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Posts Tagged ‘Carpend’

Preview: 2-50 Small Group Sales and Retention Strategy

Monday, May 6th, 2013

Blue Cross and Blue Shield reports:

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“As a valued producer and partner with Blue Cross and Blue Shield of Illinois (BCBSIL), you play a major role in educating your group clients on how the Affordable Care Act (ACA) will affect their coverage options, starting Jan. 1, 2014.

The Understanding: Future Small Business Decisions flier provides you with an advance preview of BCBSIL’s small business sales and retention strategy for groups with 2-50 employees. Also, the Frequently Asked Questions below address the most common questions related to renewal decisions and 2014 premiums.

Additional details and face-to-face training opportunities on the small group sales and retention strategy will be provided soon.

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Tax Season Savings! Reminder: How to Claim the Small Business Health Care Tax Credit

Monday, May 6th, 2013

U.S. Small Business Administration reports:

“One of the ways in which the Affordable Care Act helps bring down costs for small employers is through the tax credit available to eligible small businesses that provide health care insurance to their employees. The credit significantly offsets the cost of providing insurance and with the 2012 tax filing deadline fast approaching, you don’t want to let this valuable tax break pass you by.  Here’s what you need to know about eligibility and how to claim the credit:

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HHS partners with Illinois on health insurance marketplace

Friday, March 1st, 2013

HHS.gov reports:

“Affordable health coverage to be available to Illinoisans in 2014

During a visit with Illinois Governor Pat Quinn to the Erie Health Center in Chicago today, Health and Human Services (HHS) Secretary Kathleen Sebelius announced that Illinois has been conditionally approved to operate a State Partnership Marketplace (Exchange), which will be ready for open enrollment in October 2013. This partnership will allow Illinois to make key decisions and tailor the marketplace to local needs and market conditions.

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Marketplace

Thursday, February 7th, 2013

IRS Issues More “Play or Pay” Guidance

Monday, February 4th, 2013

Benefits in Brief reports:

“Shortly before 2012 came to an end, the IRS issued proposed regulations and Frequently Asked Questions concerning the employer “play or pay” provisions of the Affordable Care Act (“ACA”). More formally known as the employer “shared responsibility” requirement, these provisions require that large employers either “play” (by offering health coverage to their full-time employees) or “pay” (in the form of a substantial excise tax). The proposed regulations largely codify guidance provided through four separate Notices issued during 2011 and 2012, though with some important clarifications and modifications.

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Feds begin marketing push for exchanges

Friday, January 25th, 2013

Benefitspro reports:

“The federal government wants to remind consumers of the health insurance mandate as part of the Patient Protection and Affordable Care Act, and they’re using a consumer-friendly website as a way to do it.

The Department of Health and Human Services on Wednesday announced its relaunch of healthcare.gov, a website aimed at informing consumers about the health reform law while giving them a place to purchase insurance. The name of the website is also new, now called Health Insurance Marketplace.

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Pay or Play Provisions of the Affordable Care Act

Monday, January 14th, 2013

JDSupra reports:

“Late last week the IRS released proposed regulations implementing the employer “play or pay” provisions in the Affordable Care Act. The rules are applicable to employers with 50 or more full-time equivalents and outline the requirements for employers to provide affordable, minimum value health insurance to full-time employees to avoid penalties. Much of the proposed rule adopts guidance previously released by the IRS over the past year; however, it does contain the following new information:

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Most see health law being implemented

Friday, September 28th, 2012

Benefitspro reports:

“They may not like it, but they don’t see it going away. About 7 in 10 Americans think President Barack Obama’s health care law will go fully into effect with some changes, ranging from minor to major alterations, an Associated Press-GfK poll finds.

Just 12 percent say they expect the Affordable Care Act — “Obamacare” to dismissive opponents — to be repealed completely.

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Patients to face ‘access crisis’

Friday, September 28th, 2012

Benefitspro reports:

“Despite health care overhaul, the future of medicine looks pretty bleak—at least according to doctors. New research suggests that if physician practice trends continue, more than 44,000 physicians will be lost from the workforce in the next four years.

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Benefit cuts are workers’ top worry, Gallup reports

Friday, August 31st, 2012

Employee Benefit Adviser reports:

“American workers are more concerned about cuts in their benefits than losing their jobs, according to a Gallup poll released today.

Forty percent of workers surveyed August 9-12 said they are concerned that their benefits will be reduced in the near future. That compares to 28% who fear they will be laid off and 28% who worry their salaries will be lowered.

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