Posts
By Sarah Johnson Consumers are smart and savvy, especially when making big outlays such as a car, or a home. They take time to research the product they want, and identify which perks are necessary. They take into account their budget, and what their monthly payment will be once their purchase has materialized. Then they…
Read MoreThere are many ways that transparency pricing brings down medical costs for patients, as well as insurance companies. The three we are going to delve into here include; MBA’s OpenSolutions™ Platform, invoice auditing and reference pricing. OpenSolutions™ Platform MBA Benefit Administrators helps companies save hundreds of thousands of dollars in expenditures annually by taking a…
Read MoreThe Obama Administration unexpectedly announced a one-year delay in the employer mandate of the Affordable Care Act (ACA). The employer mandate says businesses with 50 or more full-time employees must provide health insurance or pay fines starting at $2,000 per employee starting in 2015. There will be no fines for employees already covered. The employer…
Read MoreLegally married same-sex couples in the U.S. are now considered families and can enroll their spouses in federal health benefit plans. The Supreme Court overturned Section 3 of the Defense of Marriage Act, citing equal protection principles. Now, if gay and lesbian spouses get married in the District of Columbia or any of the 12…
Read MoreThe Affordable Care Act will require most Americans to have health coverage by January of 2014. Each state has their own unique health insurance exchange, which is an online portal where insurance plans can be reviewed and purchased which are in compliance with the new federal mandates. In Utah, Governor Gary Herbert just received approval…
Read MoreUnder the Affordable Care Act, employers are required to give their employees information about their health care options. Beginning October 1, 2013 employers are required to give out the information provided in this notice to all existing employees, as well as all future employees at the time they are hired. Employers must provide a notice…
Read MoreDoes your company have at least 50 full-time equivalent employees? If so, providing health coverage is a new requirement beginning in 2014 according to the Affordable Care Act, otherwise known as Obama Care. Wading through the information about the ACA can seem like a daunting task. MBA is a Third Party Administrator who helps guide…
Read MoreCONTACT: MBA C.E.O. Phyllis Merrill FOR IMMEDIATE RELEASE Phone: 1-800-877-3727 Email: phyllis@mba.to ONE COMPANY SAVES EMPLOYERS BIG MONEY IN THE FACE OF THE ACA Thursday, February 21, 2013, MURRAY, Utah—The Affordable Care Act is the biggest change and toughest challenge for business owners in recent history, but a Murray company is…
Read MoreFive Initiatives TPA’s Should be Dealing with for Employers as a Result of the Affordable Care Act (ACA) Top Concerns Registered by Employers Since Nov. 2012 Understanding Options Open to Employers to “Optimize” Benefit Plan Design under the ACA. Many Employers Believe Pay or Play are the Only Options. Mandates are effective 1-°©-1-°©-14. Rules on…
Read MoreEmployer ACA Exchange Notice Requirement Delayed Posted by Rick Lindquist According to the Affordable Care Act (ACA), starting March 1, 2013, employers must inform all current employees and any new hires after this date about the existence of the exchange in their state and how employees can access it. The notification must include: Written notice informing employees…
Read More