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Enrollment First, Inc. and First Staff Benefits Guide Businesses Through Maze of Health Care Reform
Date:4/11/2013

d that making a mistake now could be very costly down the road.

“Is anyone else knocking on your door trying to guide you through this maze and take care of it for you?” Martens asked.

Failure to understand the ramifications of the imminent changes could lead to costly penalties, missed tax credits, time-consuming and expensive litigation, and lost opportunities for employees among other consequences. As a result, companies should waste no time in determining exactly how the ACA's extensive mandates might affect their operations.

The effects of health care reform are already being felt. Most recently, PCIP plans have been eliminated as an option for employers to offer their workers. However, the companies’ fixed indemnity limited medical plans currently offered are still valid options and exempt from health coverage requirements. Once law defines "minimal essential coverage," Mirts says they anticipate new options surfacing in the marketplace.

Affordability will continue to be a driving factor. Mirts says they believe many franchise employees will “opt out” of major medical options and look for some level of health protection via the fixed indemnity option. Working with clients to support ACA compliant solutions and providing affordable alternatives for employees who opt out will be key objectives in 2014 and beyond for both Enrollment First, Inc. and First Staff Benefits.

For more information regarding Enrollment First, Inc., First Staff Benefits, or their health care reform blog, please visit their websites at enroll1st.com or firststaffbenefits.com.

Read the full story at http://www.prweb.com/releases/healthcarereform/ef-fsb-hcrguide/prweb10615223.htm.


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Source: PRWeb
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