Posted on May 15, 2013
(Print) Minimum Creditable Coverage (MCC), Minimum Essential Coverage (MEC), Essential Health Benefits (EHBs) MASSACHUSETTS HEALTHCARE REFORM FEDERAL HEALTHCARE REFORM Affordable Care Act (ACA) Term Minimum Creditable Coverage (MCC) Minimum Essential Coverage (MEC) Essential Health Benefits (EHBs) What Is It? State MCC is the minimum level of benefits that must be included in a person’s health […]
Posted on May 15, 2013
If you have a suggestion for something you think we should add to the ‘What will change’ column, let us know.
Posted on May 15, 2013
OVERVIEW: This is a temporary fee, beginning in 2014, to fund a reinsurance pool to help stabilize premiums in the individual health insurance market for those with pre-existing conditions. This annual fee is based on a cost per covered member in employer plans during calendar years 2014 through 2016. The 2014 rate is $63 per year ($5.25 per month) […]
Posted on May 8, 2013
Posted on May 2, 2013
PPACA added Employer Shared Responsibility provisions, also called the “Play or Pay” mandate, to the Internal Revenue Code. On January 2, 2013, the Internal Revenue Service (“IRS”) issued proposed rules to implement the mandate. Though the proposed rules are not finalized, the IRS has stated that employers may rely on the guidance for months after […]
Posted on May 1, 2013
FULLY FUNDED PLANS ONLY April 18, 2013 RE: Semi-Annual Notice of Changes Dear Employers and Brokers: As part of our commitment to provide affordable access to high quality health care, we continually review the benefits and services offered to our members. As a result, from time to time, we update the coverage we provide and […]
Posted on May 1, 2013