Sorting through the bureaucratic language of the recently released Patient Protection and Affordable Care Act (PPACA) is tough enough while simultaneously trying to understand how to proceed in implementing these health care reform provisions.
To help employers quickly understand your obligations under the Patient Protection and Affordable Care Act, United Benefit Advisors has highlighted the most crucial components of five PPACA proposed rules. The proposed rule summaries cover the five areas of:
• Essential Benefits
• Insurance Market Reforms
• Benefit and Payment Parameters
• Multi-State Plan Program
Please keep in mind that all three rules are still in the "proposed" stage. This means that 1) the public has the right to comment on the proposed rules over the next 30 to 60 days and 2) it is very possible that some changes will be made when the rules are finalized.
Download any or all of the above proposed rule summaries:
In addition to understanding the proposed rules, employers may also be struggling with general PPACA compliance. UBA has also produced the PPACA Advisor Executive Summary, “Preparing for 2014: A Snapshot for Employers,” which includes:
• An overview of PPACA
• Decisions employers need to make regarding PPACA
• Obligations employers must fulfill between now and 2014
UBA Partner Firms are also offering intensive PPACA decision support to employers based on the size of their company and have three comprehensive decision guide tools, depending on number of employees.
The UBA 2012 Health Plan Survey also shows changes to plans that carriers are already making to comply with PPACA. For instance, as a result of PPACA, 91.7 percent of all plans now offer an unlimited lifetime maximum benefit compared with 81.3 percent in 2011 and just 16. 1 percent in 2010.
Be sure to download the Health Plan Survey Executive Summary to learn about health care reform and other general health plan trends from the largest benefits benchmarking survey available.