The Election is over. Health care Reform is here to stay, and Colorado is also moving forward on a number of health care issues independently of the federal government. Conversely, employers in the state have to make huge employee benefit decisions based on changing and sometimes limited information.
Healthcare| Ontario| | Analysis and Commentary| January 2019paul young cpa, cga
Healthcare is a key area for many countries
Canada spends roughly 10% of GDP on healthcare or about $200B. Approximately 20% comes from the federal government through the HST
The largest expenditures for provinces is healthcare. Ontario for example spends around $55B or about 40% of their budget on healthcare
There is lots of waste within healthcare as many provinces have not done a very good job when it comes to value for money/healthcare
The delivery model is broken!
2017 TORONTO Fall Event - Proposed Tax Reform: What You Need to Know (October...Nicola Wealth Management
On October 1, 2017, NWM hosted a group of clients at the Four Seasons Hotel Toronto to discuss Finance Minister Bill Morneau and the Canadian government's proposal for tax reform impacting the majority of Canadian business owners.
NWM President, David Sung, opened the evening with an overview of the proposed tax changes. He provided some context and asked the audience to consider the political undertone of the Liberal government's tax proposal and the way in which they have handled the public push-back.
John Nicola, Chairman & CEO, an overview of what the government is proposing exactly and the impact it will have. He went on to discuss some planning options available to Canadian business owners.
Healthcare| Ontario| | Analysis and Commentary| January 2019paul young cpa, cga
Healthcare is a key area for many countries
Canada spends roughly 10% of GDP on healthcare or about $200B. Approximately 20% comes from the federal government through the HST
The largest expenditures for provinces is healthcare. Ontario for example spends around $55B or about 40% of their budget on healthcare
There is lots of waste within healthcare as many provinces have not done a very good job when it comes to value for money/healthcare
The delivery model is broken!
2017 TORONTO Fall Event - Proposed Tax Reform: What You Need to Know (October...Nicola Wealth Management
On October 1, 2017, NWM hosted a group of clients at the Four Seasons Hotel Toronto to discuss Finance Minister Bill Morneau and the Canadian government's proposal for tax reform impacting the majority of Canadian business owners.
NWM President, David Sung, opened the evening with an overview of the proposed tax changes. He provided some context and asked the audience to consider the political undertone of the Liberal government's tax proposal and the way in which they have handled the public push-back.
John Nicola, Chairman & CEO, an overview of what the government is proposing exactly and the impact it will have. He went on to discuss some planning options available to Canadian business owners.
The recently enacted federal healthcare legislation will affect virtually everyone and will mean significant changes for patients, insurers, employers, hospitals and physicians. This is one of the largest changes to the tax laws in the past 30 years. Are you interested in finding out how the Reform will affect you or your business? We want to help. We are offering presentations to businesses and groups to provide information on how the Reform may impact you.
For more information visit our website at www.kl-cpa.com.
netwealth 2015 Federal Budget webinar presentationnetwealthInvest
This presentation provides a summary of information announced in the 2015-16 Federal Budget which may be of interest to financial advisers and their clients.
Key topics covered in this presentation are:
- Small business
- Taxation
- Superannuation
- Social Security and Aged Care
- Other
Please note that many of these announcements are yet to be legislated, and care should be taken before implementing a financial strategy based on Budget announcements alone.
Debt Relief For Small Businesses- Requirements for Your Loan Application – CO...Sylvie Luanghy
Since most banks are not yet ready to start accepting loan applications for the SBA Paycheck Protection Program, I decided to do some research on the program and put a quick PowerPoint overview for those who still lack information on the program eligibility requirements.
The Affordable Care Act- A Timeline of Provisions That Will Affect Your BusinessG&A Partners
In this timely webinar, presenter and G&A Partners expert Grace Jaen shares her timeline for provisions of the PPACA. Grace successfully completed the National Association of Health Underwriters Health Care Reform Certification Course and is now a Certified Patient Protection and Affordable Care Act Professional.
Grace explains each provision, its date of implementation, and how it will affect American businesses.
At the end of the webinar, we also hosted a live Q&A session with Grace.
The Tax Diversify Your Retirement Income with Life Insurance sales presentation will help you understand the importance of tax diversification and the benefits that a Custom Whole Life (CWL) policy can provide. In addition to the traditional benefit of death benefit protection, the cash value of the CWL policy accumulates tax-deferred and can generally be accessed on a tax-free basis*.
Use the concept presentation and other materials to discuss how life insurance not only provides death benefit protection, but can also be a tax diversification tool.
