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Small Group Definition Will Not Change Nationally in 2016

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...

Aetna Announces Updates to Small Group Health Plans

by AleExpriva | Oct 6, 2015 | ACA, Affordable Care Act, Group Health Insurance, Health Care Reform, Health Insurance, Insurance Carriers, Insurance Companies, Small Business

Aetna has announced that effective January 1, 2016, will be changing Affordable Care Act (ACA) compliant small group health benefit plan designs. According to a communication letter sent last week, some Aetna and Coventry 2015 ACA compliant plans in Florida will be...

What is a Full-Time Equivalent (FTE) Employee?

by AleExpriva | Jul 29, 2015 | ACA, Affordable Care Act, Group Health Insurance, Health Care Reform, Health Insurance, SHOP, Small Business

Our last post, Group Health Insurance: Notice of Coverage Options, also included in our lattest Expriva News, rose a huge contraversy. Many of you emailed us with a lot of questions. One of the most frequently asked questions was: What is a full-time equivalent (FTE)...

Summary of Benefits and Coverage to All Employees

by AleExpriva | Jul 7, 2015 | ACA, Affordable Care Act, Group Health Insurance, Health Insurance, Renewal, Small Business

The Affordable Care Act requires all health plan issuers and group health plans to provide eligible employees with a Summary of Benefits and Coverage (SBC). The SBC provides information to better understand your plan and allows you to compare coverage options.  This...

Employer Mandate Penalties

by AleExpriva | May 14, 2015 | ACA, Affordable Care Act, Employer Mandate, Group Health Insurance, Health Insurance, Small Business

The ACA does not explicitly mandate that all employers have to offer medical coverage. However, under the reform law, there are two potential penalties. Keep in mind that an employer may continue to offer several plan design options to its employees. To avoid the...
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