Medical Loss Ratio Rebates Dependent Coverage Summary of Benefits & Coverage Patient-Centered Outcomes Research Fee Additional Requirements ‹ Back to Overview Flexible Spending Account Annual Limit Medicare Tax on Wages & Unearned Income Form W-2 Reporting Employee Notice of Exchange Additional Requirements Stay Informed Annual Dollar Limits, Waiting Periods & Pre-existing Conditions Employer Shared Responsibility Wellness Incentives Automatic Enrollment & Nondiscrimination Additional Requirements Excise Tax on High-Cost Plans Employee Notice of Exchange
March 1, 2013 – postponed What is the requirement?
Employers must provide new and current employees with a notice describing availability of Exchange coverage (postponed).*
*This notice requirement has been postponed, with an expected compliance date of late summer or fall of 2013, which will coordinate with the open enrollment period for Exchanges.
What's the impact on your business?
The Notice of Exchange requirement will affect your Employee Communications.
How ADP can help
ADP’s Human Capital Management solutions help:
Aid compliance with exchange notice requirements Reduce administrative burden of communicating exchange options to employees Empower employees with access to Employee & HR Service Center Learn more about our Affordable Care Act solutions for businesses like yours.
Related Information
“Health Insurance Exchanges” – From Eye on Washington
“Employee Benefits Communications: There’s Room for Improvement” – From ADP Research Institute: “Healthcare Programs: Employee Benefits Selection Can Be Made Easier Through Technology”
...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
For plan years beginning on or after January 1, 2014, permitted wellness incentives increase from 20% of cost of coverage to 30% (up to 50% if the wellness program is established for the purpose of tobacco use prevention or reduction).
What's the impact on your business?
Wellness Programs can affect Benefits Administration within your organization.
How ADP can help
ADP’s Human Capital Management solutions help:
Reduce employer costs of healthcare Improve employee engagement and accountability for healthcare costs Gain access to wellness best practices and business case templates for investment Learn more about our Affordable Care Act solutions for businesses like yours.
YOU ARE CATTLE...A CLUMP OF CELLS....NOT HUMAN....JUST CAPITAL AND YOU ARE NOW TOTALLY GOVERNMENT MANAGED...
ARE YOU HAPPY? momma did say she was gonna buy you a fu(king mocking bird....and here it is
...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
Requirement: Most taxpayers must obtain minimum essential coverage for themselves and their dependents or be subject to tax penalties.
Small Group Coverage Reform
Requirement: Includes changes to the existing rating methodology, provides certain plan-design limits on deductibles and out-of-pocket maximums, and features a comprehensive package of items and services known as “essential health benefits.”
Insurance-Carrier Industry Fee
Requirement: Fee for fully insured plans to fund insurance exchange subsidies begins.
Reinsurance Fees
Requirement: Reinsurance fees begin (through 2016) for all employers providing coverage to fund state programs to stabilize premiums in the individual market.
fu(king priceless....another government ponzi....
...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
CBO predicts 2013 budget deficit $200 billion below its February estimate.
Quoted Text
WASHINGTON (AP) — A new government estimate says the budget deficit for the current year will come in well below what was projected just a few months ago.
The Congressional Budget Office study predicts a 2013 budget deficit of $642 billion, more than $200 billion below its February estimate.
CBO says higher tax revenues and better-than-expected bailout repayments by mortgage giants Fannie Mae and Freddie Mac are the key reasons for the improved outlook.
The deficit picture is expected to continue to improve next year and beyond, with the 2015 deficit now projected at $378 billion, just 2.1 percent of the economy.
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
January 1, 2013 Retiree Prescription Drug Expenses
Requirement: No deductions allowed for employers that receive federal subsidies for retiree prescription drug expenses.
December 31, 2013 HIPAA Certification
Requirement: Employer group health plans must certify that the plan’s data and information systems are in compliance with HHS rules for certain electronic transactions.
Learn more about our Affordable Care Act solutions for businesses like yours.
...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
May 14, 2013 Updated Budget Projections: Fiscal Years 2013 to 2023 May 14, 2013 read complete document (pdf, 215 kb) If the current laws that govern federal taxes and spending do not change, the budget deficit will shrink this year to $642 billion, CBO estimates, the smallest shortfall since 2008. Relative to the size of the economy, the deficit this year—at 4.0 percent of gross domestic product (GDP)—will be less than half as large as the shortfall in 2009, which was 10.1 percent of GDP.
Because revenues, under current law, are projected to rise more rapidly than spending in the next two years, deficits in CBO’s baseline projections continue to shrink, falling to 2.1 percent of GDP by 2015. However, budget shortfalls are projected to increase later in the coming decade, reaching 3.5 percent of GDP in 2023, because of the pressures of an aging population, rising health care costs, an expansion of federal subsidies for health insurance, and growing interest payments on federal debt. By comparison, the deficit averaged 3.1 percent of GDP over the past 40 years and 2.4 percent in the 40 years before fiscal year 2008, when the most recent recession began. During the next 10 years, both revenues and outlays are projected to be above their 40-year averages as a percentage of GDP (see figure below).
Total Revenues and Outlays
For the 2014–2023 period, deficits in CBO’s baseline projections total $6.3 trillion. With such deficits, federal debt held by the public is projected to remain above 70 percent of GDP—far higher than the 39 percent average seen over the past four decades. (As recently as the end of 2007, federal debt equaled 36 percent of GDP.) Under current law, the debt is projected to decline from about 76 percent of GDP in 2014 to slightly below 71 percent in 2018 but then to start rising again; by 2023, if current laws remain in place, debt will equal 74 percent of GDP and continue to be on an upward path (see figure below).
Federal Debt Held by the Public
Such high and rising debt later in the coming decade would have serious negative consequences: When interest rates return to higher (more typical) levels, federal spending on interest payments would increase substantially. Moreover, because federal borrowing reduces national saving, over time the capital stock would be smaller and total wages would be lower than they would be if the debt was reduced. In addition, lawmakers would have less flexibility than they would have if debt levels were lower to use tax and spending policy to respond to unexpected challenges. Finally, a large debt increases the risk of a fiscal crisis, during which investors would lose so much confidence in the government’s ability to manage its budget that the government would be unable to borrow at affordable rates.
CBO’s estimate of the deficit for this year is about $200 billion below the estimate that it produced in February 2013, mostly as a result of higher-than-expected revenues and an increase in payments to the Treasury by Fannie Mae and Freddie Mac. For the 2014–2023 period, CBO now projects a cumulative deficit that is $618 billion less than it projected in February. That reduction results mostly from lower projections of spending for Social Security, Medicare, Medicaid, and interest on the public deb
nano technology will make sure...so will your employer with bio-info....
you still haven't connected the dots or your faith in your government religion is such that logical outcomes don't make sense to you
Most of the sheople have NOT connected the dots....either because they are unaware or just plain STUPID!!!
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
Hahaha...we're paying off our debt with devalued currency! Why not print off enough money to pay off the debt, distribute it equally to every tax paying citizen, then tax that money at a 100% rate and pay the debt off? Walla! No debt! What a joke!
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