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On New Years Day, millions of Americans will awaken to a very unpleasant surprise. Hundreds of medicines and drugs they were able to purchase just the day before on a tax-free basis will no longer be available tax-free.
Under the Patient Protection and Affordable Care Act, not all rules are equal. Some requirements apply to all plans, but others don't apply to a particular plan if that plan qualifies for – and then maintains – "grandfather" status. The PPACA statute itself provides few specifics on how this is supposed to work, leaving it up to regulators at the Departments of Treasury and Health and Human Services to spell out the details. In response, regulators have issued two sets of guidance.
The Community Living Assistance Services and Supports Act begins to take effect on Jan. 1, 2011. Under the CLASS Act, which is part of the Patient Protection and Affordable Care Act, a public insurance option offering employees voluntary long-term care insurance will be an option for employees to consider.
Two efforts to repeal PPACAs 1099 filing requirement failed in the U.S. Senate on Monday. Under that requirement, approximately 40 million businesses would have to file a Form 1099 for every vendor that sells them more than $600 in goods.
If you havent taken the time to grab a cup of coffee with the folks at legal, or have lunch with your friends in accounting, now would be good. Over the next eight years, your company will need to examine and implement where needed a significant number of provisions associated with the Patient Protection and Affordable Care Act.
As the benefits team, you already know its your job to inform and educate your employees and their families about the changes associated with the Patient Protection and Affordable Care Act. But do you have something prepared for those run-ins with senior-level management?
As predicted by producer organizations, the interim final rule on medical loss ratios issued Monday by the Department of Health and Human Services left agents and brokers on the administrative side of MLR calculations.
The new Health Care Reform Interactive Timeline has garnered a gold recognition from ASBPEs prestigious Digital Azbee awards.
Long-term care (LTC) insurance is back in the headlines, with several leading insurance carriers seeking rate increases to help offset investment shortfalls in an ultra-low interest rate environment and greater-than-expected plan usage.
Following sweeping Republican gains in the 2010 midterm election, Senate Minority Leader Mitch McConnell (R-Ky.) underlined his belief that the election was a referendum against health care reform. "That means that we can and should propose and vote on straight repeal, repeatedly," McConnell said of the Patient Protection and Affordable Care Act in a Nov. 4 speech at the Heritage Foundation.
Flush with victory from election night, Republican strategists are delving into possible measures to repeal or significantly hamper existing health care reform legislation.
Of course, everyone is fighting tooth and nail to retain grandfathered status for their health plans under the Patient Protection and Affordable Care Act, and rightly so.
Like Santa, I imagine youll be making a list and checking it twice (20 times?) to make sure you have all your talking points in order so you can communicate effectively to employees how the Patient Protection and Affordable Care Act will affect their benefits enrollment options.
Of all the things employers have to worry about since the passage of the Patient Protection and Affordable Care Actand there are quite a few its understandably the Cadillac tax on high-cost health benefit plans that has them the most concerned, according to new survey results from Mercer.
Although many tea-leaf readers predicted that health care reform would spur employers to drop health benefits, a new poll of nearly 3,700 executives by Crain Communications shows such forecasts may have been based more on fear than fact.
We have another podcast post today, this time with Heather Gatley, executive vice president of HR Services and general counsel for AlphaStaff.
So, weve had some time to start to digest the biggest components of the Patient Protection and Affordable Care Act, when they go into effect and the implications for your health plans.
So, I promised that wed get back to analyzing health care reform, and I am a woman of my word. Were going to do things a little different today, though, and make todays post a listen instead of a read.
Forgive me, pros. Im a little bleary-eyed today, since I stayed up until after midnight to get the official vote tally (219-210, by the way) and real-time analysis of Sundays House vote on health care reform.
Short post today, because Im working full-steam ahead to bring you a whiz-bang April EBN. (Small trade pub trade secret: We work as many as 12 weeks in advance of publication. So send me your ideas now for EBN May!)