The ACA requires that deductibles on small employer health plans not exceed $2000 single and $4000 family. Many employers who offer HDHPs had been concerned about being required to lower their deductible upon renewal in 2014, thus causing higher premium. ...
April 1, 2014 the office of Kentucky’s Governor Steve Beshear announced that 8.6 percent of the state’s population now has health insurance through kynect. Included in the announcement are the below statistics reflecting activity on kynect as of...
Last summer President Obama delayed the penalty provisions for employers with 50 or more full time equivalent employees until 2015, and in early February of 2014 the administration provided further relief for employers, postponing some penalties for some employers yet...
Updated annually for inflation, the 2014 guidelines will set the income thresholds for subsidy eligibility on government exchanges for 2015. Remember that an employee’s receipt of exchange subsidies could trigger an employer shared responsibility penalty...
With the rollout of mandated changes to health plans beginning in January, many consumers found themselves receiving letters explaining that their coverage would be canceled and need to be replaced with a qualified health plan. For employer sponsored plans, this...
WCPO features an article in their Money section online, where Business Benefits’ Geralyn Isler is quoted sharing a strategy of employers exploring their options before January 1, 2014. Scott Guenther of Adams Stepner Woltermann & Dusing is also...
