Updates on the ACA

It’s been awhile since I’ve written a blog with regards to, well heck, anything! I probably get at least 10 emails everyday with the newest interpretation of  Health Care Reform or ACA (Affordable Care Act) which has been upon us for over a year.  I decided that it’s time to make sure my clients understand the basics.

Some requirements of the ACA happened in 2012 and some things happened in 2013, but the biggest piece of the ACA will happen next year.

Here is a You Tube video as a reminder of the different pieces to the ACA.  

There are two “must do” items that need to be done immediately.  I’ll send out more information shortly about the other upcoming issues.

  1. Summary of Benefits and Coverage (SBCs).  This document is always included with your renewal package from the insurance carrier, or they will instruct you where to go to download the form from the carrier website.  You must distribute this form at least 30 days prior to your plan’s renewal.  If you decide to change plan design or change carriers, you must provide this form to employees at least 30 days prior to the plan effective date.  You should also be able to document that the SBC’s were sent to each employee.
  2. You must provide a letter from the Department of Labor that explains how the exchanges work.  You can down load the letter here  DOL letter FLSA with plans.  There is also a letter for employers that do not offer health insurance and I have that as well should anyone need it.

That’s it for this issue.  Oh, by the way, the rumor is that the Department of Labor (DOL) plans to audit EVERY employer over the next Five years!


Employer Responsibility with Health Care Reform

It’s been quite awhile since I’ve written a blog on Health Care Reform, or really anything related to employee benefits.  I’ve had a lot going on in my life in the past year.  My mom passed away in January of this year (check out my blog, but grab a tissue) and I finally have the opportunity to breathe a little after that responsibility ended.  So I thought I would catch up on a few important issues. Read the rest of this entry »


Cash for Benefits, a Cautionary Note

Have you, as an employer, ever thought about giving your employees cash in lieu of benefits?  On one hand it seems kind of fair, why not give cash to en employee who is covered by their spouse’s insurance and relieve yourself from that burden? Read the rest of this entry »


Taking the Mystery out of Medicare

Have you noticed lots and lots of commercials on TV lately about Medicare plans? If you’ve seen any daytime TV lately you may have screamed at monitor  because you can’t take another one of those commercials. Rest assured, those commercials won’t last much longer because the annual election period ends December 7th. Read the rest of this entry »


A new Sheriff in Town

Did I say Sheriff?  I meant there’s a new insurance carrier in town.  Sorry about that.

Read the rest of this entry »


Can you Eat Really Well and Lose Weight?

Fall has finally arrived and I couldn’t be happier.  I love the fall weather the best.  The days are warm and the nights cool off and pretty soon that fall smell will arrive.  You know the one, it happens in the early evenings in fall.  I just took this photo in my backyard just to show you the leaves are just starting to change on my Japanese Maple.  Do you see the hummingbird who shot into the picture? Read the rest of this entry »


The Exciting Aspects of Insurance

Okay, I admit it, insurance is boring!  There, now I’ve said it.  Not that there aren’t many topics as far as insurance is concerned, but let’s face it, it’s kind of dull.  Is that bad to admit?  Read the rest of this entry »


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