Certified Health Care Reform Experts
Health insurance in Colorado can be complicated. Especially with all the changes this year with health care reform. But, rest assured, we are on top of it. You can count on us for expert advice and a thorough review of your health insurance options. Call 970.484.1250 for all your Colorado health insurance needs. [button link=”https://www.quotit.net/eproIFP/webPages/infoEntry/InfoEntryZip.asp?license_no=TXFEVX” color=”black”…
Beginning January 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), which are also known as Health Insurance Marketplaces. Open enrollment under the Exchanges will begin on Oct. 1, 2013. The ACA requires employers to provide all new hires and current employees with a written…
Although the employer mandate has been delayed for a year, other important changes are coming for large group employers (over 50 employees). Certain taxes and fees may affect large businesses as a result of the Affordable Care Act. Anthem has put together a guide to help employers make sure they know what’s coming, and what…
Finally! A cartoon that explains health care reform!
I don’t know about you guys, but I don’t always have time to read the troves of health care reform information that crosses my desk daily. But, I always have time for a cartoon! Here is the transcript for you readers out there. 🙂 Introduction Well, it’s finally happening. After years of drama on Capitol…
The Obama Administration has decided to delay the enforcement of the employer mandate until 2015. This mandate would have required all employers with greater than 50 full time employees to offer health insurance to all employees working more than 30 hours per week. According to this Washington Post article, “The administration said it would postpone the…
According to a recent Gallup poll, 43% of uninsured Americans report the reason they do not have health insurance is due to the high cost. The Affordable Care Act was designed to lower insurance premiums in order to make coverage accessible to all. It remains to be seen if this will be the case. (Read…
As far as health insurance is concerned, a large group employer is defined as more than 50 full-time equivalent employees (FTEs). As for how to determine if you have 50 or more FTEs, check out this post. Large businesses will have 3 basic health care options come 2014: Offer employees a fully insured or ASO…
How to calculate average number of employees per month for health care mandate
If a business is considered “small,” it is not required to offer a health care plan. For large companies of more than 50 full time equivalent employees (FTE’s), offering coverage is mandated to avoid paying steep penalties. A full time worker is defined as someone who works more than 30 hours per week. However, part-time…
Here’s what you need to know about Health Savings Accounts (HSA) for 2014: HDHP Minimum Deductible Amount Individual $1,250 Family $2,500 HDHP Maximum Out-of-Pocket Amount Individual …
Employer Penalties under the ACA in 2014
Employers, you need to be aware of the penalties that will be imposed come 2014 if you are not compliant with health care reform law. Check out this flow chart created by The Kaiser Family Foundation to see how you may or may not be impacted. Employer Penalties Flow Chart Not sure how…
