Evidence shows that more insurers bring down premiums on the ACA exchanges, which could ease conversations benefit brokers have with the uninsured about affordability of coverage.
Final regulations implementing the ACAs nondiscrimination rules for wellness programs became effective in January, but many employers are still unclear about how the regulations have changed. The changes are subtle, but noncompliance can carry heavy penalties.
After a backlash from the broker and agent community, final rules on this topic show some changes from the government agency.
In follow-up to two broker-friendly bills introduced in late March, a group of five U.S. Democratic senators are asking the agency again for changes that will help ACA-certified agents better enroll consumers.
Mirroring a recent HHS initiative, some state-run marketplaces such as Covered California have extended a special enrollment period for COBRA-eligible individuals, allowing them to enroll in a marketplace exchange plan through July.
As the HHS adds more opportunities for consumers to obtain health coverage outside of open enrollment, the broker and agent association says its not enough.
The breakdown of states running their own health insurance exchanges versus those using the federally facilitated marketplace will change in due time but exactly how it will change is still up in the air, said a speaker at Wednesdays National Health Insurance Exchange Summit, held in Washington, D.C.
An increasingly discussed abandonment of the ever-delayed portion of the ACA would not eliminate your employer clients need to comply with the health law.
As insurance industry professionals, brokers are living with the ACA and tackling its compliance mandates and issues every day for clients. But whats to come for the law after the next presidential election?
Knowing how many companies your client owns is critical to meeting ACA compliance. Heres what you need to know about your clients that own more than one company under a controlled group.
For every employee leave you must ensure that an orchestra of different people, laws, and systems play in perfect concert with each other. Not an easy task when you consider the following: trying to determine who and when employees are on leave, abiding by multiple, complex leave laws, and dealing with HRIS tracking shortcomings.
All of the delays related to the Affordable Care may be seen a sign of the law's failure, but one employment law expert said Monday employers can view the delays as a good thing an extra year or more to figure out what to do.
This insurance rule, referring to the grouping of companies owned by the same person, hasnt applied to medical coverage until now. One broker is concerned that benefit advisers and small business owners alike arent up to speed on this requirement and could be vulnerable to liabilities via penalties and lawsuits.
How many individuals and families that selected a health plan in the federally facilitated health insurance marketplace have paid their first months premium? Depends on whom you ask.
The U.S. House of Representatives passed a NAHU-backed bill exempting expatriate health plans from the ACA.