News
There are new IRS forms, 6055, 6056, and an updated 1095, which are annual reporting requirements imposed by the Affordable Care Act. The intent behind these two forms is to identify who has access to minimum essential coverage (MEC), what costs the employer took responsibility for paying, and if an individual or family is eligible…
Read MoreUnderstanding the experience and process of receiving medical care is an important part of planning, building and collaborating to create the best possible healthcare system, including administration, diagnosis, treatment, and follow up. The Patient-Centered Outcomes Research Institute, PCORI, is a non-profit, nongovermental organization which was authorized by the Patient Protection and Affordable Care Act. This…
Read MoreAs an employer, the new rules allow a maximum 90 day watching period for new full-time hires before they are required to have health insurance coverage. The challenge with this specific regulation comes with the in-congruence between a hire date, which may be any time during a month, and the date which employee’s insurance can…
Read MoreA city raises its S&P credit rating by decreasing its employee benefits costs. In a three page report published in December of 2013, S&P applauded Marion, Indina’s drastic fiscal improvements and gave credit for the changes because of the, “city’s return to structural balance as a result of significant cost reduction, primarily in employee benefits.”…
Read MoreBy Sarah Johnson If you were in need of hip replacement, would you be willing to receive $8,000 to undergo the operation in a high quality international hospital? Not to mention the $2,200 out of pocket that you kept by avoiding a co-pay and a deductible. This question almost sounds ludicrous in a world of…
Read MoreHaving a baby is a dramatic life experience. The 9 months of pain and fatigue, which cumulates during labor and delivery, are all forgotten instantly when the sound of a healthy newborn fills the air. For many families the magic of enjoying their baby disappears as medical bills mount. For one Utah family, the decision…
Read MoreYour company has insurance. So what’s the purpose of having medical management that works with your medical benefits plan? Take our quiz to learn more about Medical Management and how it saves companies big. True or False: Having a medical management company work behind the scenes on your behalf costs less than working with an insurance…
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 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…
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