October 2, 2014 | Bestefits

Employers not moving to private exchanges as much or as quickly as we all thought.

Employee Benefits Healthcare Reform Large Employers Small Employers

Private exchanges have been around for some time but they haven’t had the buzz that they do now with Health Care Reform. Although, they are now a regular part of benefit conversations and more exchanges are emerging, fairly few employers have moved to them so far. It is hard to determine how that will change…

October 2, 2014

Details

Anthem has created an easy-to-read chart outlining PPACA provisions for employers of all sizes

Compliance Employee Benefits Healthcare Reform Large Employers Small Employers

CHECK IT OUT HERE

October 2, 2014

7 SINS OF WELLNESS PROGRAMS

About Bestefits Employee Benefits Wellness

Learn more about the things that do and don’t make wellness programs successful. I have seen a number of organizations in our industry that promote one strategy, one vendor, an internal no-cost solution and other things that jump on the excitement of the wellness buzz to sell; but don’t deliver in the long-term or are…

October 2, 2014

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It may be a nice gesture to a parting employee to pay COBRA as part of the severance package…unfortunately, under the ACA, you run the risk of doing the employee harm!!

Compliance Employee Benefits Healthcare Reform Large Employers Small Employers

Individuals are eligible to enroll in individual medical insurance outside of the annual Open Enrollment period if they experience a qualifying event. Loss of your company’s group medical insurance upon termination would be considered such a qualifying event and the former employee could enroll in individual coverage within 60 days. In some cases, the former…

October 2, 2014

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What is the Medical Loss Ratio (MLR) regulation and how is it helping to control your group medical rates?

Employee Benefits Healthcare Reform Individual Insurance Large Employers Small Employers

The Affordable Care Act requires health insurance carriers to submit information regarding the proportion of premium spent on clinical services and quality improvement, also known as the Medical Loss Ratio (MLR). It also requires them to issue rebates to enrollees if they do not spend at least 80% or 85% of premium dollars on medical…

October 2, 2014

Details

Employers required to report to IRS on group medical offerings! The WHO, WHAT, WHEN, HOW…

Compliance Healthcare Reform Large Employers

WHO: Employers with 50 of more FTE’s (remember, that means full-time equivalents, NOT number of full-time employees) WHAT: File forms 1094-C and 1095-C. The IRS created draft forms so you may review the information you will be required to provide 1095-C, 1094-C, draft instructions. WHEN: “There is no filing requirement for 2014; employers may file…

October 2, 2014

Details

Daily Archives: October 2, 2014

Employers not moving to private exchanges as much or as quickly as we all thought.

Anthem has created an easy-to-read chart outlining PPACA provisions for employers of all sizes

7 SINS OF WELLNESS PROGRAMS

It may be a nice gesture to a parting employee to pay COBRA as part of the severance package…unfortunately, under the ACA, you run the risk of doing the employee harm!!

What is the Medical Loss Ratio (MLR) regulation and how is it helping to control your group medical rates?

Employers required to report to IRS on group medical offerings! The WHO, WHAT, WHEN, HOW…