The CheckPoint HR Blog

Legislative Update

Posted by Ralph Spagnuola on Tue, Dec 22, 2015

Last week, President Obama signed into law an omnibus spending appropriations bill, and contained in this were several significant changes to the “Cadillac Tax” section of the Affordable Care Act. 

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Topics: PPACA, aca

Health Reform and the New York Small Group Market

Posted by Ralph Spagnuola on Thu, Jul 16, 2015

  The New Year is looming large for businesses with up to 100 employees. On January 1, 2016, the Affordable Care Act (ACA) definition of a small group will expand to include employers with up to 100 employees. If your organization fits in this category, you're about to become community rated, which means health insurers can no longer vary your premiums based on age, gender, health status or other factors. Taking medical underwriting out of the equation means you could see a 20% to 40% health insurance premium increase. You could also see a premium reduction. How your rates will be affected depends on how your group was previously underwritten.
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Topics: PPACA, healthcare reform, community rating, new york

PPACA to Cap FSA Salary Reductions

Posted by Bill Faughnan on Mon, Dec 10, 2012

Beginning in January, a new $2,500 limit will be enforced on salary reduction contributions to health flexible spending arrangements (FSAs). FSAs are often offered to employees to divert income on a pre-tax basis to an account they can use to buy certain services. FSAs allow employees who incur regular health expenses annually to purchase necessary health services with pre-tax dollars.

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Topics: obamacare, PPACA, FSA Salary Reductions

Administration Introduces Altered Rules to Insurers and Employers

Posted by Bill Faughnan on Wed, Nov 28, 2012

The Obama administration has released new health care regulations, which will prevent insurers from adjusting premiums based on pre-existing or chronic health conditions. Additionally, insurers cannot tell states what benefits must be included in health exchange plans. According to Kathleen Sebelius, Health and Human Services Secretary, one of the main goals of the health care law is to ensure that no one is discriminated against because of pre-existing conditions.

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Topics: Health Care Reform, health care, Altered Rules to Insurers and Employers, obamacare, PPACA, patient protection and affordable care act, healthcare reform, Health Care Law

PPACA Checklist

Posted by Bill Faughnan on Tue, Jul 31, 2012

With the passing of the Patient Protection and Affordable Care Act (PPACA) in place and only about 16 months until the law takes full effect, employers need to take action. In order to ensure full compliance and effectively communicate to employees how PPACA will affect them, employers must first understand the key components of the mandate. We have established a brief checklist to prepare employers for what’s to come.

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Topics: obamacare, PPACA, PPACA Checklist, obamacare checklist

Mercer: Employers Taking “Wait and See” Approach to PPACA

Posted by Bill Faughnan on Mon, Jul 16, 2012

According to a new Mercer survey, most employers held out for the U.S. Supreme Court’s decision upholding health care reform before planning a strategy on the provisions in the Patient Protection and Affordable Care Act (PPACA). While many employers are now beginning to develop these strategies, the survey found that 16% of the 4,000 employers surveyed are not planning to take action until after the upcoming November elections. Forty percent of respondents stated they would begin examining the laws now that the court has ruled.

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Topics: obamacare, PPACA, patient protection and affordable care act, r elections

Provisions to the PPACA – What You Need to Know

Posted by Bill Faughnan on Mon, Jul 25, 2011

Health Savings Accounts (HSAs) were first authorized in January of 2004 as a tax-advantaged portal for medical savings. Every year since its authorization, American’s Health Insurance Plans (AHIP) has conducted a survey of the HAS market to gather data on plan enrollment in the United States. According to this year’s survey, plan enrollment in the United States has nearly doubled over the last three years, from 6.1 million participants in 2008 to 11.4 million participants in 2011. In the past year, the number of Americans covered by HSAs linked to high-deductible plans increased by 14%. However, AHIP notes that provisions in the Patient Protections and Affordable Care Act (PPACA) could potentially create some unintended consequences, which may disrupt or even limit the availability of HAS plan coverage. What do you need to know?

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Topics: employee benefits, PPACA, americans health insurance plans, ahip

Test Your Knowledge on Healthcare Reform

Posted by Bill Faughnan on Mon, Jul 11, 2011

The Patient Protection and Affordable Care Act was enacted in March 2010. So how knowledgeable are you about the law?

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Topics: Health Care Reform, PPACA, patient protection and affordable care act