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In President-Elect Trump’s administration, changes to our healthcare landscape seem to be inevitable.  Nominations for many prominent cabinet positions have already been made and will be considered by Congress starting in January.  What should you expect?  

Here are the three nominees that we think will most impact you as an employer. 

As we blogged about last month, the filing deadline for the 1095 reporting required of large employers has been pushed back to March 2nd from January 31st.  There are some general changes to the process, and also changes to the 1095 forms themselves. 

 
The largest increase for the individual market in Colorado, since the inception in 2014 of the Affordable Care Act Exchanges, will go into effect in 2017. Therefore, most small group insurance plans are now a better value than individual plans. As a result, some small businesses who dropped coverage to send their employees to the then cheaper individual market, are now thinking of going back to group. 
Monday, 21 November 2016 15:13

1095 Reporting Changes and Delays

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Not long after indicating that there would be no exceptions to the January 31st deadline for 1095 B & C forms, the federal government reversed itself. You may have heard there are several delays and changes that have been announced for this year’s reporting:

If your company administers a self-funded medical plan, you need to be aware of benefit changes that should be made in 2017 to comply with Section 1557 of the Affordable Care Act. Section 1557 prohibits discrimination on the basis of sex, age, race, color, national origin, and disability. 
 
The regulations were released by the Department of Health and Human Services (HHS), and specific requirements were laid out for health insurance coverage for transgender individuals. 
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