Measuring Full-Time Equivalents

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Half of our job is dispelling myths about the Affordable Care Act.  One of the confusing things about this law is the difference between a full-time employee and a full-time equivalent. The important difference is one has to be offered health insurance and the other does not. A full-time employee is one who works more than 130 hours per month for 90 days under the law. A full-time equivalent is a person or persons who works 30 hours per week or 120 hours per month for 90 days.  Why is this important and how does this work?

SeanMcGuire

Sean McGuire was working for the U.S. Senate Finance Committee when the thoughts of health reform began. He is the founder of E.D. Bellis a healthcare consultancy and host of America's Healthcare Challenge. To hear Sean speak contact info@edbellisinc.com.

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AIRTIN500 Error

Managing AIR TN500 Errors Matters in 2016

Has your organization received notification from the IRS that one or more of your 2016 1094-C and/or 1095-C forms contained incorrect employee Taxpayer Identification Numbers? Even if you have not received one yet, there is a very good chance that you might since the season for these dreaded and difficult I.R.S “AIRTN500 Error” messages is…

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Latest Tidbits

I had the opportunity last week to appear on a nationally syndicated business talk show out of Minneapolis to discuss the latest developments related to health reform.  The robust conversation on the Josh Tolley show covered the impact the Affordable Care Act will have on small business.   How will the fiscal cliff will impact…

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Health Reform Explained

Is This A Joke?

In another attempt to extinguish a smoldering fire burning the Administration, the President went on the defensive again by issuing a one year extension of existing insurance plans to those losing coverage under the Affordable Care Act.  That is if the state insurance commissioners and health insurance companies want to dust off old policies that they have scrapped for the new healthcare reform law.

SeanMcGuire

Sean McGuire was working for the U.S. Senate Finance Committee when the thoughts of health reform began. He is the founder of E.D. Bellis a healthcare consultancy and host of America's Healthcare Challenge. To hear Sean speak contact info@edbellisinc.com.

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IRS Money

IRS Reporting Deadline Extension

In yet another surprising move during a snowy holiday break, everybody’s favorite agency of government, the Internal Revenue Service, gave applicable large employers more time in 2016 to file their “Official Employer Report” and notify employees of coverage availability.   Context   This is important for two reasons. First, the government has to track those…

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Interview with Senator John Barrasso

Earlier this week the non-partisan Congressional Budget Office released an updated cost estimate of the Affordable Care Act commonly referred to as Obamacare.  Earlier this year, CBO anticipated the cost to be nearly twice expensive as originally anticipated.  The new score tells a different story, contrasting with the previous one, and reflecting the impact of…

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Interview with Charles Grassley

On Thursday afternoon, I caught up with Senator Charles Grassley (R-IA), who is one of the more influential members of the Senate when it comes to health care issues.  As Chairman and Ranking Member of the Senate Finance Committee, Grassley was influential in passing numerous health care bills including the Medicare Prescription Benefit and others.…

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Business Owners

Insurance Market Reforms: An Outlook for Individuals and Small Businesses

The most significant changes to our healthcare system came through insurance regulatory changes, and when comes to insurance post Affordable Care Act, the individual marketplace lays the groundwork for the group marketplace. Many American’s are receiving premium increases. Premium changes in the ACA state based marketplaces are driven by many new factors. The most important…

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In Too Deep

Moving beyond the debacle of October, we are going to begin focusing on solving the problem.  Like I have said multiple times, E.D. Bellis is over the politics associated with healthcare because this should be an individual issue since we will all be affected differently.  As a nation we need to focus on curbing healthcare costs.

SeanMcGuire

Sean McGuire was working for the U.S. Senate Finance Committee when the thoughts of health reform began. He is the founder of E.D. Bellis a healthcare consultancy and host of America's Healthcare Challenge. To hear Sean speak contact info@edbellisinc.com.

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