A long time ago in a galaxy far, far away … insurers and industry experts warned of an impending Affordable Care Act (ACA) death spiral. In my mind, the term “death spiral” conjures up images of the death star while the Star Wars Imperial March song begins playing in my head.
The COBRA Blog
Tags: Health reform
It’s hard to believe, but we’re less than six months away from 2015. That means employers will soon be grappling with a host of new reporting requirements under the Affordable Care Act (ACA). The IRS delayed the requirements for a year, but issued their final regulations in March of this year. Employers will now be required to gather data beginning in 2015 and submit the first set of informational returns in 2016. On July 24, 2014, the IRS issued draft forms for employers to transmit the required data.
With Valentine’s Day just around the corner, romance should be in the air. Unfortunately, for many HR professionals, thoughts of love may take a back seat to thoughts of compliance. Don’t despair! To help set the mood for February, we’ve highlighted a few romantic movie quotes and related them to health reform. You might be surprised at the parallels!
NEW YORK, February 14, 2013 – The majority of employers seek to avoid cost increases for their group health plans, however, more than half have not put pen to paper to calculate the cost of health care reform, according to a survey released today by the Willis Human Capital Practice, a unit of Willis Group Holdings (NYSE:WSH), the global insurance broker.
Effective in 2014, the new health care reform law will implement an individual health insurance mandate, requiring most Americans to carry health insurance. Once the mandate goes into effect, most Americans will be required to purchase health insurance or face paying a fine.