Bxsi hcr service

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Bxsi hcr service

  1. 1. Health Care ReformHOW WILL HEALTH CARE REFORM IMPACT YOUR ORGANIZATION?HOW WILL HEALTH CARE REFORM IMPACT YOUR ORGANIZATION?Since the passage of the Patient Protection and Affordable Care Act (PPACA) on March 23, 2010, how employers create andadminister their health plans is dictated by a new set of rules. And, yet, the rulemaking process has only just begun. PPACAor "health care reform” will take years to become fully effective and requires creation of many new regulations. As healthcare reform continues to develop, employers are asking themselves, “What are my responsibilities and what are thefinancial and administrative impacts to my business?” Health care reform has magnified the fact that the cost and risk ofhuman capital is increasing exponentially. Employers must confirm that they are compliant with all existing health carereform requirements and also begin preparing for future requirements to ensure their plans remain compliant financiallyreform requirements and also begin preparing for future requirements to ensure their plans remain compliant, financiallyviable and attractive to employees.HEALTH CARE REFORM TOOLSTo help you understand how health care reform will affect your organization, w e have developed a menu of health carereform tools. Our tools provide you with a thorough examination of how the law will impact your plans and offers a costanalysis associated with potential scenarios. We will also provide you with recommended next steps for creating ormodifying your health plan strategymodifying your health plan strategy.In helping your organization prepare, we will:• Provide a compliance review and develop a compliance strategy• Use our health reform calculator* quantifying the financial impact of reform on your health care program includingthe play-or-pay alternative• Document calculator results, findings and recommendations• Help assess the administrative and reporting requirements of reform and develop a plan to reduce workload andenhance overall plan experience*Please note that our health care reform calculator is designed for employers with 50 or more full-time employees based onfederal guidance.Brian BraniganPhone: (225) 215-9479brian.branigan@bxsi.comwww.bxsi.com ©BancorpSouth Insurance Services, Inc.BancorpSouth Insurance Services Inc. is a wholly owned subsidiary of BancorpSouth Bank. Insurance products are • Not a deposit • Not FDIC insured • Not insured by any federal government agency • Not guaranteed by the bank • May go down in value.www.bxsi.com

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