A new service launched today by the Small Business Association of Michigan (SBAM) will help small employers comply with important Health Insurance Exchange notification requirements. Details on the new service can be found at http://tinyurl.com/SBAMACA.The …
By Stephanie L. Hicks As reported earlier, the government announced a one-year delay of the enforcement of the Patient Protection and Affordable Care Act's ("PPACA") employer shared responsibility payment provisions, commonly referred to as the employer …
The requirement that businesses provide their workers with health insurance or face fines – a key provision contained in President Barack Obama's widespread health care law – will be delayed until January 1, 2015, after …
By Scott Lyon, Senior Vice PresidentBefore October 1, 2013, employers must notify their employees about the availability of the Health Exchange/Marketplace. In Michigan the Exchange will be called Mi Health Marketplace. In summary, this requirement …
Before October 1, 2013, employers must notify their employees about the availability of Health Exchange/Marketplace. In Michigan the Exchange will be called Mi Health Marketplace. In summary, this requirement applies to essentially all employers and …
On May 2, seven plaintiffs from six states filed suit in the U.S. District Court for the District of Columbia challenging the Patient Protection and Affordable Care Act’s (PPACA’s) employer penalties in states with federal …
Among the key changes in health care reform is an employee's option, if eligible, to choose a plan from a state-run exchange. Beginning this Fall, you are required to inform all employees and new hires …
There are several new taxes and fees that will begin appearing on the health insurance invoices for small business owners over the next several months. These taxes and fees generate revenue for the federal government …
By Scott Lyon, Senior Vice President, Small Business Association of MichiganOver the last couple of weeks, I have participated in several meetings with agency owners and their staff members, as well as agents and their customers, …
Last month we learned that a key feature of the Small Business Health Option (SHOP) Exchange – the ability for a small business to offer multiple plan options starting in 2014 - has been delayed. …
by Scott Lyon, Senior Vice PresidentLast month SBAM learned that a key feature of the Small Business Health Option (SHOP) Exchange – the ability for a small business to offer multiple plan options starting in …
The Small Business Association of Michigan (SBAM) today launched Decision Point, an online tool that helps our insurance agents and their SBAM customers understand and take action on the various health insurance decisions mandated by …
Scott Lyon, Senior Vice PresidentSmall Business Association of MichiganHearing this was a surprise to me, but it must be true. Along with fellow SBAM staff members Dave Jessup and Mike Marzano and a handful of …
By Scott Lyon, Senior Vice PresidentUp until recently, as a business owner, your customers got to make that decision for themselves and it would be based on any number of factors. Unfortunately, the Affordable Care …
Beginning with April 1, 2013, effective dates, the following underwriting polices will be implemented for all 1 – 49 BCBSM and BCN new business groups. The group’s rate renewal year and plan year must be aligned …
By Scott Lyon, SBAM's Senior Vice PresidentThe Department of Labor has concluded that the notice requirement under FLSA section 18B will not take effect on March 1, 2013 for several reasons. First, this notice should …
On Dec. 28th, the Internal Revenue Service offered two additional pieces of guidance that tie together various prior notices relating to minimum essential coverage, measuring employees and potential liabilities. Proposed Rule for Shared Responsibilities for Employer Regarding …
Article courtesy of NSBA, by David BurtonThe deadline for states to declare to the U.S. Department of Health and Human Services (HHS) whether they intend to run their own health insurance exchange passed last week …
