Healthcare reform

The IRS’ new draft forms for employer reporting on health care coverage unveils a glimpse of the administrative onus in store for benefit advisers and their employer clients working to comply with the Affordable Care Act.

While the logistics of health care growing increasingly complex, benefit advisers could and should play a crucial role in helping employers and employees understand the new health care delivery system.

Benefit advisers working with small to mid-size employers to boost benefit participation can focus on cost-saving measures and enrollment and education activities that larger companies are more inclined or able to invest in.

Technical glitches and data-management challenges have dominated HIX headlines at both the state and federal level, with the latest news showing how even the most widely regarded and most vilified state-run operations now share this common thread.

Benefit advisers hoping to stay ahead of the trend of employers transferring some of the burden of increased health care costs to their employees, should be prepared to discuss a variety of new and old cost-sharing strategies, as well as additional cost-saving tools.

Private exchanges are a complex tool in a complex market, but they continue to evolve as employers switch to them, and brokers learn to work with them. Panelists discussed where they will go next during at opening keynote Tuesday at EBA’s Workplace Benefits Mania.

As the part-time workforce in America expands, a growing number of employers are considering voluntary benefit packages as a recruitment and retention tool not only for full-time staff, but their variable hour employees, as well.

Accountable care organizations promise better alignment of health care provider incentives and patient outcomes. Can ACOs revolutionize employer-sponsored health care?

The IRS released draft forms for employers to use to report health coverage offerings to employees, unveiling a glimpse of the administrative onus in store for benefit advisers and their employer clients working to comply with the health law.

Two federal appeals courts have issued conflicting decisions about the legality of subsidies on the federal exchanges — a split that may have some significant impact on employer planning for ACA compliance.

In another blow to the health law’s federal subsidies this week, the GAO says fake application information successfully yielded subsidy payouts in an undercover investigation. One broker says if consumers are able to obtain subsidies in circumstances where they shouldn’t, they’re not going to trust brokers who tell them the truth.

As some brokers continue to wait for their payments, it seems no one carrier is better or worse at this issue across the U.S. What is clear is that advisers who previously worked in group need to learn a new system to track and monitor commissions.

In another blow to President Barack Obama’s signature legislation, a three-judge panel on the D.C. Circuit Court of Appeals has ruled in favor of the plaintiff, declaring the law’s premium subsidies are invalid in more than two dozen states due to the law’s specific language.

President Barack Obama’s health care overhaul suffered a potentially crippling blow as a U.S. appeals court ruled the government can’t give financial assistance to anyone buying coverage on the insurance marketplace run by federal authorities.

The DOL says employers reacting to the Supreme Court’s Hobby Lobby ruling by canceling contraceptive coverage will be required to notify their employees of the change, an important administrative note for benefit advisers working with employers electing to do so.

With health care costs continuing to rise, it’s no surprise to benefit advisers that their employer clients continue to seek benefit solutions that shift some of the cost burden to their employees — and new data reveals that trend shows no signs of stopping.

While employers are continuing to feel the impact from a multitude of changing laws and regulations, worries about the Affordable Care Act have begun to subside, to some degree. But the jury is out on the long-term implications of the ACA, and the ways benefits managers will live up to its stipulations in coming years.

Benefit advisers working with employers offering medical plans — take note. Two important final regulations issued jointly by the IRS, DOL and HHS apply to plan years beginning on or after July 1, 2014. Are your clients compliant?

A boom in private exchanges and a changing distribution system for health care will create a new landscape for benefits managers and advisers, with more emphasis on consumer-directed health care.

A proposal up for vote in the most populous state would give the insurance commissioner veto power over health insurance rates, among other things, and has brokers fearful of the trend spreading to other states.