When it comes to the beneficial services professional employer organizations (PEO) can offer your small and medium-sized business, outsourcing tasks like payroll management, tax reporting, and employee relations naturally comes to mind.
PEOs are also offering business owners an insurance lifeline by providing cost-effective and comprehensive healthcare coverage solutions through the offering of Master Health Plans.
After years of talk and speculation, District Judge Reed O’Connor of Texas may have just struck down the Affordable Care Act (ACA) with a single decision. As a small-business owner, you are undoubtedly wondering how this will impact your company and its bottom line as a result. With the potential for appeals and delays in applying the ruling if it sticks, there is nothing to worry about quite yet. To prepare for any upcoming changes, however, it makes sense to explore this ruling and its potential impacts on small businesses.
On Oct. 12, 2017, the White House announced that it will no longer reimburse insurers for cost-sharing reductions made available to low-income individuals through the Exchanges under the Affordable Care Act (ACA), effective immediately. Because Congress did not pass an appropriation for this expense, the Trump administration has taken the position that it cannot lawfully make the cost-sharing reduction payments.
On May 4, 2017, members of the U.S. House of Representatives voted 217-213 to pass the American Health Care Act (AHCA), after it had been amended several times. The AHCA is the proposed legislation to repeal and replace the Affordable Care Act (ACA).
Several steps have been taken in 2017 toward repealing the Affordable Care Act (ACA), including the introduction of the American Health Care Act (AHCA). Although the AHCA was withdrawn by Republicans, Congress may choose to pursue another ACA repeal and replacement bill in the future.
Employers should be aware of the evolving applicability of existing ACA taxes and fees so that they know how the ACA affects their bottom lines. Employer Flexible will continue to keep you informed of changes.
On March 6, 2017, Republican leadership in the U.S. House of Representatives issued two bills to repeal and replace the Affordable Care Act (ACA) through the budget reconciliation process. These bills, which were issued by the Ways and Means Committee and the Energy and Commerce Committee, are collectively known as the American Health Care Act.
The Affordable Care Act (ACA) requires most individuals to obtain acceptable health insurance coverage for themselves and their family members or pay a penalty. This rule, which took effect in 2014, is often referred to as the “individual mandate.” Individuals may be eligible for an exemption from the penalty in certain circumstances. This Legislative Brief provides an overview of the ACA’s individual mandate.
As prescription drug costs continue to increase, it is important for employers to understand the trends behind prescription drug costs and what they can do to better manage their health care expenses.
One of the key components of the Affordable Care Act (ACA) is that everyone is required to obtain health coverage.
Under health care reform, non-grandfathered health plans must cover women's preventive care services, including contraception, without charging a co-pay or deductible. This rule is effective as soon as August 2012 for some plans.
