualify for federal tax credits.
 
News Updates
January 3, 2014

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.


(Click on graph to view larger version)

News Updates
October 7, 2013

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.

News Updates
October 2, 2013

As open-enrollment season approaches, HR professionals have a few choices when it comes to relaying information about health care reform to employees, who will be hearing about the new government-run insurance exchanges that open for business in October 2013, complete with (for many) federally subsidized coverage.

News Updates
September 25, 2013

U.S. employers were again surprised by another unexpected suspension of a provision of the Patient Protection and Affordable Care Act (PPACA or ACA) when, on Sept. 11, 2013, the Department of Labor (DOL) announced there will be no penalty imposed on employers that fail to distribute to workers a notice about available coverage under state- and federal-government-run health insurance exchanges (collectively referred to by the government as the "health insurance marketplace"), scheduled to launch in October 2013.

News Updates
September 16, 2013
It’s important for HR to understand, coordinate with payroll on and prepare for a slew of new Patient Protection and Affordable Care Act reporting requirements, according to Sidney Blumling, an attorney at Fisher & Phillips in Irvine, Calif.
News Updates
September 11, 2013

The cost of providing employee health care benefits at the largest U.S. employers is projected to increase 7 percent in 2014, according to survey results released Aug. 28, 2013, by the National Business Group on Health (NBGH), a nonprofit association of more than 265 large U.S. companies.

In response, the biggest corporations are continuing their shift to high-deductible consumer-directed plans and making other benefit design changes.

News Updates
September 10, 2013

A large number of American workers remain unaware of, confused about and unprepared for looming changes to their benefits coverage, according to the 2013 Open Enrollment Survey of 2,001 U.S. consumers, conducted in August 2013 for Aflac, a provider of voluntary insurance benefits.

News Updates
September 10, 2013

On Sept. 5, 2013, the U.S. Department of the Treasury and the Internal Revenue Service issued two proposed rules intended to streamline the information-reporting requirements for certain employers and insurers under the Patient Protection and Affordable Care Act (PPACA or ACA).

News Updates
September 9, 2013

On March 11, 2013, the U.S. Department of Health and Human Services published a final rule that will enable plan sponsors and insurers to calculate their liability under the transitional reinsurance fee provisions of the Patient Protection and Affordable Care Act (PPACA).

News Updates
April 16, 2013

Large U.S. employers—those with at least 1,000 workers—remain committed to providing active employees with health care benefits. But they are taking more aggressive actions to improve health care delivery and manage rising costs, according to a nationwide survey by consultancy Towers Watson and the nonprofit National Business Group on Health (NBGH).

News Updates
March 25, 2013