BAS Blog


 

ACA Open Enrollment for Individual Coverage

The open enrollment period to elect coverage under an individual plan in the Health Care Exchange Marketplace runs from November 1, 2017 through December 15, 2017. Coverage selected during the open enrollment period becomes effective January 1, 2018. After December 15, 2017, an individual can enroll in Marketplace coverage only if the individual experiences a special enrollment life event.

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2012 Healthcare Exchange Forecast

The law firm McKenna Long & Aldridge LLP has compiled a “Look Ahead to 2012” for exchange watchers that gives a sense of the current landscape, the big decisions to come and what steps, if any, each state may take toward establishing an exchange this year.

Here is an excerpt:

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Wisconsin Halts Health Care Exchange Preparation

Almost as fast as Wisconsin started its preparations for state insurance exchanges under the Affordable Care Act, Republican Governor Walker issued an emergency rule stopping work on the development of a Wisconsin exchange.

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PA Will Create Health Care Exchange

The Corbett administration announced on Tuesday that it was moving forward with developing a state-run insurance exchange.

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BAS Attends AHIP's Healthcare Exchange Conference

BAS President Arthur S. Taylor and General Counsel Marla G. Roshkoff attended the AHIP Conference "Preparing for Exchanges" in Chicago this past Wednesday and Thursday.

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Delay of SBC Effective Date: Welcome news for group health plans and insurers

The three government agencies responsible for the implementation of health care reform (HHS, DOL and Treasury) jointly issued FAQs Thursday addressing the ACA-required Summary of Benefits and Coverage Explanation (SBC). Under the ACA, insurers and group health plans are required to provide an SBC, in easy to understand language, to plan participants, beneficiaries, and other individuals who ask about plan coverage. A plan (or its administrator) that willfully fails to provide an SBC may be fined up to $1,000 for each failure. Proposed guidance issued in August provided a template for plans to use to create an SBC, along with a terms glossary, and set a March 23, 2012 effective date for compliance.

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Findings from MetLife’s Broker and Consultant Study

"To help brokers and consultants as they re-examine their current strategies and explore new ones, MetLife conducted an extensive survey and face-to-face interviews with brokers and consultants who work with employers of all sizes. The results of this research reveal insights into the challenges and concerns brokers and consultants are facing, as well as the different strategies they are considering to sustain profitability and differentiate themselves in a post-health care reform world." To learn more and access the study, go to "Findings from MetLife’s Broker and Consultant Study - Where Do We Go From Here? Prospering in a Post-Health Care Reform World."

For the past 20 years, BAS has been providing insurance brokers and consultants with valuable, leading-edge benefits administration technologies to help attract and retain clients. Brokers interested in setting up their own private exchanges to compete with the State SHOP exchanges, BAS can offer its MyEnroll.com benefits eligibility enrollment and administration portal to help get off the ground quickly.

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Findings from MetLife’s Broker and Consultant Study

"To help brokers and consultants as they re-examine their current strategies and explore new ones, MetLife conducted an extensive survey and face-to-face interviews with brokers and consultants who work with employers of all sizes. The results of this research reveal insights into the challenges and concerns brokers and consultants are facing, as well as the different strategies they are considering to sustain profitability and differentiate themselves in a post-health care reform world." To learn more and access the study, go to "Findings from MetLife’s Broker and Consultant Study - Where Do We Go From Here? Prospering in a Post-Health Care Reform World."

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