by Ed Fensholt | January 21, 2013 | Health Reform, Insurance Exchanges, Reporting & Disclosure
The federal health reform law, the Patient Protection and Affordable Care Act (PPACA) imposes an obligation on employers to notify all employees by March 1, 2013, about the existence of the state-based insurance exchanges required by the PPACA, and about the value of...
by Mark Holloway | January 16, 2013 | Employer Mandate, State and Local Issues
On January 8, 2013, Governor Deval Patrick proposed legislation that will eliminate the penalties certain employers face, under state law, for not offering health insurance coverage to their employees in Massachusetts. The legislation would eliminate the...
by Mark Holloway | January 4, 2013 | Co-Op Plans, Cost of Living Adjustments, Insurance Exchanges, Misc Health Reform, Tax Issues
President Obama signed into law on Wednesday the American Taxpayer Relief Act of 2012, a last minute compromise by federal lawmakers that pulled the nation away from the “fiscal cliff.” The law makes permanent numerous federal tax provisions scheduled to expire on...
by Ed Fensholt | January 2, 2013 | Employer Mandate, Health Reform, Misc Health Reform
The IRS has released its first set of formal, proposed regulations, and a parallel set of questions and answers, on the health reform law’s “play or pay” mandate on employers. Lockton is preparing two separate Alerts to address the 144 pages of regulations, but here’s...
by Mark Holloway | December 13, 2012 | Health Reform
On Friday, December 7, 2012 the U.S. Supreme Court agreed to hear a case on the constitutionality of the Defense of Marriage Act (DOMA) and a case concerning the 2008 ballot measure in California that banned same-sex marriage. The cases will be heard by the Court in...
by Jeannie Wilcox | December 7, 2012 | Health Reform, Insurance Exchanges, Medical Loss Ratio
Federal health reform guidance released over the past few weeks covered an abundance of topics, some of which impacted employers. In this Alert Mark Holloway, J.D. from the Lockton Health Reform Advisory Practice breaks them all down for you, including an...