Families First Coronavirus Response Act Passed into Law (Message from NAHU)

Families First Coronavirus Response Act Passed into Law   Today the Senate passed the Families First Coronavirus Response Act, and President Trump is expected to sign the bill shortly. The Act includes several provisions to protect American workers and assist employers in providing emergency paid sick leave, as well as paid family leave in the case of school closures, for working families impacted by COVID-19. The FFCRA requires employers with up to 500 employees to provide paid sick leave and paid family leave while providing a refundable payroll tax credit to employers to cover 100% of the cost of wages. There is also a refundable income tax credit made available for self-employed individuals. Employers with less than 50 employees must …

PRESENTER SLIDES: Becoming the Feared Competitor

Technology has changed the way businesses manage daily tasks, including employee benefits. This course teaches the audience about SaaS, software as a service, and how it’s revolutionizing the healthcare industry and creating a massive influx of new industry participants. Attendees will learn how these tools make benefit enrollment easier, including online portals and how employers can use these to connect to their Payroll, HRIS and other systems. Right-click here or the image below to download the slide deck: About the Speaker: David Reid has 30 years of experience working in the employee benefits and group insurance industry. After working as a whole sale distributor of group based benefit products for two major insurance companies Mr. Reid became a consultant and …

NAHU Applauds Senate Introduction Of MLR Legislation

The National Association of Health Underwriters (NAHU) is persistently working with legislators to address the needs of brokers and agents. Catch up on all the work being done February 8th at the Hollywood Casino. https://cahucasino2018.eventbrite.com Washington, D.C. — The National Association of Health Underwriters (NAHU) congratulates Senators Johnny Isakson (R-GA) and Chris Coons (D-DE), the lead sponsors of the bipartisan bill to revise the Affordable Care Act’s (ACA) medical loss ratio (MLR) requirements. The Access to Independent Health Insurance Advisors Act mirrors a bill in the House that specifically excludes agent and broker commission from the MLR formula enacted in the ACA. “The MLR rules have had a detrimental impact on agents and brokers, as well as consumers who rely on these …

LONE UNCOVERED US COUNTY GETS INSURER FOR HEALTH EXCHANGE

The AP reports that only a few months ago, more than “40 mostly rural counties faced the prospect of having no options for their exchanges, but insurers have gradually come forward to fill the gaps.” The article adds that insurers have not considered rural counties attractive “because they usually have a smaller, older customer base and a care provider like a hospital system with a dominant market position,” which “can make it difficult to negotiate payment rates.” Ohio-based insurer CareSource will step up to provide health insurance coverage in Paulding County, Ohio in 2018. The lone county at risk of going uncovered on the federal health law’s insurance exchanges now has an insurer. Read the full article at: http://hosted.ap.org/dynamic/stories/A/APFN_US_HEALTH_OVERHAUL_EXCHANGES?SITE=AP&TEMPLATE=DEFAULT&CTIME=2017-08-24-13-31-46

Taking A U-Turn On Benefits, Big Employers Vow To Continue Offering Health Insurance

Kaiser Health New reports that two new surveys indicate “companies continue to try to control costs while backing away from shrinking or dropping health benefits.” The article says this is “a marked change from three years ago, when many big employers – those with 1,000 employees or more – contemplated ending medical benefits and shifting workers to the Affordable Care Act’s marketplaces.” Three years ago, just 25 percent of large employers were “very confident” they would still be providing healthcare coverage for workers in a decade, but in the recent survey, that figure rose to 65 percent. Read about the U-Turn on benefits at: Taking A U-Turn On Benefits, Big Employers Vow To Continue Offering Health Insurance