by AleExpriva | Aug 1, 2018 | ACA, Affordable Care Act, Group Health Insurance, Health Insurance, HealthCare.org, Insurance Companies, Small Business
MLR (Medical Loss Ratio) Rebate Timeline ¿What is the Medical Loss Ratio Rebate? Federal law, established as part of the Affordable Care Act in 2011, requires health insurers to spend majority of their premium dollars on medical claims and activities that improve...
by AleExpriva | Nov 20, 2017 | ACA, Affordable Care Act, SHOP, Small Business
Changes to How You Enroll to SHOP in 2018 The SHOP (Small Business Health Options Program) will be making some changes in 2018. The Small Business Health Options Program is for small employers who want to provide health and/or dental insurance to their employees —...
by AleExpriva | Jun 27, 2017 | ACA, Affordable Care Act, Employer Mandate, Federal Marketplace, Group Health Insurance, Health Care Providers, Health Insurance, SHOP, Small Business
On June 22, the U.S. Senate released a discussion draft of the Better Care Reconciliation Act (BCRA) to repeal parts of the Affordable Care Act (ACA). The Better Care Reconciliation Act is the Senate Republicans’ alternative to the American Health Care Act (AHCA)...
by AleExpriva | May 16, 2016 | ACA, Affordable Care Act, Group Health Insurance, Health Insurance, Renewal, Small Business
A waiting period is the period of time that must pass before health coverage for an employee or dependent can become effective in a group health insurance. Since 2014, employers offering group health plans may not wait longer than 90 days to begin covering all...
by AleExpriva | Oct 19, 2015 | ACA, Affordable Care Act, Employer Mandate, Group Health Insurance, Health Insurance, Renewal, Small Business
The purpose of the Summary of Benefits and Coverage (SBC) is to provide individuals with standard information so they can compare medical plans as they make decisions about which plan to choose. Effective September 23, 2012, health insurers and self-insured group...
by AleExpriva | Oct 8, 2015 | ACA, Affordable Care Act, Group Health Insurance, Health Care Reform, Health Insurance, Small Business
On October 1, Congress approved a bill repealing the Affordable Care Act (ACA) provision expanding the small group definition, which was scheduled to change from 1-50 to 1-100 employees on January 1, 2016. President Obama is expected to sign the bill into law next...
