CMS promises better, but brokers expect more disconnected phone calls, incorrect information and a difficult time processing applications for enrollment on Healthcare.gov.
With the Affordable Care Acts new reporting requirements fast approaching, employers and their benefit advisers need more than ever to keep abreast of whats happening with the ever-changing health care reform law. Here are five ACA issues the national law firm Epstein Becker Green says employers need to be following.
Earlier this week, Walmart announced it was dropping health care coverage for employees who work fewer than 30 hours a week, a move the company estimates will affect about 2% of its workforce. Heres a wrap-up of our analysis, plus a look at the ways other large companies are handling rising health care costs.
Walmarts announcement this week that it will drop health care coverage for its part-time employees reiterates that employer-sponsored health care coverage is changing, and those benefit advisers who plan to remain relevant to clients must change, too.
Health care reform has changed the role of the adviser from insurance broker to that of a trusted adviser, counselor and compliance guru. Advisers hoping to thrive in this new environment will embrace the change less as a burden and more as an opportunity.