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Healthcare Reform
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Individuals and Families
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You must buy qualified health insurance (Mandate) and there is a penalty if you don’t (Non-deductible Tax Penalty). You may qualify for money off your insurance premium (Subsidy). Open Enrollment starts November 1st of each year. If you qualify for a Special Enrollment, you may be able to enroll through the year.
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Large Groups (50+)
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Pay or Play....Are you prepared to start your employee reporting in January? Are you a control group? Do you have the new ACA language incorporated into your Wrap SPD? What is your game plan for benefits in the new era of healthcare reform legislation?
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Small Groups (1-50)
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Even though healthcare reform may not require you to provide health insurance to your employees, your policies are complying with the new regulations and you may be required to complete the insurance company reporting forms. If you are part of a control group, you may not be considered small group in the eyes of this legislation.
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Resources
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Individual Subsidy Calculator
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Healthcare Services Price Transparency
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