Sears Insurance

  • About Us
  • Contact
  • Blog
  • Health
    • Good to Know
    • ACA
    • Individual under age 65
    • Individual over age 65
    • Large Group (51+ lives)
    • Small Group (1 – 50 lives)
  • Dental & Vision
  • Disability
  • Life
  • Long Term Care
  • Strategic Alliances
  • Publications
  • Newsletter
  • Testimonials
  • WELLMARK MEMBERS NOW HAVE $0 COST SHARE FROM HOME

Large Group Employer Mandate Timeline

  • Compliance
  • Group Health Insurance
  • Health Care Reform
  • Healthcare updates

I have provided for you a time line of the provisions of the affordable care act (ACA) starting with its inception year 2010 running out and beyond 2015. If you click on the hyperlink under 2014, you will see the reform provisions that were implemented this year. If you go out to 2015, you’ll see even more.

The employer mandate in 2015 is something I’d like to draw your attention to. The employer mandate applies to large groups (50 or more full-time equivalent (FTE)). Please make careful note of this verbiage. You could have 80 people on your group, but you could actually have 40 that would be considered FTEs. This verbiage, as it applies to us here in Iowa, particularly impacts folks with seasonal occupations, such as our farmers, people doing outdoor work, possibly their jobs end in the late Fall as Winter approaches. Please read this carefully.

If you have any questions as to whether or not this applies to you, please give us a call. We will try to make the complicated appear simple. You will also see, on the left hand side of this web page, a menu of other items pertaining to the ACA. Towards the bottom, you will click on videos. These are short, very easy to understand, and cover a wide variety of topics. Scroll through this at your convenience. I hope you find this a helpful link.

Oftentimes, in your best interest, we will work closely with your CPA to determine the eligibility, if there is any doubt in an effort to keep you compliant and help you make strategic decisions going forward. We need to determine if you are a large group or a small group and then we would be happy to explain to you what your obligations are or not and how you can prepare, plan and budget this very important benefit to attract and retain quality employees.

Call Sears Insurance with any of your questions. We’ll be happy to help!

Related Posts Plugin for WordPress, Blogger...
Debbie SearsOctober 6, 2014

Post navigation

Shopping for Health Care → ← Blue Magazine Summer 2014

Related Posts

Add Convenience With A Virtual Visit Benefit

Business owners can give your busy employees 24/7 access to care at a lower overall cost. This benefit is called Doctor+ on Demand. Everybody would benefit from the convenience and […]

Looking Ahead…

As we near the end of our first quarter of 2020, we need to look back one quarter so we can project forward for the balance of the year. What […]

Short Term Updates!

Short Term Medical plans with lengths of 90 days will not longer be available in Iowa.  This change applies to all carriers including United Healthcare and National General. If you […]

ACA Individual Market Special Enrollment Period (SEP)

Individuals may no longer enroll in individual and family health insurance until the next Open Enrollment Period, unless you would have a life event that qualifies for a Special Enrollment […]

Recent Posts

  • HEALTH INSURANCE TRENDS Since the COVID-19 Pandemic
  • EMPLOYERS HAVE MUCH TO CONSIDER When Creating Their Team
  • 2021 BRINGS A FEW NEW CHANGES for Individuals and Business Owners
  • HEALTH CARE INSURANCE CHOICES ~ Ok, Boomers, this one’s for you!
  • HEALTH CARE INSURANCE CHOICES

Recent Comments

  • Debbie Sears on Is My Group Health Insurance the Right One for My Business?
  • Back pain relief on Is My Group Health Insurance the Right One for My Business?
Powered by WordPress | theme Diamond