By SARAH E. NEEDLEMAN And ANGUS LOTEN CONNECT Small businesses offering health insurance tend to require their employees to cover significantly more out-of-pocket than do big companies—and new limits imposed by the health-care law likely won’t ease the pain. At businesses with fewer than 200 workers, for example, employees pay an average of $1,715 a year out-of-pocket to cover […]
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BY JOYCE M. ROSENBERG SEPTEMBER 20, 2013 NEW YORK (AP) — Many small businesses hope to temporarily sidestep Patient Protection and Affordable Care Act (PPACA) by renewing their coverage early. One of those businesses is Huber Capital Management. The asset management firm is renewing its health insurance policy this year, instead of next year. The early […]
Managers of Covered California may require individual exchange plan issuers to accept cash payments through neighborhood utility offices or other brick-and-mortar offices. The managers discuss payment options in a premium payment report in a packet for an upcoming board meeting. All of the 12 sellers of individual “qualified health plans” (QHPs) will be taking personal checks, cashier’s […]
Gina Binole benefitspro Two U.S. senators have introduced a bill to redefine what it means to be a full-time employee under the Patient Protection and Affordable Act. The measure, if enacted, would protect a greater number of employers from fiscal penalties imposed by the law as now written. The legislation, the Forty Hours is Full […]
[column width=”1/1″ last=”true” title=”” title_type=”single” divider=”false” implicit=”true”] By Dan Cook BenefitsPro Research indicates that employees who invoke the Family Medical Leave Act are much more likely to request short-term disability within a year. Rather than just sit with that sound bite, Integrated Benefits Institute advises companies to do something about it. “A worker’s request for […]
July 3, 2013 On July 2, 2013, the Department of Treasury announced that the employer mandate and its associated penalties have been delayed until 2015. The delay, according to the Department of Treasury, allows employers to prepare for the reporting requirements necessitated by federal health reform. In summary, the announcement states that employers with 50 […]