by Eriksen Insurance | Feb 13, 2013 | Requirements
Business Insurance reports: “Employers will not be hit with a stiff financial penalty and employees will not be eligible for federal premium subsidies to buy coverage in public health insurance exchanges regardless of how much employers charge for family...
by Eriksen Insurance | Jan 18, 2013 | Health Laws
JD Supra reports: “By far the most important issue for employers to consider under the Affordable Care Act (ACA) is the employer “free rider penalty,” often referred to as “pay or play.” Instead of forcing employers to provide group health insurance to...
by Eriksen Insurance | Jan 15, 2013 | Insurance Reform
ILLINOIS: The federal government granted the Metropolitan Chicago Healthcare Council (MCHC) $160 million in federal CO-OP funding less than two weeks before program funding was eliminated by Congress. The MCHC is an association of hospitals in the Chicago area. The...
by Eriksen Insurance | Jan 14, 2013 | Insurance Reform
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...
by Eriksen Insurance | Jan 14, 2013 | Insurance Reform
On Jan. 2, 2013, the Internal Revenue Service (IRS) published a proposed rule pursuant to the Affordable Care Act (ACA) regarding employer shared responsibility for health insurance coverage. The proposed rule is now subject to public comment. The requirements of the...