Decoding the Affordable Care Act for Employers

August 23, 2012 at 11:00am12:00pm
If the Supreme Court ruling on the constitutionality of the ACA was difficult to understand, then the rules of implementation will have employers scrambling to understand the alphabet soup hidden in the actual law — from SBC to MLAs, Benchmark Plans to the Testing Period for new employees. Already facing a monumentally heavy regulatory and tax burden, reducing uncertainties and addressing questions is critical to employers and insurance providers to ensure they remain both compliant and profitable.

Dinsmore attorney David Whaley presented a 60-minute crash course to help you understand the terminology, the deadlines, the reporting mechanisms and the penalties involved, as you prepare for a January 2014 implementation. Our complimentary webinar covered:
  • Your responsibilities if your plan renewed after September 23, 2010

  • Providing "Summaries of Benefits of Coverage" (SBC) with your next open enrollment 

  • Planning for the employer-level “Pay or Play” requirement 

  • Employer’s plan vs. Exchange coverage: Tough employer decisions

  • Provisions specific to both large and small employers 

  • Defining eligibility (Who is a full-time employee?) 

  • Penalties for failing to offer a group plan or one that offers “minimum value?” 

  • The individual Pay or Play mandate: Premium tax credit 

  • Affordability requirement: How will you calculate the cost?

Anyone with HR or benefits responsibility, including In-house Counsel, Human Resources Professionals, Corporate Executives and Business Owners were encouraged to attend. 

Click HERE to download the recording. If you are having trouble viewing this recording, please click HERE to download VLC Media Player.

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