- A summary of benefits, which began in September 2012, should be received by each employee at the time of renewal, new hire or any changes in the health plan.
- The waiting period for a new hire cannot be greater than 90 days beginning January 1, 2014.
- Insurance companies cannot deny coverage due to pre-existing conditions.
- There is an exchange and subsidy notice to employees that must provide written notice of exchange and subsidies – proposed in fall 2013.
- FSA (flexible spending accounts) will be capped at $2,500.
- Employers are required to report the premium cost of the health insurance on the W-2s effective in the 2012 tax year.
There has been a lot of excitement over the repeal of the Affordable Care Act (ACA) provision that requires most Americans to have health insurance; many people are confused about […]
Decision awareness is huge. The only way you can make decisions is if you’re informed. How do you do that? How does your insurance work with the choices you feel […]
All of the Medicare eligible clients should know that there is new and exciting things as an option for you to consider. Wellmark has new dental plans and vision/hearing plans […]
As you prepare your income taxes and if you have an HSA, please note the 2018 updated changes so that you can maximize your contributions and deductions. I have attached […]