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Posts from: March 2017

Is this a Football Game or are we talking about Health Insurance?

Author: Jan Fernandez    Posted: March 1, 2017

It feels like a quarterback calling out a play, 6056, 1095, 4980H – HIKE!, but employers are reporting which employees had health insurance and for how many months during the year. The Affordable Care Act (ACA) created reporting requirements in Internal Revenue Code (Code) Section 6056. Under these rules, applicable large employers Applicable Large Employer (ALEs) subject to the employer shared responsibility rules must provide information to the Internal Revenue Service (IRS) about the coverage […]

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From The Blog - Costs For New Enrollees In ACA Plans Higher Than For Long-Term Enrollees

I recently read an article in the SHRM newsletter that discussed the Blue Cross and Blue Shield Association revealing that consumers who were “newly insured under the Affordable Care Act were sicker, used more medical care and had higher medical costs than those who already had coverage.”  We all had assumed that those who had not been sold individual plans due to “Pre-existing Conditions” would be high utilizers of their new plans.  Why, because they […]

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