What is the employer's role in educating workers on ACA requirements?
The Affordable Care Act's health insurance coverage mandate will likely be a major issue facing the majority of large businesses this year, but experts say that workers could likewise have significant issues they want addressed. New data shows that those workers want their companies to help them better understand their obligations.
Health reform requirements for large employers
Experts have focused much of their attention on the requirements that apply to the individual and small group market. However, companies with more than fifty employees face large penalties if they do not offer "minimum value" coverage or require excessive employee premiums.
Senators note that ACA measures may negatively affect employers
Mandates on medium- and large-sized businesses to offer health insurance to employees remains a hot topic not only among employers and health and anti-poverty advocates, but also some legislators. To curb the potential of facing penalties if coverage is not offered, some U.S. senators are taking action regarding this aspect of the Patient Protection and Affordable Care Act.
Officials say to expect health insurance premium increases next year
The amount of money consumers across the country pay for their health insurance is likely to rise substantially after the final rules of the Affordable Care Act are put into place.