Online PPACA enrollment delayed for small firms

WASHINGTON (AP) — Small businesses seeking to buy health insurance under President Barack Obama’s health care law will have to wait a couple of months before they can complete the process online, administration officials said Thursday in the latest delay of the high-stakes rollout. New online health insurance markets created by the law for individuals […]

PPACA trades low premiums for high deductibles

WASHINGTON (AP) — You might be pleased with the low monthly premium for one of the new health insurance plans under President Barack Obama’s overhaul, but the added expense of copayments and deductibles could burn a hole in your wallet. An independent analysis released Wednesday, on the heels of an administration report emphasizing affordable premiums, […]

No Penalty for Failure to Provide Exchange Notice

Many employers are reconsidering whether they will send the Exchange Notice because there are no penalties in connection with a failure or refusal to provide the notice. In a brief Frequently Asked Question document (link provided below) issued on September 11, the Department of Labor formally clarified that an employer covered by the Fair Labor […]

The Perils of Out-of-Pocket Health Costs

By SARAH E. NEEDLEMAN And ANGUS LOTEN CONNECT Small businesses offering health insurance tend to require their employees to cover significantly more out-of-pocket than do big companies—and new limits imposed by the health-care law likely won’t ease the pain. At businesses with fewer than 200 workers, for example, employees pay an average of $1,715 a year out-of-pocket to cover […]

Early renewals help businesses delay PPACA effects

BY JOYCE M. ROSENBERG SEPTEMBER 20, 2013  NEW YORK (AP) — Many small businesses hope to temporarily sidestep Patient Protection and Affordable Care Act (PPACA) by renewing their coverage early. One of those businesses is Huber Capital Management. The asset management firm is renewing its health insurance policy this year, instead of next year. The early […]

Exchanges eye the unbanked

Managers of Covered California may require individual exchange plan issuers to accept cash payments through neighborhood utility offices or other brick-and-mortar offices. The managers discuss payment options in a premium payment report in a packet for an upcoming board meeting. All of the 12 sellers of individual “qualified health plans” (QHPs) will be taking personal checks, cashier’s […]

Bill aims to change meaning of full-time under PPACA

Gina Binole benefitspro Two U.S. senators have introduced a bill to redefine what it means to be a full-time employee under the Patient Protection and Affordable Act. The measure, if enacted, would protect a greater number of employers from fiscal penalties imposed by the law as now written. The legislation, the Forty Hours is Full […]

6 ways to prep for FMLA cases

[column width=”1/1″ last=”true” title=”” title_type=”single” divider=”false” implicit=”true”] By Dan Cook BenefitsPro Research indicates that employees who invoke the Family Medical Leave Act are much more likely to request short-term disability within a year. Rather than just sit with that sound bite, Integrated Benefits Institute advises companies to do something about it. “A worker’s request for […]

What the employer mandate delay means to you

July 3, 2013 On July 2, 2013, the Department of Treasury announced that the employer mandate and its associated penalties have been delayed until 2015. The delay, according to the Department of Treasury, allows employers to prepare for the reporting requirements necessitated by federal health reform. In summary, the announcement states that employers with 50 […]