One thing rings true when it comes to the Affordable Care Act (ACA): “expect the unexpected.” I know this sounds cliché, but it was my best attempt to describe the experience HR professionals encounter as they attempt to comply with this somewhat murky piece of legislation. Last year on December 28, we were alerted a … Continued
By Danielle Capilla, Chief Compliance Officer at United Benefit Advisors Answer: Under PPACA, coverage is considered affordable if it costs less than 9.5 percent of an employee’s household income. Because employers are often unaware of an employee’s household income, there are three safe harbors that an employer can use to determine affordability. One is the … Continued
By Matthew Augustine, GPHR, REBC, CEO of Hanna Global Solutions, a UBA Partner Firm The above title of a Harvard Business Review (HBR) article1 caught my eye. The author was commenting on a number of recent books that addressed the issue of technologies putting people out of work. The article began with an 1867 quote … Continued
By Jennifer Kupper, In-house Counsel for iaCONSULTING, a UBA Partner Firm Health Insurance Providers Fee Section 9010 of the Patient Protection and Affordable Care Act (PPACA) imposes a fee on each covered entity engaged in the business of providing health insurance for United States health risks. This is known as the Health Insurance Providers (HIP) … Continued
By Bill Olson, Chief Marketing Officer at United Benefit Advisors Employer health savings account (HSA) funding strategies have changed in recent years in response to the Patient Protection and Affordable Care Act (PPACA) and its impact on employer-sponsored health insurance plans. Employers are contributing less, on average, to HSAs and the increase in popularity of … Continued
By K. Michael Ward The Wilson Agency A UBA Partner Firm As a business professional who is trying to classify a worker, it is important to remain compliant with the IRS regulations that determine whether an individual providing services to your organization should be classified as an independent contractor or an employee. Furthermore, the “employer … Continued
Insurers will not be required to meet most of the provisions of PPACA if they renew individual or small group policies that were in effect on Oct. 1, 2013. Read more…
Keeping you informed on PPACA compliance including the recent plan renewal extension, and top health insurance options for employers.
The White House announced that insurers will not be required to meet most of the provisions of PPACA if they renew individual or small group policies that were in effect on Oct. 1, 2013.
President Barack Obama announced that Americans whose health care plans have been canceled because they fall short of PPACA standards have been granted a one-year reprieve
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