Here are the questions Neelman asks clients to help them complete their planning for 2013. Neelman is a principal and senior consultant with Compensation Resources, Inc. in Upper Saddle River, New Jersey. Who are your best employees? Which employees truly impact your success? What employees can you least afford to lose? What are your strategies […]
[Go here for yesterday’s Q&A] How does an employer know whether the coverage it offers is “affordable”? If an employee’s share of the premium for employer-provided coverage would cost the employee more than 9.5% of that employee’s annual household income, the coverage is not considered affordable for that employee. If an employer offers multiple healthcare […]
In the case of most employers, these requirements will be simple to implement, Simon says. But in the case of employers that are on the borderline of being covered or on the borderline of providing minimum essential and affordable healthcare coverage, the requirements can become very technical. Some of the questions and answers are presented […]
Gillihan, who is Counsel in the Atlanta office of Alston & Bird LLP, made his suggestions at a recent webinar sponsored by BLR/HRHero. Complying with the Women’s Health Preventive Care Requirement First of all, employers should already be complying with women’s health preventive care requirements, in effect January 1 for calendar plan years, says Gillilan. […]
The U.S. Supreme Court held the attention of the nation (and employers) on Thursday, June 28, when it released its highly anticipated decision on the healthcare reform law (the Affordable Care Act, or ACA) enacted in March 2010. In a decision that surprised many analysts, the Court upheld the law in a 5-4 opinion authored […]
By Jessica Webb-Ayer The wait is over: The U.S. Supreme Court has decided that the massive healthcare reform law (also known as the Affordable Care Act, or ACA) enacted in March 2010 is constitutional. So what happened, and what does this mean for employers? Read the Supreme Court’s decision on Health Care Reform The most […]
This morning, the U.S. Supreme Court upheld the Affordable Care Act (ACA) individual mandate provision. The individual mandate provision requires most Americans to obtain health insurance by 2014 or pay a penalty.
The White House felt it proper to refute McKinsey Co.’s health reform study (see yesterday’s post) finding that as many as 30 percent of employers will stop offering health insurance to their workers after reform takes full force in 2014. Deputy Chief of Staff Nancy-Anne DeParle cited three studies saying employers would continue covering workers unabated. […]