Contact me if you would like to discuss
*The cash value is accessed through policy loans, which accrue interest at the current rate, and cash withdrawals. Loans and withdrawals will decrease the total death benefit and total cash value. The supplemental retirement income is not guaranteed.
Good data improves decision-making. Find out about people, the economy, prices, outlooks, regulatory and legal change and competitor actions and product. This presentation gives an overview of the data services for insurers available at Chatswood Consulting Limited
For businesses with 50 employees or less. There is a lot of confusion and misunderstanding about what the Affordable Care Act (Obamacare) is and how it will affect your business and employees. It is important to learn how it relates to you, your employees and your business. There are many moving parts and there are changes ahead. Our blog series and webinars will describe what the Affordable Care Act is "in plain English" and keep you up to date on the latest information.
As we close out our last Health Care Reform Preparedness event in the series, hear the latest
legislative updates and discuss strategies in preparing for the changes with your fellow business
leaders. This interactive session will leave you with actionable, easy-to-implement approaches for
setting your business up for success as we head into the changing landscape of health care.
Are you interested in contracting with the Colorado Department of Transportation (CDOT)? This seminar is an excellent primer for firms just getting started and wanting to learn how to do business with CDOT. You will find out what they buy, how they let contracts for goods and services and where to find contract opportunities. This workshop will include a discussion of CDOT's small business programs and how they can help you become more competitive in bidding and teaming on CDOT projects.
In less than one year, major provisions of the Patient Protection and Affordable Care Act are taking effect at state and federal levels, and many of those new provisions will directly impact businesses around the country. At this event, we’ll present fact-based, non-partisan information that’s important to Colorado business leaders: the timeline of the law and important dates.
The recently enacted federal healthcare legislation will affect virtually everyone and will mean significant changes for patients, insurers, employers, hospitals and physicians. This is one of the largest changes to the tax laws in the past 30 years. Are you interested in finding out how the Reform will affect you or your business? We want to help. We are offering presentations to businesses and groups to provide information on how the Reform may impact you.
For more information visit our website at www.kl-cpa.com.
netwealth 2015 Federal Budget webinar presentationnetwealthInvest
This presentation provides a summary of information announced in the 2015-16 Federal Budget which may be of interest to financial advisers and their clients.
Key topics covered in this presentation are:
- Small business
- Taxation
- Superannuation
- Social Security and Aged Care
- Other
Please note that many of these announcements are yet to be legislated, and care should be taken before implementing a financial strategy based on Budget announcements alone.
Debt Relief For Small Businesses- Requirements for Your Loan Application – CO...Sylvie Luanghy
Since most banks are not yet ready to start accepting loan applications for the SBA Paycheck Protection Program, I decided to do some research on the program and put a quick PowerPoint overview for those who still lack information on the program eligibility requirements.
The Affordable Care Act- A Timeline of Provisions That Will Affect Your BusinessG&A Partners
In this timely webinar, presenter and G&A Partners expert Grace Jaen shares her timeline for provisions of the PPACA. Grace successfully completed the National Association of Health Underwriters Health Care Reform Certification Course and is now a Certified Patient Protection and Affordable Care Act Professional.
Grace explains each provision, its date of implementation, and how it will affect American businesses.
At the end of the webinar, we also hosted a live Q&A session with Grace.
The Tax Diversify Your Retirement Income with Life Insurance sales presentation will help you understand the importance of tax diversification and the benefits that a Custom Whole Life (CWL) policy can provide. In addition to the traditional benefit of death benefit protection, the cash value of the CWL policy accumulates tax-deferred and can generally be accessed on a tax-free basis*.
Use the concept presentation and other materials to discuss how life insurance not only provides death benefit protection, but can also be a tax diversification tool.
Contact me if you would like to discuss
*The cash value is accessed through policy loans, which accrue interest at the current rate, and cash withdrawals. Loans and withdrawals will decrease the total death benefit and total cash value. The supplemental retirement income is not guaranteed.
Good data improves decision-making. Find out about people, the economy, prices, outlooks, regulatory and legal change and competitor actions and product. This presentation gives an overview of the data services for insurers available at Chatswood Consulting Limited
For businesses with 50 employees or less. There is a lot of confusion and misunderstanding about what the Affordable Care Act (Obamacare) is and how it will affect your business and employees. It is important to learn how it relates to you, your employees and your business. There are many moving parts and there are changes ahead. Our blog series and webinars will describe what the Affordable Care Act is "in plain English" and keep you up to date on the latest information.
As we close out our last Health Care Reform Preparedness event in the series, hear the latest
legislative updates and discuss strategies in preparing for the changes with your fellow business
leaders. This interactive session will leave you with actionable, easy-to-implement approaches for
setting your business up for success as we head into the changing landscape of health care.
