Are You Prepared for 2015 ACA Reporting Requirements?
The Affordable Care Act ("ACA") requires new types of annual tax infromation reporting. Are you prepared? If not or just want to know more, please join us at our upcoming Seminar. Learn what's involved and how to comply with the regulations.
EBI will be hosting the ACA Seminar on Tuesday, March 24, 2015.
Please call Alysia at 216-264-2707 to reserve your spot today!
Ohio May Look to Charge Premiums for Some Medicaid Enrollees
Under the Kasich administration, Ohio Medicaid is seeking federal approval to charge premiums similar to those paid by some low-income Ohioans who purchase coverage on the federal health insurance marketplace. Department of Medicaid Director John McCarthy said the proposed premium would fall around $20 per month for newly eligible Medicaid recipients earning 100-138 percent of FPL. This premium proposal looks to appease lawmakers who will support reauthorizing funds for the Medicaid expansion as long as the state looks at ways to help move individuals off the entitlement.
EBI Named to the Weatherhead 100 for 2014!
The Weatherhead School of Management at Case Western Reserve University established the Weatherhead 100 awards to celebrate Northeast Ohio's spirit of entrepreneurship and to reward companies that serve as a beacon to all the region's businesses. Employee Benefits International was honored to receive this prestigious award in 2013, and is doubly honored to receive it again in 2014! Thanks to you, our customers and partners, we were given the opportunity to contribute to our region's growing vibrancy. We couldn't have done it without you!
Ohio Selected to be a SHOP Early-Launch State
The state has been selected by HHS/CMS to be one of the five early-launch states for the new Small Business Health Options Program (SHOP), an online marketplace through which small businesses can purchase health insurance starting this fall.
Beginning October 20, Ohio’s small employers (50 or fewer employees) will be able to browse the SHOP marketplace on HealthCare.gov. Employers can complete the SHOP application, receive an eligibility determination and upload an employee roster. Once qualified health plans are available, about a week before November 15, employers also will be able to browse the plans to determine how much coverage will cost in advance of the November 15 go-live date for online purchasing. Your EBI account manager or executive is happy to assist you with any questions you might have regarding this process.
The early launch will give employers in the five selected states the opportunity to review the site early, while giving HHS/CMS the chance to get feedback on the SHOP marketplace before the nationwide launch on November 15. The other four early-launch states are Delaware, Illinois, Missouri and New Jersey.