Health Care Reform

With the Affordable Care Act (ACA), Health Care Reform brings great challenges to our partner clients.  They need to understand the legislation, how it impacts their company and what steps are necessary to properly comply with all of the rules and regulations.  However, with great challenges come great opportunities.  Our clients that are able to successfully navigate through Health Care Reform will actually gain a competitive advantage.  We specialize in helping them create marketplace advantages by attracting and retaining highly productive employees and delivering employee benefits of outstanding value.

As Your BeneFIT Partner, we will be your trusted resource to help guide you through all the details of Health Care Reform.  We will monitor and keep you updated on all the changes in rules and regulations that affect you.  Helping your employees understand these changes is key with effective communication and education.

We look forward to working together not only through the challenges but also the opportunities.  In this era of Health Care Reform and challenging economic times, making the best decisions on Health Insurance and Employee Benefits will become essential for our clients.  We will help you navigate this complex process and provide customized innovative solutions, outstanding Employee Benefits and a healthier workplace environment.

 State and Federal Exchanges

Exchanges are the new organizations that will be set up to create a more competitive market for buying Health Insurance.  Beginning in 2014, Exchanges will serve primarily individuals buying insurance on their own and small businesses up to 100 employees.  States are also expected to establish Exchanges—which can be a government agency or a non-profit organization—with the federal government stepping in if a state does not set them up.

Whatever the changes, you will have a trusted resource to know any changes that will affect you.  We will help navigate you through this complex process and provide the information you need to make decisions affecting Employee Benefits.

Compliance



Expert guidance, resources and education with health care compliance is what you’ll get from us as Your BeneFIT Partner.  Everything from the latest in HIPPA to ERISA, we will bring it to you with insight, clarity, timeliness and integrity.

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HCR Updates

IRS Confirms ACA Mandate Penalties Still Effective

IRS Confirms ACA Mandate Penalties Still Effective
The Internal Revenue Service (IRS) Office of Chief Counsel has recently issued several information letters regarding the Affordable Care Act’s (ACA) individual and employer mandate penalties. These letters clarify that: IRS Confirms ACA Mandate Penalties Still Effective 8-3-17

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Senate Releases Draft ACA Replacement Bill

Senate Releases Draft ACA Replacement Bill
On June 22, 2017, Republicans in the U.S. Senate released a draft of their proposal to repeal and replace the Affordable Care Act (ACA), called the Better Care Reconciliation Act (BCRA). The Senate bill closely mirrors the proposal passed in the House of Representatives—the American Health Care Act (AHCA)—with some differences. Senate Releases Draft ACA […]

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ACA Overview – Highlights for 2017 Compliance

ACA Overview – Highlights for 2017 Compliance
The Affordable Care Act (ACA) has made a number of significant changes to group health plans since the law was enacted in 2010. Many of these key reforms became effective in 2014 and 2015, including health plan design changes, increased wellness program incentives and the employer shared responsibility penalties. hcr-highlights-for-2017-compliance

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ACA Compliance Bulletin – 2016 Furnishing Deadline for ACA Reporting Delayed

ACA Compliance Bulletin – 2016 Furnishing Deadline for ACA Reporting Delayed
On Nov. 18, 2016, the Internal Revenue Service (IRS) issued Notice 2016-70 to: Extend the due date for furnishing forms under Sections 6055 and 6056 for 2016 for 30 days, from Jan. 31, 2017, to March 2, 2017; and Extend good-faith transition relief from penalties related to 2016 information reporting under Sections 6055 and 6056. […]

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Impact of the ACA in U.S. Territories

Impact of the ACA in U.S. Territories
The Affordable Care Act (ACA) makes significant changes to the U.S. health care system, including new coverage requirements, patient protections and cost limitations. impact-of-the-aca-in-u-s-territories-10-31-16

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