New ACA Compliance Update: How to Meet Employer Reporting Requirements
About This Event
New ACA Compliance Update: How to Meet Employer Reporting Requirements
Instructor: Cathleen Hampton
Product ID: 501089
Level: Intermediate
Description
Attend this webinar to discuss the basics of the Affordable Care Act, and key things employers should already be engaged in with their brokers.
Employers need to be prepared to:
Define their processes for determining eligibility
Develop strategies to keep records of coverage
Implement best practices for reporting requirements compliance
Objectives of the Presentation
Consider setting aside some time to attend this webinar as we discuss the basics of the ACA, the timeline for your next steps in implementing the provisions of the Act, and key things employers should already be engaged in with their brokers.
Why Should you Attend
The challenges facing the landmark healthcare law called the Affordable Care Act (ACA) are far from over, despite the ruling in June from the Supreme Court. The Act is not any more popular - the law is being blamed for premium increases, and some enrollees are dealing with high out-of-pocket costs. The ACA still faces legal challenges; another lawsuit against the contraception-coverage mandate is moving through the courts and is very likely to make an appearance during the Court's next term. The House of Representatives' suit challenging the employer-mandate delay and cost-sharing provisions is still pending.
Without a doubt though, the ACA has shaken up the healthcare industry. It's changed reimbursement rates, increased the nation's patient base and encouraged the creation of new ACOs. Needless to say, there's not one corner of society not dealing with an altered landscape. While the country waits on guidance of more than 1,200 elements of the ACA, most are already struggling with how to implement what is already mandated in over 35,000 pages of regulations.
Areas Covered
Understanding general Pay or Play Rule
Determining if you are a "Large Employer"
Establishing if any of your employees receive federally-subsidized exchange coverage?
Verifying whether you offer "Minimum Essential Coverage" under an employer plan
Ensuring that your plan provides "Minimum Value"
Verifying the coverage is "Affordable" for Employee
Determining how Penalty is calculated
Reviewing strategic considerations with your adviser
Then there's the next, next steps. With all of this settled and understood, employers need to turn to the policies and procedures that will allow them to manage the implementation of health care reform. Don't forget we still have to think about the impending "Cadillac Tax" for 2018. What is your company doing to mitigate its exposure to this rule? One thing is for sure, given the cost projections, when considering the impact of this tax, think Toyota not Cadillac.
Who can Benefit
Business Executives
Human Resources Professionals
Finance and Accounting Professionals
For Registration -
http://www.onlinecompliancepanel.com/webinar/NewACAComplianceUpdate-501089/OCT-2015-ES
Note : Use coupon code 1371 and get 10% off on Registration