by BMC | Nov 2, 2013 | Updates
Health Care Reform (PPACA) Transition Update POTUS Offer Trans Relief Read the briefing from our business partner, Emerson Reid at the bottom of this post. The federal government is encouraging states to adopt a transitional policy which would allow a health insurance...
by BMC | Nov 1, 2013 | Uncategorized
There has been a major modification to the “use it or lose it” rule, which required any leftover balance in an FSA to be forfeited at the end of the plan year. Effective in plan year 2014, employers that offer FSAs will HAVE THE OPTION of allowing participants to roll...
by BMC | Oct 15, 2013 | Uncategorized
The Federally-Mandated Marketplace for individual coverage and Small Business Health Option Program (SHOP) for group coverage officially opened on October 1st for January enrollments. The earliest effective date of any coverage under the Marketplace is January 1, 2014...
by BMC | Oct 2, 2013 | Uncategorized
As a reminder, it is that time of year for you to distribute information to anyone on your group who is eligible for Medicare that your prescription plan is “creditable.” Attached is the model notice. The only information that you must fill in: the space for (entity)...
by BMC | Sep 2, 2013 | Uncategorized
The Patient Protection and Affordable Care Act (PPACA) requires all employers to provide notices to current employees (and new hires) about the coming exchanges (now being called Marketplaces). As of May 2013, the Department of Labor has provided guidance indicating...