Are you interested in contracting with the Colorado Department of Transportation (CDOT)? This seminar is an excellent primer for firms just getting started and wanting to learn how to do business with CDOT. You will find out what they buy, how they let contracts for goods and services and where to find contract opportunities. This workshop will include a discussion of CDOT's small business programs and how they can help you become more competitive in bidding and teaming on CDOT projects.
In less than one year, major provisions of the Patient Protection and Affordable Care Act are taking effect at state and federal levels, and many of those new provisions will directly impact businesses around the country. At this event, we’ll present fact-based, non-partisan information that’s important to Colorado business leaders: the timeline of the law and important dates.
Guidelines for the Colorado Health Benefit Exchange and our Federal Exchange are still up in the air. What do these various funding, administration, and oversight issues mean for employers and how will plan pricing, availability, and benefits be addressed? This presentation is designed for the Colorado business leader who needs to understand the current state of the exchanges. In this session, we’ll go over the very latest developments and how they could impact local businesses, discuss how you can create a proactive multi-year benefits strategy, and introduce resources to help you stay on top of this constantly changing landscape.
CARES ACT - Economic Relief to Families and BusinessesRajesh Damarapati
CARES ACT is aimed at providing relief for individuals and businesses that have been negatively impacted by the coronavirus outbreak. While that is great news, in and of itself, presentation covers some of the key provisions included in the bill and what that may mean for you
CARES ACT - Economic Relief to Families and BusinessesRajesh Damarapati
CARES ACT is aimed at providing relief for individuals and businesses that have been negatively impacted by the coronavirus outbreak. While that is great news, in and of itself, presentation covers some of the key provisions included in the bill and what that may mean for you
Health Care Reform and the Basics of BenefitsBeyondPay
This webinar will answer questions you have about the insurance you offer employees. It covers all things ACA and benefits administration, including COBRA, ERISSA, and HIPAA. Don't miss the latest ACA updates in 2016 to find out how they will affect you and your company.
M&A and Exit Planning Trends 2021 Webinar | Hosted by Laurie Barkman, SmallDo...Laurie Barkman
As a result of the pandemic, many business owners are accelerating their exit timeline and changing their definition of wealth. This online panel discussion held on February 18, 2021 explored key market dynamics and implications for M&A and exit planning.
2020 Tax Changes and 2021 Perspective: Overview of recent legislation, including COVID stimulus plans, and potential future legislation which will impact your business and future value.
M&A Market: How the pandemic has impacted the current state of the M&A market including valuations, exit strategies, and timing.
Exit Planning Process: Why it’s more important now than ever.
Value Building: How your current growth strategy fuels your transition strategy, and can pay dividends in the short term.
Moderator and Host:
Laurie Barkman, CEO & Strategic Growth Advisor, SmallDotBig
Panelists:
Brian Baum, Managing Director, Interchange Capital Partners
Christopher Brodman, President, Metz Lewis
David Eichenlaub, Managing Director, Confluence Advisors
Mary Richter, Shareholder, Schneider Downs
If you’re thinking about your readiness to exit, and want to take a step forward, you’re invited to get your complimentary Readiness Assessments. Reach out to Laurie Barkman, lbarkman@smalldotbig.com to get the process started.
How to Avoid a Head-on Collision with The Cadillac TaxBill Conlan
The Webinar addressed what state and local governments need to know about how other provisions of reform that take effect beginning in 2010 will complicate the challenge of meeting the thresholds – and that the time to begin planning for the Cadillac tax is now.
The presenters provided details on the Cadillac tax and factors that complicate compliance with premium thresholds such as the removal of traditional coverage limits, the increase in the dependent eligibility age, additional fees, mental health parity and the estimated 16 million more Americans who will receive Medicaid.
Dane Rianhard from TriBridge Partners presented this slide via webinar on Affordable Care Act Compliance for 2014 and Beyond. The presentation includes information for small companies, companies with 50 - FTEs and companies with over 100 employees. The deck also includes information on private exchanges.
Created by WEA Trust Vice President & General Counsel Vaughn Vance, this presentation helps explain to employers the changing health insurance marketplace. You'll learn about new fees and taxes, plan restrictions and employer obligations under health care reform.
What Does Health Care Reform Mean for You? G&A Partners
Damon Thompson of G& A Partners examines the Patient Protection and Affordable Care Act (PPACA) that was signed into law on March 23, 2010.
G&A Partners is a comprehensive human resource outsourcing provider.
For more great HR webinars and training visit www.gnapartners.com.
