Marshall and Sterling

Health Care Reform

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Health Care Reform
The new landmark health reform legislation brings new responsibilities for employers, as well as future considerations for those offering company-sponsored health benefits.

The Patient Protection and Affordable Care Act (H.R. 3590 - PPACA), signed into law enacts the most sweeping change in U.S. social policy in over a half century. Right now employers need to understand what exactly is in the law and what provisions will have the greatest impact on them. Marshall & Sterling's team of benefits experts will continue to monitor and advise you about all aspects of health care reform.
 
What Employers Need to Know
After a detailed analysis of the Patient Protection and Affordable Care Act, Marshall & Sterling has identified some key provisions that could have significant impact on all employers and employer-sponsored health benefits plans. Below are some links to expanded information provided for employers with existing plans. Additional requirements will apply to employer plans adopted after enactment. Although many of the provisions in the bill will not go into effect until 2014, and in one case 2018, some take effect the first plan year following six months after enactment.

Employer Mandates
Employers who employ more than 200 employees must automatically enroll new full-time employees in coverage. Employers must also provide employees with an opportunity to opt-out of coverage. Clarification on the effective date of this provision is forthcoming.

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