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10 Mar

Posted at 10:00h in ClearPath blog, Compliance News, Employee Benefits, Health Care Reform
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Original post businessinsurance.com Health savings accounts are surging in popularity — and that can lead to some complications for older workers who enroll in Medicare. Health Savings Accounts (HSAs) are offered to workers enrolled in high-deductible health insurance plans. The accounts are used primarily to meet deductible...

07 Mar

Posted at 10:00h in ACA, ClearPath blog, Compliance News, Employee Benefits, Health Care Reform, Wellness, Workplace
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Original post benfitnews.com The American population is getting heavier. From the 1960s to the present, obesity has almost tripled. In fact, experts predict that if current trends continue unchanged, by 2030 more than half of the U.S. adult population will be obese, according to research published in the...

02 Mar

Posted at 19:44h in ClearPath blog, Compliance News, Employee Benefits, Health Care Reform
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Original post ubabenefits.com A Summary of Benefits and Coverage (SBC) is four-page (double-sided) communication required by the federal government. It must contain specific information, in a specific order and with a minimum size type, about a group health benefit's coverage and limitations. In February 2016, the...

23 Feb

Posted at 10:00h in ClearPath blog, Compliance News, Employee Benefits, Health Care Reform
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Original post ubabenefits.com An Applicable Large Employer (ALE) that offers minimum essential coverage (MEC) to substantially all of its full-time employees may still owe penalties if the coverage it offers is inadequate because it is not “affordable” or it does not provide “minimum value.” Coverage is...