Affordable Care Act (ACA) Update

Categories: Workshop

The Affordable Care Act (ACA) has made a number of significant changes to group benefits plans since the law was enacted over four years ago. Many of these key reforms became effective in 2014, including health plan design changes, increased wellness program incentives and reinsurance fees.

Additional reforms take effect in 2015 for employers sponsoring group health plans. In 2015, the most significant ACA development impacting employers is the shared responsibility penalty and related reporting requirements for applicable large employers. To prepare for 2015, employers should review upcoming requirements and develop a compliance strategy.

This educational session will help you to ensure that your organization is up-to-speed on the many requirements and regulations that impact employers of all sizes. We will discuss many ACA-related topics, such as Play or Pay Penalties, health plan design, grandfathered status, employer contribution, employer reporting requirements, control group rules, recent Supreme Court Rulings and cost-containment strategies.

 

SPEAKER:  Corry Hull,  Healthcare Reform & Employee Benefits Consultant with Legacy Capital Group

Corry Hull joined Legacy Capital Group as an Employee Benefits Consultant in December 2012, after working for a small firm out of Little Rock for four years. He lives in Rogers with his wife, Sarah and his daughter, Sawyer. Corry is driven, focused, forward-thinking, with a strong sense of doing right by his clients and always keeping their interests on the front of his mind. He is particularly passionate about understanding the changes going on in the health care industry from a regulatory and legislative standpoint, and how to help businesses large and small control costs and maintain compliance with the Patient Protection and Affordable Care Act.

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