Option for Some to Renew Policies That Do Not Fully Meet PPACA Standards

On March 5, 2014, the Department of Health and Human Services (HHS) released a Bulletin that allows state insurance departments to permit the renewal through October 1, 2016, of individual and small group policies that do not meet the “market reform” requirements of the Patient Protection and Affordable Care Act (PPACA).

BREAKING NEWS – IRS, HHS RELEASE ADDITIONAL FINAL REGULATIONS

On March 5, 2014, the Department of the Treasury and the Internal Revenue Service released the final employer-shared responsibility (“play or pay”) reporting rules. The Patient Protection and Affordable Care Act (PPACA) requires reporting in support of the individual and employer-shared responsibility requirements and premium tax credit/subsidy eligibility, under Sections 6055 and 6056 of the Internal Revenue Code.

With Tectonic Shifts in Health Care, Employer Opinions Count Big-Time

We’re asking some really interesting questions on the UBA Benefit Opinions Survey. Some of the answers (being compiled from what is shaping up to be the most comprehensive set of employers across all sizes, industries, and geography) are likely to surprise us all.

February Compliance Recap

February brought two significant final regulations that affect an employer’s compliance obligations under the Patient Protection and Affordable Care Act (PPACA). The first, on the employer-shared responsibility (“play or pay”) requirements, delays this requirement for many employers with 50 to 99 employees and includes a number of clarifications from the rules described in the proposed regulation. The second, on eligibility waiting period requirements, is very similar to the proposed rule.

Summary of Eligibility Waiting Period Requirements

On February 20, 2014, the Department of Health and Human Services (HHS), the Department of Labor (DOL) and the Internal Revenue Service (IRS) released final regulations on the eligibility waiting period requirements.

Who’s Walking and Who’s Just Talking?

There is a lot of talk about the many cost-control and health care reform tactics available to employers, but what are companies actually implementing?

Eligibility Waiting Periods

On February 20, 2014, the Department of Health and Human Services (HHS), the Department of Labor (DOL) and the Internal Revenue Service (IRS) released final regulations on the eligibility waiting period requirements.

 

Fairmount Benefits Company

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