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Medical Care Choices
Posted on: December 18, 2014Categories: HR & ComplianceHealth care costs are rising significantly, greatly impacting the price you and your employer pay for your health benefits. takes its responsibility to provide you with quality, affordable benefits seriously. You, too, must think carefully about how you use those benefits. Managing your personal health care expenses is one way you can help to keep costs down. The role you play in managing health care costs is simple: Spend your health care dollars wisely. Each time you go to a medical provide ...
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Wise Use of the Emergency Room
Posted on: December 16, 2014Categories: HR & ComplianceAn emergency is life-threatening and requires immediate care. Call 911! Be sure to bring along identification, insurance cards, medication and health history information. Examples of an Emergency: Not breathing/having difficulty breathing Choking – unable to dislodge item Heart attack or stroke Broken bones Severe bleeding or burns Shock Situations for Routine/Self-Care at Home: Minor cuts and sprains Fever of 102° F or below Headache Sore throat Upper respiratory infection Co ...
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Pay or Play Penalty—Multiemployer Plans
Posted on: December 15, 2014Categories: HR & ComplianceThe Affordable Care Act (ACA) imposes “pay or play” requirements on applicable large employers. Under these requirements, applicable large employers that do not offer health coverage to their full-time employees and their dependents, or that offer coverage that is either unaffordable or does not provide minimum value, may be subject to a penalty. This penalty is also referred to as a “shared responsibility payment.” On Feb. 12, 2014, the IRS published final regulations on the ACA’s em ...