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What is actuarial value?

PeopleKeep

Beginning in 2014, the Affordable Care Act (ACA) began requiring health insurance plans in the individual and small group markets to meet certain levels of coverage, each assigned to a different metallic tier: Bronze, Silver, Gold, and Platinum. First time shopping for health insurance?

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How to calculate your premium tax credit with a QSEHRA

PeopleKeep

Since the Affordable Care Act created premium tax credits in 2014, millions of low-income Americans were able to get more affordable access to health insurance premiums on the state and federal exchanges.

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Small-Group Market Remains Stable under the ACA

InterWest Insurance Services

A new report has concluded that the Affordable Care Act, which took full effect in 2013, did not result in a significant change in the number of employers offering health insurance, although the rate at which small employers offered coverage declined slightly by 2.6 in 2014 and 32% in 2020. The pandemic effect.

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Quick Shots for #HR and Business Pros – #Wellness Edition

HR Bartender

Aflac’s 2014 WorkForces Report offers data about health insurance, employee benefits, and the trends impacting the workplace. And Blue Goji’s Consumer Health and Wellness Index offers insight into people’s health and wellness resolutions for 2015. In addition, check out these two reports.

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Health Care Reform: 4 Ways to Find Health Insurance for Your Business

Insperity

Don’t offer health insurance to your employees. Under health care reform, you don’t have to offer health insurance to your employees. If you have fewer than 50 employees, you are not subject to the Play or Pay rules, so there is no penalty for not offering health insurance.

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How to Get Out of Your Employer's Group Health Plan Mid-Year

PeopleKeep

Employees have two options for getting out of their employer’s group health plan mid-year. IRS Notice 2014-55 outlines two ways employees covered by their employer’s health plan can change their health insurance plan elections during a plan year. Here’s what you need to know about the rules:

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What are the ACA essential health benefits?

PeopleKeep

Prior to the Affordable Care Act (ACA) in 2014, comprehensive health plans were allowed multiple exclusions for essential services like maternity care, hospital treatment, or even prescription drugs.