Similar to Health Care Reform Preparedness 103: The Post-Election Direction (20)
Franchising is an all-American business model that has enabled tens of thousands of veterans to become small business. Join Stacy Swift, owner of FranNet Colorado and a franchise industry expert, to learn how to separate the myths from the facts. What is a franchise? What are the requirements? How do you find the “best” one for you?
By: Stacy Swift, FranNet
This presentation is targeted at businesses who have already begun looking at teaming arrangements and wondered whether it was a good route for them. Teaming arrangements can be simple or complex. As a VOB or SDVOB you bring certain assets to the arrangements that work to your advantage if you know how to leverage them. Some business have had bad experiences and questions can be asked so mistakes are not repeated.
By: Kenn Quick, Acquisition Management Resources
As you grow your business you will soon subcontract to a government prime contractor or prime a contract with the government directly. When you do you understand that your financials are open to being audited by the government to ensure fair and compliant in-voicing. What do you need to know to be “compliant”? Is your accounting system already compliant? This and other questions are worth knowing before that day comes.
By: Gary Henry, McNew & Associates
What skills do you bring to the table as a veteran? In this workshop, Commander Izzy Abbass will show you how to put your best foot forward to make a favorable impression. You will learn common misperceptions of veterans, what skills veterans can bring to the table, and how to translate those skills into the business world. Finally, you will receive tips on how to use LinkedIn, Twitter and Facebook to sell your abilities!
By: Izzy Abbass, VFW Post 1
Is your business stagnant? Are you barely breaking even? This presentation will take your business to the next level by reaching untapped revenue streams and discovering where you can cut costs. You will learn tips to help you identify new customers, improve cash flow, and spend less time managing.
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Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
Health Care Reform Preparedness 103: The Post-Election Direction
1. HEALTH CARE REFORM
PREPAREDNESS 103:
The Post-Election Direction
Brought to you by:
2. Agenda
• Quick recap of past 2
sessions
• Tips and strategies from
the latest guidance and
everything we’ve learned
since the election
• Preview of what’s coming
in the next three sessions
2
3. Recap of Previous Sessions
Changes through 2013
2010 – 2011 • Small employer tax credit rolled out
• Employers can declare their plans grandfathered
• No lifetime maximum on benefits
• Kids covered up to age 26
• Preventative care provided with no cost sharing
• No over-the-counter drugs under HSA/health FSA
2012 • Must report value of health coverage on W2
• New SBC format for easier plan comparisons
• Expanded preventative care including free contraceptives
2013 • Health FSA now limited to $2,500
• New PCORI fee of $1 per employee per year ($2 next 6 yrs)
• New Medicare taxes on those earning over $200,000
3
4. Recap of Previous Sessions
Changes in 2014 & Beyond
Market • All policies must be guaranteed issue with no exclusions for
Changes pre-existing health conditions
• All group policies for 2-50 EE’s will be community rated
• New individual and small group exchanges will be available
• New fees on insurance companies will be added to premiums
Pay or Play • NO MANDATE ON EMPLOYERS WITH LESS THAN 50 EE’S
Mandate • Larger employers must provide coverage or pay penalties
• If no coverage, penalty is $2,000 per EE except first 30
• If coverage not “affordable,” pay $3,000 for each EE w/subsidy
Coverage • Waiting periods can’t exceed 90 days
Changes • Cost sharing limits: $2,000/$4,000 deductible for small
employers, out of pocket max is limited to HSA limits for all
• Cadillac tax in 2018 on premiums that exceed $850/mo single
4
5. The Post-Election Direction
• Multiple court challenges to ACA ended in
Supreme Court Ruling June 2012:
– Law is constitutional under Congress’ authority to
impose a tax (individual mandate)
– Feds may not, however, require states to agree to
Medicaid expansion
• November Election solidified
the ACA’s future, for now
• Future scenarios:
– 2014 mid-term elections
– 2016 presidential election
5
6. Top 10 New Topics Under ACA
• Perhaps not quite as exciting as…
6
7. Top 10 New Topics Under ACA
#10: Limited Medical waivers
expire 12/31/13
• These plans were mostly used by
large companies
• Plans typically have a very low
limited max and thus don’t meet
the new requirements
• Insurers and large employers
received temporary waivers, which
expire the end of this year
7
8. Top 10 New Topics Under ACA
# 9: New Transition rules for expatriate
plans
• Plans will be deemed
compliant until 2016 if in
compliance with pre-HCR
rules, such as:
• Mental Health Parity
• ERISA Claims
Procedures
• HIPAA non-
discrimination
8
9. Top 10 New Topics Under ACA
#8: Newly Released Preventative Care FAQs
No Cost Sharing Allowed:
• Polyp removal during
colonoscopy
• Genetic testing for breast cancer
• Breastfeeding equipment and
support
• Preventive OTC meds with Rx
• Out-of-net preventative services
IF no in-net doc who can provide
a certain service
• Annual HIV testing for women
9
10. Top 10 New Topics Under ACA
#7: 90 Day Waiting Period Clarified
• Many plans feature a “first of the month” provision
for ease of payroll deductions.
