Navigation Links
Benefitter Releases “Pay or Play” Calculator for Healthcare Reform
Date:6/24/2013

San Francisco, CA (PRWEB) June 24, 2013

Benefitter Insurance Solutions, Inc., announces the release of ReformAdvisor, a web-based “Pay or Play” calculator to help employers and brokers understand the costs for both employers and employees of providing group insurance versus paying the shared responsibility payments in a post-healthcare reform world. For a limited time, ReformAdvisor is available at no charge at http://navigator.benefitter.com.

"Healthcare reform fundamentally changes the moral obligation and economics of employer-sponsored health insurance," says Brian Poger, CEO of Benefitter. "ReformAdvisor helps brokers, employers, and other stakeholders easily understand the implications of providing employer sponsored health insurance or paying the shared responsibility payment."

Under the Patient Protection and Affordable Care Act (PPACA), also known as Obamacare, employers nationwide have until October 1, 2013, to communicate to their employees whether they will "Pay" (give the government their Employer Shared Responsibility Payment of $2,000 per employee, in lieu of providing employer-sponsored health coverage), or "Play" (purchase employer-sponsored health coverage for employees that meets new affordability and quality standards). However, due to PPACA’s complexity, making this "Pay or Play" decision is difficult.

"The 'Pay or Play' choice requires considering a host of difficult tradeoffs including economic implications and recruiting and retention goals," says Conrad Voorsanger, VP of Marketing at Benefitter. "ReformAdvisor calculates the economic figures so employers and brokers can focus their time on making smart business decisions."

Benefitter’s ReformAdvisor helps brokers and employers calculate whether employees are better off with employer-sponsored health coverage or consumer health insurance purchased in state marketplaces with federal support.

For more information on Benefitter ReformAdvisor: http://www.benefitter.com/solution

About Benefitter

Benefitter helps employers and employees confidently navigate the evolving healthcare reform legislation and optimize their total rewards package in a post-healthcare reform world. Benefitter works closely with agents, brokers and consultants to deliver straightforward software-as-a-service solutions to employers and employees. Based in San Francisco, California, Benefitter is funded in part by Kleiner Perkins Caufield & Byers, Mohr Davidow Ventures, Aberdare Ventures, and Mayo Clinic. http://www.benefitter.com.

Read the full story at http://www.prweb.com/releases/2013/6/prweb10854926.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. AGA releases first independently developed ABIM-approved Practice Improvement Module in GI
2. Markle releases new resources for health information sharing implementation
3. ASCO releases studies from upcoming annual meeting
4. Boys Town Releases 5 Signs of Heat Stroke in Kids
5. MTSS-mba Membership Benefits Administration Software for Private and Taft-Hartley Employee Benefit Funds Releases New Pension Modules
6. Muscular Development Store Releases the Optimum Performance Workout for High Intensity Training
7. Premier global health journal, The Lancet, releases series on universal health coverage
8. Institute for Population Health Improvement releases buyers guide for health information exchange
9. CSHL Press releases new book on the biology of drug addiction
10. Nathan Wells Releases Audiobook Detailing Battle with Undiagnosed Medical Condition
11. Probiotic Action Releases a Statement in Regards to a Recent Miami Herald Article on Minimizing Scars
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/10/2016)... ... 2016 , ... As part of its ongoing series of aquatic therapy related ... features a dynamic expert and thoughtful presentation to give attendees a better sense of ... events are free to attend, but registration is required. , Rehabilitation of ...
(Date:2/10/2016)... Tenn. (PRWEB) , ... February 10, 2016 , ... ... the American Academy of Emergency Medicine , an emergency medicine professional ... practice management services . , The American Academy of Emergency Medicine, or ...
(Date:2/10/2016)... (PRWEB) , ... February 10, 2016 , ... ... of a master charity program created to assist the local community. Pledging to ... community leaders and nonprofit organizations in the area. Their goal is to bring ...
(Date:2/10/2016)... ... February 10, 2016 , ... 10 Best Water ... were three leading bottled water brand owners that topped the list as a result ... and optimize conversion. The premier brand was Tibet 5100, a top notch water company ...
(Date:2/10/2016)... ... 10, 2016 , ... Dr. Jessica Barron, of Barron Family Dental in ... patients and families in the North Metro Denver area. The new dental practice focuses ... dentistry, and all in the most relaxing environment. , While some dental visits can ...
Breaking Medicine News(10 mins):
(Date:2/10/2016)... new report from business intelligence provider GBI Research - Alzheimer,s Disease Therapeutics ... than double from just under $5 billion in 2014 to an estimated $10.4 ... Canada , France , Germany ... UK, and Japan , and will primarily be driven by ... , France , Germany , ...
(Date:2/10/2016)... -- CVS Health (NYSE: CVS ) is offering Meningitis ... Clara County, CA , in response to confirmed ... campus. CVS Pharmacy stores and MinuteClinic walk-in medical clinics ... Students at Santa Clara University who have not been ... who has had close contact with a person who ...
(Date:2/10/2016)... , Feb. 10, 2016  Astellas Pharma Inc. ... "Astellas") announced today that it has successfully completed, through ... tender offer to purchase all issued and outstanding shares ... President and CEO: Paul Wotton , "Ocata") for ... stockholder in cash ("Tender Offer"). Astellas commenced the Tender ...
Breaking Medicine Technology: