Check out the great info-graphic below put together by Assurity Life.
Owners of small and midsized businesses are striving to understand and comply with the broad set of new rules and changes required under the Affordable Care Act (ACA or health care reform law). This article dispels five common myths about the ACA for businesses with 51 to 100 employees. The Anthem blog is a very helpful resource for businesses of all sizes. Learning is good, right?
We wanted to share this particular blog article with you, the consummate professional wanting to stay updated. The blog dispels many misconceptions employers may have about the ACA. We’ll also share this information with employers in our employer newsletter. But here are five common myths* some of your midsize group clients (51 to 100 employees) may need your help with to understand:
This article is excerpted from the Anthem Blue Cross Blue Shield blog for companies in Colorado. It’s a great resource and I would like to recommend you check out their site http://blog.makinghealthcarereformwork.com/ for more details about these common myths and more.
Important HSA Info…
Are you enrolled on an HSA-qualified medical plan? Find out your contribution limits for 2015 here. When used properly, it’s a tremendous tax savings and a smart way to fund any eligible medical expenses. Check out the Top 20 Reasons to Open an HSA in 2015.
Qualifying Event questions…
What is a Qualifying “Life Change” Event related to employee benefit plans? It’s “simple”….just about anytime someone losses access to coverage or has one of these “Life Change” events from this list happen. In that scenario, the individual has generally 30 days to take action and enroll during that window of time. Here’s a great article from United Healthcare on qualifying life events.
Is your health & wellness plan ready for a DOL audit? Department of Labor audits of employee benefit plans are on the rise and experts all recommend employers to get their compliance house in order prior to that impending knock on the door. Very exciting, right? Is that something you might want guidance with?