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ACA

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Posted by Andy Adams on July 30, 2013 - 11:01am
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I think we can safely categorize this under the things I am worried least about the Affordable Care Act: the fact that come January 1st, congressional staff will have to purchase health insurance through the federal exchange.  Guess who is upset by this prospect?  Congressional staff.  From the New York Times:

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Posted by Andy Adams on July 24, 2013 - 11:02am
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President Obama has ramped up his efforts defending Obamacare by employing his favorite tactic, a speech.  He touted the MLR rebate checks being sent out (go here to see whether there is any real benefit), but we have heard this story before.  He also employed some new data from New York indicated that Obamacare will REDUCE premiums for individual health policies by up to 50%.  The President emphasized this point saying, "Think about that: 50% lower."  We will take his advice.
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Posted by Andy Adams on July 16, 2013 - 4:17pm
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After January 1st, when "community rating" kicks in for individuals and small groups under 50, claims will not be considered to determine health premiums.  Only two factors will be allowed to change the premiums offered by a plan to individuals and small groups under 50 in the same geographic area: age and smoking status.  The premium increase due to age will be limited to a 3 to 1 ratio.

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Posted by Andy Adams on July 16, 2013 - 3:19pm
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"Et tu Brute?"  

You have to wonder if that is what the Obama administration is asking after being taken to the woodshed by three of the largest unions in the country over Obamacare:

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Posted by Andy Adams on July 12, 2013 - 11:22am
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The law of unintended consequences is unrelenting and one that the Obama administration cannot simply waive away by willful non-compliance.

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Posted by Andy Adams on July 8, 2013 - 5:01pm
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Last week's delay of the ACA's employer mandate was a bombshell that caught everyone by surprise.  What does this mean for employers?

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Posted by Andy Adams on July 2, 2013 - 5:16pm
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News reports indicate that the Employer Mandate will be DELAYED TO 2015!

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Posted by Andy Adams on June 7, 2013 - 10:49am
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In late May, "Covered California" triumphantly announced that its rates for individuals next year under the ACA "will range from 2 percent more to 29 percent less than what comparable plans cost this year."  They also produced a pretty chart (at right) to go with it.

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Posted by Tracy Dacus on May 30, 2013 - 10:05am
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Beginning Jan. 1, 2014, individuals and employees of small businesses will have access to insurance coverage through the Affordable Care Act’s (ACA) health insurance exchanges (Exchanges). Open enrollment under the Exchanges will begin on Oct. 1, 2013. 

ACA requires employers to provide all new hires and current employees with a written notice about ACA’s Exchanges. This requirement is found in Section 18B of the Fair Labor Standards Act (FLSA).

On May 8, 2013, the Department of Labor (DOL) released Technical Release 2013-02 to provide temporary guidance on the Exchange notice requirement. This temporary guidance will remain in effect until the DOL issues regulations or other guidance. According to the DOL, future regulations or other guidance will provide employers with adequate time to comply with any additional or modified requirements.

 

 

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