Perhaps the most obvious reason is that the average, marketplace enrollee tends to be less healthy and thus more costly than other types of enrollees.....
With the 2017 Open Enrollment for Obamacare--officially known as the Marketplace Insurance Exchanges – approaching quickly, there’s a great deal of speculation on how the rates will be effected this year. Early analysis suggests that the rates will spike for 2017
Under the Medicare Modernization Act (MMA), written disclosure should be provided by employers who have policies that are inclusive of prescription drug coverage. This written disclosure requirement is a means to notify Medicare of whether or not the prescription coverage is creditable coverage.
Reminder: 1095 Reporting Deadlines Coming Soon...
The Affordable Care Act requirements for reporting employees and the respective benefit information still apply to all employers with 50 or more full-time or equivalent employees for the preceding calendar year. Both mid-size and large businesses must implement and follow precise protocol for meeting these requirements by the governments' extended deadline.