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Corporate Compliance
Risk Advisor

Healthcare Reform

The healthcare reform law, a/k/a the Affordable Care Act (a/k/a Obamacare) changes how we will pay for and receive health care. The law has two main goals:

  1. Extend health insurance coverage to all Americans.
  2. Slow the rise of health care costs by improving the delivery of services and treatment outcomes.

The law is massive and cannot be covered in its entirety here. Topics covered here focus on issues of interest to employers. As you read the summaries, please keep the following points in mind:

Corporate Compliance Risk Advisor offers clients general information on complying with this new law. If you or your company needs assistance in understanding how the new law affects your group health plan and employees, please email for an appointment.

Employer Checklist for 2015

  1. General Information (PDF)
    1. 90 days waiting period
    2. Community rating of premiums
    3. Non-discrimination under ACA
  2. Individuals (PDF)
    1. Individual penalty
    2. Individual exemptions to penalty
  3. Small Employers (PDF)
    1. Federally facilitated Exchange - SHOPs
  4. Large Employers (PDF)
    1. Employer penalty
    2. Large employer – 6056 reporting
    3. Minimum value of employer GHP
    4. Look Back Measurement Method