The government has just recently made available the "Transitional Reinsurance Annual Enrollment and Contributions Submission Form" through their official government website. This document will enable health insurance issuers, and those company sponsored self-insured group health plans offering medical coverage, to comply with the required steps related to the Transitional Reinsurance Program as outlined in the Affordable Care Act (ACA).
January 1, 2015 will usher in the next phase of the Affordable Care Act. This phase will be the employer mandate. Initially, the employer mandate was to take place this year; however, it was postponed due to the belief that it would cause increasing confusion in a marketplace that was already ripe with confusion.
On July 22, 2014, within two hours of each other, two Federal Appeal Court panels issued conflicting rulings regarding the payment of subsidies to certain lower income taxpayers purchasing health insurance under a health insurance exchange (i.e., marketplace) created by the federal government under the Affordable Care Act ("ACA").
Since March 23, 2010 we have been inundated with issues regarding the Affordable Care Act. Whether it be ACOs (Accountable Care Organizations), grandfathered plans or essential benefits, the media has flooded the market with this information. Because of all the focus on the ACA, employers have lost sight of two Federal programs that have been around for many years: the Family Medical Leave Act (FMLA) and the Americans with Disabilities Act (ADA).
How will the pieces of this extensive puzzle impact your business?