ACA Shorthand:What Employers Should Know about Health Care Reform
Affordable Care Act (ACA)Employers are now responsiblefor certain regulations already in effect.ControversyHeated Debate=
Expansive, Overwhelming, ComplicatedEqual Access to Quality Health CoverageMost business owners don’thave the time to read...
Employee EducationEducating your employeescomes at little or no cost to you,but there are portions of the bill thatcould i...
Pay or Play RuleTo be in compliance, health plansmust also cover at least 60% ofthe insured party’s medicals bills....offe...
Guidelines and RegulationsYou must now reportthe cost of medicalcoverage on youremployees’ W-2 forms.Don’t be caught off g...
ThankYouCall or email BenefitWerks today to learn more about our Benefits Administration SoftwareContact Information:P: 86...
What Employers Should Know About Health Care Reform
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What Employers Should Know About Health Care Reform

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Equal access to quality health coverage is a central principal of the ACA. A large part of that equation will hinge on public education and equal access to information. As an employer, did you know that you are now required to give your workers a Summary of Benefits and Coverage (SBC)? An SBC is a standardized, easy-to-read synopsis of your company’s health benefits meant to help your employees better understand and evaluate their insurance choices.

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What Employers Should Know About Health Care Reform

  1. 1. ACA Shorthand:What Employers Should Know about Health Care Reform
  2. 2. Affordable Care Act (ACA)Employers are now responsiblefor certain regulations already in effect.ControversyHeated Debate=
  3. 3. Expansive, Overwhelming, ComplicatedEqual Access to Quality Health CoverageMost business owners don’thave the time to read aseveral thousand-pagedocument about health care.
  4. 4. Employee EducationEducating your employeescomes at little or no cost to you,but there are portions of the bill thatcould impact your bottom line.
  5. 5. Pay or Play RuleTo be in compliance, health plansmust also cover at least 60% ofthe insured party’s medicals bills....offer quality, affordable health insurance or pay an annual penalty.
  6. 6. Guidelines and RegulationsYou must now reportthe cost of medicalcoverage on youremployees’ W-2 forms.Don’t be caught off guard by new ACA regulations.
  7. 7. ThankYouCall or email BenefitWerks today to learn more about our Benefits Administration SoftwareContact Information:P: 866-745-7544Email: info@benefitwerks.comReady for a Demo?Request a product demo and learn how BenefitWerks can increase user satisfaction and save time and money.
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