Bad Debt?
An article in the October 7, 2013 New Jersey Spotlight on health care, written by Andrew Kitchenman, addresses the problem of grace period or late payments and its impact upon providers. As we pointed out in our August 23rd blog, this is an issue which will be of major concern to providers. As of now, […]
October 1, 2013 Affordable Care Act/Obamacare Deadline For Employers of ALL Sizes
In accordance with the Affordable Care Act/Obamacare, employers are obligated to provide notification to their employees of the new Health Insurance Marketplaces established by Obamacare no later than October 1, 2013. The notification requirement applies to any business regulated under the Fair Labor Standards Act, which covers all companies with at least one employee and […]
Additional ACA Risks to Provider Cash Flow
For those patients who have obtained their policies through the health care insurance exchanges, where they qualify for federal premium tax credits, under 45 C.F.R. §156.270(d), the insurers are required to keep the policies in effect for a three month grace period should the beneficiary fail to make the premium payments. The insurers, however, are […]
Affordable Care Act Update
With all of the delays to the Affordable Care Act, it is not clear as to the impact on those portions of the Affordable Care Act which are now in effect and those portions that will go into effect on January 1, 2014. As of this point in time, the administration has determined either to […]
Health Care Obligations of Employers Under the Affordable Care Act
For most employers, the most important part of the Patient Protection and Affordable Care Act (commonly referred to as the “ACA” or “Obamacare”) will be the section known as the employer shared responsibility provision. Many media outlets continue to incorrectly suggest that this provision requires employers to provide health insurance to all of their employees. […]
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