Cloudjourney
Networker
Good Morning,
Our medical insurance for the company renews in July. Policy premiums are dictated by a table format based on age of the employee and age of dependents due to ACA. We used to cover 90% of the HMO plan premium for the employee and they would cover difference of whichever plan they chose and their dependents. This structure worked well over the years and we would like to continue with a flat rate employer contribution structure if possible.
My question is does anyone have any suggestions for an employer contribution structure with the new ACA regulations. I'm trying to get a feel for what other Practices are doing; just to start a dialogue would be great.
Thanks,
Ann
Our medical insurance for the company renews in July. Policy premiums are dictated by a table format based on age of the employee and age of dependents due to ACA. We used to cover 90% of the HMO plan premium for the employee and they would cover difference of whichever plan they chose and their dependents. This structure worked well over the years and we would like to continue with a flat rate employer contribution structure if possible.
My question is does anyone have any suggestions for an employer contribution structure with the new ACA regulations. I'm trying to get a feel for what other Practices are doing; just to start a dialogue would be great.
Thanks,
Ann