New Bill Introduced Would Ease ACA Reporting Requirements

A recent bill has been introduced in the House and Senate that simplifies reporting requirements under the ACA. The Commonsense Reporting Act of 2017 (H.R. 3919 and S. 1908) attempts to ease the reporting requirements of employers in three areas: reporting information before open enrollment, minimize administrative reporting at year end, and reduce the submission of unnecessary information. In addition …

Written By: Jake Stratton

Did you Know That Small Employers Can Use “Stand-Alone” HRAs Again?

The 21st Century Cures Act, that was signed late last year and took effect on January 1st, 2017, has a provision included that reinstates using “stand-alone” Health Reimbursement Arrangements (HRAs), allowing small employers to fund employees individual purchased health coverage. “Stand-alone” HRAs are HRAs created that are not part of or attached to any employer sponsored health insurance offering. This …

Written By: Jake Stratton

Has Employer Health Insurance Coverage Sky-Rocketed?

Are you concerned about sky-rocketing health insurance costs? A new poll reveals some findings that may quell your fears.   Health Insurance Coverage Study Overview In August 2015, Harris Poll conducted a survey for Transamerica Center for Health Studies on 1,500 business executives across the United States. The study found that after the Patient Protection and Affordable Care Act, coverage is …

Written By: Jim Thibodeau

Medicare D Notification

Medicare D Credibility Medicare Part D notice have been sent out to all employees participating in a medical plan administered by StaffScapes.  Notices are required to be sent out by November 15th, 2008.  After determining Credible or NonCredible coverage notices are required to be sent to participants of the medical plan.  For more information on Benefits Administration or Medicare D notices …

Written By: StaffScapes

Initiative #92 – Employer Responsibility for Health Insurance

StaffScapes review of the devastating labor initiatives on the November Ballot. Initiative #92 would “Require every private employer with 20 or more employees to provide health insurance for both employees and their dependents.” The initiative also requires employers to pay at least 80 percent of the employee only premiums and 70 percent of dependent premium coverage. Employers who do not …

Written By: Jake Stratton

New Health Program in Alabama

New program in Alabama gives state employees the opportunity to be humiliated at work. The new program that has caused some questions will be brought to 37,527 state employees and cause at-work weigh-ins and fat tests. If an employee weighs over the “normal “BMI then they will be given two choices: either pay up or slim down. The cost for …

Written By: StaffScapes

Health Saving Accounts (HSA)

The IRS released limits for 2008 & 2009 HSA plans. The Statutory Contribution Amount is: 2008        2009 $2,900    $3,000

Written By: Jim Thibodeau

Exempla Healthcare

Exempla Healthcare has launched a new website that makes medical information more available. The website offers information on preventive care; has a medical library of 4,000 articles and 1,500 medical topics in English and Spanish; lists classes, workshops and special events; offers video tours of Exempla facilities; and provides a directory of physicians.

Written By: Jim Thibodeau

Health Care Reform

Blue Ribbon commission for Health Care Reform continues meeting in Colorado throughout the month. Five separate proposals are being considered in an attempt to cover the more than 700,000 Coloradans that do not have health insurance coverage. To learn more about the goals of the commission go to http://www.colorado.gov/208commission/. Proposal have been presented from Unions, private companies and Insurance providers. Let …

Written By: Jim Thibodeau

Health Plans

Market Share of Health Plans PPO plans enroll three-in five covered workers in 2006, followed by HMO plans. POS plans, and then HDHP/SOS and conventional plans. With the highest enrollment, PPO plans cover 60% of covered workers. HMO plans cover 20% of covered workers, POS plans cover 13% of covered workers, and HDHP/SOs and conventional plans cover 4% and 3% of covered …

Written By: Jim Thibodeau