While just over half of employers in a recent survey said it was very important for a private exchange to accept ERISA fiduciary responsibilities for the plans purchased on the exchange, the reality is employers cannot offload their fiduciary responsibility by moving to a private exchange, say legal experts.
Complying with the Affordable Care Acts employer shared responsibility rules could add up for employers. Here are five strategies to recommend to your clients today, according to consulting firm Mercer. [Photos: ThinkStock]
Tuesday was the last day of a two-week health law extension for hundreds of thousands of people who couldnt finish their enrollment by March 31, the official deadline to sign up for a federally subsidized insurance plan in 2014.
Benefit advisers are hopeful Sylvia Mathews Burwell will repair strained communications between industry and HHS, while others view her nomination as largely a political move designed to push Obamas divisive health care reform agenda.
The change in leadership at the Department of Health and Human Services will have little effect on employers and the continued rollout of the Affordable Care Act, say benefit industry experts. Some expressed surprise at Kathleen Sebelius's resignation while others did not.
Commentary: Columnist Craig Davidson questions whether this was a true resignation or was she a "sacrificial lamb?"
The ACA's first open enrollment period presented some expected and some out-of-the-blue challenges for carriers, agents and others tasked with enrolling millions of individuals on the health insurance exchanges. Those challenges should serve as lessons and preparation exercises for the next open enrollment, several industry experts advise.
The number of uninsured Americans has dropped to its lowest level recorded since 2008, a new Gallup poll finds, attributing the decrease to ACA successes.
Commentary: More DOL audits are conducted around wage and hour issues than any other topic. Be careful to not dismiss this matter, as there could be major benefits-related consequences for employers if problems are found, writes columnist Craig Davidson.
Employers have always been concerned about the potential for worker reclassification, but health care reform and a recent National Labor Relations Board decision take this issue to an entirely new level.
Administering the 2010 health care law is just like municipal snow shoveling a top priority thats non-negotiable, John Koskinen, the commissioner of the U.S. Internal Revenue Service, said Wednesday.
Going uninsured is about to get very expensive. New estimates by NerdWallet show the minimum amount of lifetime penalties for someone who is uninsured is more than $36,000.
Wellness programs have long been subject to myriad federal and state laws. Primary among these are laws involving discrimination rules. Wellness programs are required to satisfy certain criteria in order to be considered non-discriminatory under the Affordable Care Act.
Despite open enrollment ending March 31, Cynthia Cox, senior policy analyst at the Kaiser Family Foundation, says that the success of the Affordable Care Act will depend on a number of factors and is what really matters in the long-term. She also shares where we go from here.
With Mondays looming Affordable Care Act open enrollment deadline, a new analysis of Americans in all 50 states and the District of Columbia finds that health care costs are still a top concern.