Ruling could affect employer-sponsored plans and policies. The Supreme Court’s recent invalidation of portions of the Defense of Marriage Act created a huge buzz in political and legal circles, but will the decision significantly impact how small employers manage their workforces? The answer is probably not, but the case could affect many issues related to benefits eligibility and administration. In United States v. Windsor, the Supreme Court held that Section…
Paying for health care is one of the biggest problems that small businesses face. And nothing illustrates that better than a quick look at the numbers. $2.7 trillion How much the United States spends on health care annually 33 percent of employers with fewer than 25 employees offer health insurance to workers 99 percent of employers with 200 employees or more offered health insurance to workers 96 percent how much…
If you’re feeling confused about the Affordable Care Act, you’re not alone. According to a survey this spring from the Kaiser Family Foundation, about 57 percent of the U.S. population doesn’t understand how health care reform will affect them personally. The good news is that several agencies and organizations have put together guides and FAQs to help you learn about the biggest impacts of ACA. HealthCare.gov // This is the U.S….
It’s been about three years since the president signed the Affordable Care Act into law. A series of new requirements have been introduced since then … and some of the biggest ones are right around the corner. Oct. 1, 2013 // Open Enrollment Begins in the Health Insurance Marketplaces Individuals and small businesses will be able to buy coverage through online, government-run marketplaces. Jan. 1, 2014 // The Big Day…