In our next Innovations Live webinar event, Alden J. Bianchi, Practice Group Leader of the Mintz Levin’s Employee Benefits & Executive Compensation Practice, will outline the impact that the proposed health care reform may have on your business.
At this webinar you will learn about:
- The Patient Protection and Affordable Care Act
- How to Prepare and Protect Your Business
- What is Already in Place and What’s coming in 2013, 2014 and 2015
When: Wednesday, September 26th, 2012, 1pm – 2pm EST
Where: From the comfort of your office!
How: Register now!
About this webinar:
The Patient Protection and Affordable Care Act makes radical changes to the nation’s health care financing system that affect insurance carriers, health care providers, and state governments, among others. Also affected are employers and employer-sponsored group health plans. The Act’s requirements as they apply to employers and employer-sponsored group health plans are phased in over time. Some are already in effect, others are coming up soon. The employer shared responsibility rules, a/k/a “pay-or-play” requirements, go live and a handful of other important requirements affecting employer plans begin to apply in 2014.
With the Supreme Court having upheld the essential features of the Patient Protection and Affordable Care Act, employers are confronted with real and complex compliance challenges and deadlines. Certain of the Acts provisions (e.g., relating to W-2 reporting, Summaries of Benefits and Coverage, and the $2,500 cap on elective medical FSA elections) go into effect in 2013 or sooner. And in 2014, the Act’s most important provisions affecting employers become law. These include the Act’s “employer shared responsibility” rules as well as new rules governing waiting periods. In 2015 and following, other rules come on-line relating to an expansion of access to state-based insurance exchanges by employers and the tax on “Cadillac” plans. This program explores these and other coming challenges that employers face as they endeavor to come into compliance.