Compensation Solutions Blog
Human Resources Outsourcing (HRO – PEO – ASO – Payroll – Agency)
Federal SHOP Exchanges Delayed until 2015?
A major provision in the Patient Protection and Affordable Care Act, a/k/a Federal Healthcare Reform Law (the “Law”), was the establishment of what will be known as the Small Business Health Options Program (the “SHOP”). The SHOPS, which were intended to be operational in all states by 2014, will operate individually in each state with [...]
Healthcare Reform Update: Medicaid Expansion and Premium Subsidies
The Affordable Care Act (“ACA”) expands Medicaid eligibility to individuals and families with income up to 133% of the Federal Poverty Level (“FPL”). Each state has decided to adopt or not adopt the expansion of the Medicaid eligibility. If a state has adopted the Medicaid eligibility expansion (see below for examples of two States’ decisions), [...]
Healthcare Reform Update: Employers – Controlled Groups and Related Entities
The Affordable Care Act (“ACA”) provision also known as Employer Shared Responsibility, mandates that employers who generally employ 50 or more full-time equivalents must offer group health insurance benefits to its full-time employees and their dependents or potentially pay a penalty. Employers can determine whether they meet the 50 or more full-time equivalent threshold for [...]
Additional Medicare Tax
Continuing our discussion about Health Care Reform’s new requirements, the Additional Medicare Tax increase was recently implemented and affected employees may have noticed the change in their paychecks. Effective January 1, 2013, a Medicare tax increase from 1.45% to 2.35% was applied to the paychecks of employees who are subject to the Medicare tax and [...]