The DOL says employers reacting to the Supreme Courts Hobby Lobby ruling by canceling contraceptive coverage will be required to notify their employees of the change, an important administrative note for benefit advisers working with employers electing to do so.
Founded by his father on the principle of specialty servicing in 1956, Mike Lewers business model is set to distinguish his brokerage team with post-ACA success for years to come.
While employers are continuing to feel the impact from a multitude of changing laws and regulations, worries about the Affordable Care Act have begun to subside, to some degree. But the jury is out on the long-term implications of the ACA, and the ways benefits managers will live up to its stipulations in coming years.
Benefit advisers working with employers offering medical plans take note. Two important final regulations issued jointly by the IRS, DOL and HHS apply to plan years beginning on or after July 1, 2014. Are your clients compliant?
Ron Goldstein, president and CEO of CaliforniaChoice, talks about the advantages of private exchanges and how networks will start to drive the benefits market as the Affordable Care Act levels the playing field on price and benefit offerings.
The Senate Wednesday failed to get enough support for its reversal plan of the recent Supreme Court Hobby Lobby ruling that will allow some employers to decline providing insurance coverage for some forms of birth control based on religious grounds.
Millions of Americans sought help from navigators and assisters during the ACA's first open-enrollment period, but many were more satisfied with help from a benefit adviser.
Sens. Patty Murray (D-Wash.) and Mark Udall (D-Colo.) on Tuesday introduced new legislation to counter the debated Supreme Court Hobby Lobby decision, which favored religious exemptions to certain contraception methods.
The six most popular insurance plans on the New York state health insurance exchange are seeking double-digit increases in their premium rates for next year, with an average request of a 14.6% rate hike.
Garrett Fenton, an employee benefits specialist with D.C.-based legal firm Miller & Chevalier, says that the time is right for employers to double down and get their paperwork processed in anticipation of 2015s employer mandate for the Affordable Care Act.
Earlier this week, the Supreme Court ruled that, as applied to closely held corporations, Obamacares contraception mandate requiring employers to provide workers with no-cost access to contraception violates the Religious Freedom Restoration Act. Reaction to the case, Burwell v. Hobby Lobby Stores, Inc., was swift, although most legal experts believe it is not likely to have broad implications for the majority of employer-sponsored health care plans.
A new HHS report finds most inconsistencies on the federally run state exchanges went unresolved due to inoperative systems.
The IRS has issued final regulations clarifying tax credits for small employers offering coverage to their employees through the SHOP exchange.
The U.S. Department of Health and Human Services Thursday announcement that consumers already enrolled in marketplace plans in 2014 can auto-enroll for 2015 is largely positive for brokers, though the decision is symbolically unsettling to some.
Although some employers are considering and even implementing a private exchange option for their employees, many remain skeptical of the immaturity of the marketplace and employee readiness.