(read original article: HERE) The Affordable Care Act also known as “Obamacare” requires large companies to offer coverage to employees working 30 hours a week or more or pay a penalty. Many employers have been preparing for the higher costs. “In fact, by offering them insurance, we could actually disqualify many of them from being […]
We’ve all seen the inauspicious first day of the state and federal Health Insurance Marketplaces. Colossal opening-day failures make catchy headlines: USA Today: Traffic surges, glitches mark exchanges [1] NBC News: Obamacare is here and so are the glitches [2] However, things will get better over the coming weeks. The Marketplaces are massive technical and […]
“Healthcare reform is confusing for brokers, employers and employees with over half of each group consistently feeling overwhelmed and under-informed,” says Brian Poger, CEO of Benefitter. “Given the tens of thousands of pages of regulations, it’s no surprise, but our research suggests the issues can be narrowed down to a few critical questions.” To prepare […]
“Entrepreneurs can shape this transition by bringing users into the system….Employers, acting as intermediaries, can refer their workers to companies with savvy onboarding strategies such as HelloWallet, Benefitter, and Liazon Health….” Read full article about entrepreneurial opportunities surrounding the Affordable Care Act on Stanford Social Innovation Review
Last week Wegmans, one of the largest private companies in the US, announced that it will cut health benefits for part time workers beginning January 2015. The Northeastern grocery store chain, long recognized for its generous employee benefits offerings, has traditionally offered health benefits to its part time employees who work between 20 and 30 hours per […]
San Francisco, CA (PRWEB) July 09, 2013 South by Southwest names Benefitter one of five top finalists in the Health Technologies category to compete at the South by Southwest 2013 V2Venture (SXSW V2V) pitch competition at the Cosmopolitan in Las Vegas on August 14th. “Benefitter is delighted to be recognized as a finalist in the […]
“Workers may benefit if they skip their employer’s insurance and buy coverage from an exchange, Poger said. They may pay less for better coverage — especially if they are eligible for federal subsidies….” Read full article about the delay of employer penalties in USA Today
San Francisco, July 3, 2013 – (PRWeb) Benefitter, a leading provider of software for navigating healthcare reform, calculates $5 billion or more in potential savings for U.S. employers as a result of the IRS announcement to delay key elements of the Patient Protection and Affordable Care Act (also referred to as Obamacare). The U.S. Department of Treasury […]
Businesses won’t be penalized next year if they don’t provide workers health insurance after the Obama administration decided to delay a key requirement under its health-care law, two administration officials said. The decision will come in regulatory guidance to be issued later this week. It addresses vehement complaints from employer groups about the administrative burden […]
By: Mark J. Mazur – 7/2/2013 Over the past several months, the Administration has been engaging in a dialogue with businesses – many of which already provide health coverage for their workers – about the new employer and insurer reporting requirements under the Affordable Care Act (ACA). We have heard concerns about the complexity of the requirements […]