“Pay or Play” Employer Mandate Delayed until 2015

Group of Multiethnic Busy People Working in an Office
Important news was announced yesterday afternoon by the U.S. Treasury Department regarding the ACA (Affordable Care Act) employer mandate known as "Pay or Play". The U.S. Treasury Department announced the 2014 mandate on large employers, those with 5o or more full-time equivalent employees, to offer qualifying health insurance coverage to their employees or face a penalty is...
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Is early renewal right for your group health plan?

In a continued effort to keep employer groups informed regarding health care reform, Parelius Insurance has been researching the option of early renewal for health plans.  Beginning January 1, 2014, the Patient Protection and Affordable Care Act (PPACA) will change the types of small group plans offered and how premiums are calculated.  Group rates will no longer be based on cl...
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Employer Responsibility – Health Exchange Notices

One of the final pieces of information that employers will need to comply with the Affordable Care Act has fallen into place.  On May 8th, the federal government released details on the responsibilities for employers to notify their employees of their health coverage options under federal health care reform. Current employees must receive these notices by October 1st; new empl...
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Health Care Reform – The Employer Mandate

From an employer's perspective, this is most likely the most feared aspect of Health Care Reform.  In fact, the overwhelming majority of our Health Care Reform-related questions to date in 2013 have covered this topic.  So the purpose of this article is to answer some of our most commonly asked questions surrounding the Employer Mandate in very clear terms. The "Employer Manda...
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Notice of Exchanges and Subsidies: Delayed

According to the original Health Care Reform Act, effective March 1, 2013, employers of all sizes were required to provide each newly hired employee with a written notice of the existence of health insurance exchanges and potential subsidies available, Notice of Exchanges and Subsidies. This notice was, subsequently, required to be provided to all current employees. However, on...
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