Practical HR Tips, News & Advice. Updated Daily.
Although the trend in the employer health insurance marketplace is relatively restrained in contrast with the out-of-control individual marketplace—averaging just 2.6% for 2016-2017—overall costs remain very high. Consumerist tactics continue to be among the primary ways employers seeks to contain (if not reduce) costs.
Earlier this year, the Internal Revenue Service (IRS) clarified what type of coverage is needed to make an individual eligible for a health savings account (HSA).
The U.S. Department of Health and Human Services (HHS) has announced a commitment from 17 companies to support enrollment in the Health Insurance Marketplace. These companies will connect freelance professionals, entrepreneurs, and customers with information and resources to encourage enrollment in affordable coverage throughout the Open Enrollment period beginning November 1 and ending on January […]
Yesterday we learned how the Federally Facilitated Marketplace (FFM) can notify employers about any employees that enrolled in Marketplace coverage with advanced premium tax credits (APTCs) and cost-sharing reductions (CSRs). Today, we’ll look at how to appeal those notifications.
Earlier this month, health insurance exchanges (also known as marketplaces) under the Affordable Care Act were launched, giving consumers — including COBRA qualified beneficiaries — new coverage options. Because qualified beneficiaries may come to employers with questions about enrolling in COBRA versus exchange coverage, here are some key issues to keep in mind. The key […]
Employers wanting to get an early start on providing a required notice to employees of coverage options under health insurance exchanges just got some help from the federal government. On May 8, the U.S. Department of Labor issued a model notice for employers may use now — but must use beginning Oct. 1, 2013. The […]