The federal Patient Protection and Affordable Care Act(PPACA), more commonly known as Health Care Reform, implements sweeping changes that effect individual and employer sponsored health plans. How the PPACA affects your business and employees will set new standards on compliance and service needs. As your benefits adviser we help employers develop their knowledge of the regulations while meeting the compliance guidelines imposed by State and Federal requirements. As the laws continue to evolve, our mission is to help you manage this process and more importantly stay in compliance.
Major provisions of the law affecting employers and group health plans include:
- Dependent coverage to age 26
- Grandfather and Grandmother plans,
- Employer shared responsibility (“Pay or Play”)
- SBC notice requirements
For your convenience we have included a summary timeline of the PPACA guidelines. This list will change continually. For the most up to date information on how PPACA impacts your company please contact us directly online or by phone.