• 90 Calendar days is TRUE
max
• Could only use FOM if
following 60 days of less
• See exception later for
Variable Hour employees
10
11. Top 10 New Topics Under ACA
# 6: Yes, Aggregation Rules Apply!
Controlled groups and affiliated
service groups will be added
together to determine whether
they have 50 employees for the
purposes of the Pay-or-Play
penalty
11
12. Top 10 New Topics Under ACA
#5: Safe Harbor Definition of Seasonal
Worker for Employer Shared Responsibility
• IF an employer’s workforce exceeds 50 full-time employees for 120
days or fewer during a calendar year,
• AND the employees in excess of that 50 who were employed
during that period of no more than 120 days were seasonal
employees
• Then, the employer would not be an applicable large employer.
• For this purpose, “seasonal worker” means a worker who performs
labor or services on a seasonal basis, as defined by the Secretary of
Labor, including (but not limited to) workers covered by 29 CFR
500.20(s)(1) and retail workers employed exclusively during holiday
seasons.
12 Source: Towers Watson HCR Bulletin September 2012.
13. Top 10 New Topics Under ACA
#4 Variable Hour Employee Safe Harbor
12/1/2013 11/30/2014 1/1/2015 12/31/2015
Start Date End of 12 Mo Covg Starts End of 12 Mo
Measurement Period Stability Period
Administrative Period
13
14. Top 10 New Topics Under ACA
#3: Is it More Expensive to Pay Penalties or
Buy Coverage?
Modeling Penalties vs. ER Contributions on $400 Premium
Salary Number of Average 100% ER Contrib 80% ER Contrib 60% ER Contrib 0% ER Contrib
Category Employees Salary ER Cost Penalties ER Cost Penalties ER Cost Penalties ER Cost Penalties
< $10K 2 $8,800 $9,600 $0 $0 $6,000 $0 $6,000 $0 $4,000
$10 - $20K 69 $15,700 $331,200 $0 $265,000 $0 $0 $207,000 $0 $138,000
$20 - $30K 35 $24,700 $168,000 $0 $134,400 $0 $100,800 $0 $0 $70,000
$30 - $40K 19 $35,600 $91,200 $0 $73,000 $0 $54,700 $0 $0 $38,000
$40 - $50K 17 $45,400 $81,600 $0 $65,300 $0 $49,000 $0 $0 $0
$50K + 13 $89,500 $62,400 $0 $49,900 $0 $37,400 $0 $0 $0
Total 155 $29,500 $744,000 $0 $587,600 $6,000 $241,900 $213,000 $0 $250,000
After Tax Impact of Costs 65% 100% 65% 100% 65% 100% 65% 100%
Total Costs $483,600 $387,940 $370,235 $250,000
14
15. Top 10 New Topics Under ACA
#2:Community Rating: BIG for SMALL Groups
Oldest Members
2013 2014
3 to 1
6 to 1 Youngest Members
15
16. Top 10 New Topics Under ACA
#1: Small Group $2,000 Deductible Limit
• Starting with next anniversary in 2014, small employers must
have a deductible of no more than $2,000, indexed for
inflation
• Starting with next anniversary in
2014, small employers must have a
deductible of no more than $2,000,
indexed for inflation
• Are higher deductibles possible?
16
18. Preview of Upcoming Sessions
HCR104: • How will the new on-line marketplaces work?
The State of the • What are the advantages and disadvantages to using them?
Exchange
• What should we expect as the October enrollment start
approaches?
HCR105: • Regardless of the ACA, healthcare trends have been high for
Making Healthcare decades and costs are unsustainable
More Affordable • What can an employer do about it?
• Learn strategies specific to small, mid-sized, and large employers
HCR106 : • What do we know so far about the Exchange plans?
Where Do We Go • What are the latest regulations that affect planning for 2014?
From Here?
• Given everything we know now, how should employers proceed?
Future Seminars We hope to continue this series throughout the year. Please join us
for the latest information you need to know!
19. Thank You!
Questions?
Kristen Russell Eden Ripingill
(303) 369-3200 (303) 306-2561
kristen@fallriver Eden.M.Ripingill
benefits.com @kp.org