By Danielle Capilla, Chief Compliance Officer at United Benefit Advisors In Benefit and Payment Parameters for 2016 Final Rule issued in February 2015, federal agencies included a clarification that the annual cost-sharing limitations for self coverage apply to individuals, regardless of individual is covered by self-only plan or is covered by another kind of plan. […]
By Bill Olson, Chief Marketing Officer at United Benefit Advisors Employer health savings account (HSA) funding strategies have changed in recent years in response to the Patient Protection and Affordable Care Act (PPACA) and its impact on employer-sponsored health insurance plans. Employers are contributing less, on average, to HSAs and the increase in popularity of […]
By Linda Rowings Chief Compliance Officer at United Benefit Advisors The federal poverty level guidelines (FPL) are used for many purposes, including assessing eligibility for a premium tax credit for coverage purchased through the health Marketplace. Premium tax credits are available to individuals who have household income of 100% to 400% of FPL in states […]
By Elizabeth Kay, Compliance & Retention Analyst AEIS Advisors With the passage of the Patient Protection and Affordable Care Act (PPACA), we saw a number of hospitals and provider groups being bought and merged with larger provider groups. This was done for two reasons. One, in part to make sure that they were able to […]
Posted by Linda Rowings The Department of Health and Human Services (HHS) has issued its proposed Benefit and Payment Parameters for 2016. While these amounts and dates are not yet final, they may be of help for planning purposes. At this time, HHS expects: Open enrollment for coverage through the Marketplace in 2016 will be […]
By Carol Taylor, Employee Benefit Advisor D&S Agency, a UBA Partner Firm The United Benefit Advisors (UBA) annual Health Plan Survey for 2014, which contains validated data on 16,467 plans for 9,950 employers, shows minor average change for plans in the last year. The survey contains information on plans that renewed predominantly between June 2013 […]
By Linda Rowings We field a lot of questions from employers about wellness programs and how they comply with PPACA. Here are two of the most common ones from UBA’™s “Frequently Asked Questions (FAQ) About Wellness Programs’™ Legal Requirementsâ€: Q: How does a wellness program affect affordability calculations? A: The proposed regulations provide that when […]