EBI Receives the 2013 NEO Success Award
We are very proud to announce that EBI has been recognized as a 2013 NEO Success Award winner by Inside Business magazine. EBI was honored as a top-performing company in Northeast Ohio based on a combined measurement of business success in sales, growth and profitability. The growth that prompted our nomination to this prestigious list is fueled by both our loyal, long standing clients and our new clients who seek us out based on our reputation in the worl of employee benefits.
We are grateful to all our clients for their trust in us, and we look forward to a future of continued growth with your support.
HealthCare Reform Update: Obama Adminsitration Delays Choice Option in SHOP Exchange
The New York Times reported on Monday, April 1st, that due to "operational challenges" the choice option will not be available in the federally run exchange program for small employers beginning in January 2014. A key feature of the Small Business Health Options Program (SHOP exchange), the choice option, will enable small group employers to offer their employees a choice of qualified health plans from several insurers, much as larger employers do. In addition the exchange would "consolidate billing so employers can offer workers a choice without the hassle of contracting with multiple insurers." This feature would allow an employer to pay a lump sum to the exchange which will then distribute the money to each insurance company covering its employees.
Administration officials said they will delay the choice option until 2015 in the 33 states where the federal government will be running the exchanges. Ohio is one of the 33 states offering the federally run program.
If you have questions about the Affordable Care Act and how it effects your business, please contact your EBI Client Manager or Account Executive.