Monday, June 16, 2014

Summertime PPACA Compliance Checklist for Employers

BB&T Insurance Services of California, Inc.

As we enter into summer, it's a good time to start thinking about 2015 Health Care Reform compliance. Over the past four years, the Affordable Care Act (ACA) has made a number of changes to group health plans. To prepare for 2015, employers should assess the upcoming requirements and take steps for compliance strategies, including:
  • Determination of Applicable Large Employer status (100 full-time employees, including FTEs)
  • Determination of possible one-year delay of employer penalty for medium-size groups (50-99)
  • Review of possible transition relief for non-calendar-year plans
  • Clarify whether your plan is subject to reinsurance fee filings
  • Plus more, all highlighted in the checklist linked below
2015 Compliance Checklist