Human Capital Management Blog

The Benetech Advantage

It's lonely in HR. Never fear! Benetech's team of seasoned experts provides the wisdom, technology insights, and healthcare regulatory updates that keep under-staffed and over-tasked HR departments informed, in compliance, and running lean!

By: Mary Lou F.

August 18th, 2014

AFFORDABLE CARE ACT (ACA) – IN CASE YOU MISSED IT – UPDATES FROM MARCH & APRIL

Compliance & Auditing

March and April were busy months for changes to health care reform. As promised, we're keeping you abreast of the relavent updates in the Affordable Care Act. Here are the highlights we found pertinent to you all! March March 5-The Department of Health and Human Services (HHS) published rules establishing the cost-sharing limits for health plans for 2015. The annual deductible for a health plan in the small group market for 2015 may not exceed $2,050 for self-only coverage and $4,100 for family coverage. The out-of-pocket maximum cannot exceed $6,600 for self-only coverage and $13,200 for family coverage. The full account of Benefit and Payment Parameters are found here. …

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By: Mary Lou F.

July 31st, 2014

AFFORDABLE CARE ACT (ACA) – 2014 MID-YEAR REVIEW – JANUARY & FEBRUARY

Compliance & Auditing

With half of 2014 over, it is a good time to review some of the many changes in healthcare reform that have occurred.

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By: Mary Lou F.

June 5th, 2014

Employer Health Care Arrangements - $36,500 Per Employee Per Year Penalty

Compliance & Auditing

While you may think you’re safe from one of the $2,000 or $3,000 Pay or Play penalties, you might be positioned for an even greater penalty – to the tune of $36,500 per employee, per year – if you offer reimbursement plans instead of coverage.

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By: Mary Lou F.

May 22nd, 2014

ACA Pay or Play Penalty – When to Begin Tracking Employee Hours

Compliance & Auditing

Most of the confusion we encounter regarding the employer shared responsibility or pay or play rules is regarding when to begin tracking employee hours and how to determine when the measurement period should begin.

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3 Most Common Mistake Employers Make When Offering Benefits

Mistakes are expensive, especially when building benefit plans.

We've outlined the 3 most common mistakes employers make when offering benefits in a quick ebook. Get your copy free when you subscribe to our blog.

By: Mary Lou F.

May 15th, 2014

SMALL BUSINESS OWNERS BEWARE - COMMON OWNERSHIP AND COMPLIANCE WITH THE ACA

Compliance & Auditing

By now you're probably tired of hearing about the ACA, well we have one more tidbit for you. We promise that next week we'll be covering a different topic.

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By: djahnel@gmail.com

April 4th, 2014

ACA PAY OR PLAY – ACT NOW (PART 1)

Compliance & Auditing

If there is one piece of advice we could share with you regarding the Affordable Care Act’s employer shared responsibility (pay or play) mandate it is this – do not procrastinate; plan and prepare now.

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Before you leave...

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Mistakes are expensive, especially when building benefit plans.

We've outlined the 3 most common mistakes employers make when offering benefits in a quick ebook. Get your copy free when you subscribe to our blog.

Before you leave...

Mistakes are expensive, especially when building benefit plans.

We've outlined the 3 most common mistakes employers make when offering benefits in a quick ebook. Get your copy free when you subscribe to our blog.