***REMINDER*** PCORI Fee Due July 31, 2013

Reminder!
PCORI Fee Due July 31, 2013

The Comparative Effectiveness Fees (PCORI fee) applies to fully-insured and self-funded group health and accident plans (with some exceptions) that have plan/policy years ending on or after October 1, 2012. It does not apply to HIPAA excepted benefits or most health FSAs.

These fees will be used to fund the Patient-Centered Outcomes Research Institute. Carriers of fully insured group health plans are responsible for calculating and paying the fee; however, Plan Sponsors are responsible for calculating and paying the fee for self-funded health plans.

The fee for Year One (2012) is $1.00 per covered life per year under the plan (including dependents). Payment is due by July 31 of the calendar year immediately following the end of the plan year. For calendar year plans, 2012 plan year fees must be paid by July 31, 2013.

The PCORI Fee is filed via Tax Form 720, which can be obtained on the IRS website or by contacting your tax advisor.

Countdown to Open Enrollment: 3 things to know…

Healthcare.gov – Countdown to Open Enrollment: 3 things to know about the Health Insurance Marketplace

We’re counting down to October 1, when open enrollment starts for the new Health Insurance Marketplace. You’ll get the information you need to help you learn about your insurance options, apply for coverage, and enroll in a health insurance plan. Coverage starts as soon as January 1, 2014.
Here are 3 things to know:
• The Marketplace is an easier way to shop for health insurance. The Marketplace simplifies your search for health coverage by gathering the options available in your area in one place. With one application, you can compare plans side-by-side and explore any free or low-cost programs you may qualify for. No matter where you live, you’ll be able to use the Marketplace to apply for coverage and enroll. Find the Marketplace in your state.
• Most people can get lower costs. When you use the Marketplace you may be able to get lower costs on your monthly premiums and out-of-pocket costs. When you fill out your application, you’ll find out how much you can save based on your income. Most people who apply will qualify for some level of savings.
• The Marketplace gives you control over your options with clear, apples-to-apples comparisons. In the Marketplace, information about prices and benefits is written in simple language. You get a clear picture of what premiums and protections you’d get before you enroll. You can compare plans based on what’s important to you, and choose the combination of price and coverage that fits your needs and budget.
Be sure you and your friends are ready to take advantage of this great opportunity starting October 1! Spread the word—explore the Marketplace, and get ready to enroll!
Learn more about the Health Insurance Marketplace.

Wondering when Marketplace plan costs will be available?

from Health Insurance Marketplace:

http://content-dc2.govdelivery.com/accounts/USCMSHIM/bulletins/83fd95

BCC’s “ACA Essentials” Updated!

Download it now:

ACA Essentials BCC 7.18.13

Obamacare Rule to Verify Income Levels is Scrapped

Sharing a link:
http://www.newsmax.com/Newsfront/obamacare-income-levels-federal/2013/07/07/id/513650?s=al&promo_code=1413E-1

FROM – The Centers for Medicare & Medicaid Services (CMS). WEBSITE REDESIGN!

Welcome to the new HealthCare.gov

Health insurance is changing in 2014 — so we’ve updated HealthCare.gov to help you get ready for the Health Insurance Marketplace.

Our mission is to help you understand your health coverage options so you can enroll in a plan that meets your and your family’s needs. And if you run a small business, we’ll help you find a plan that works for you and your employees.

Self employed? We’ve got that covered too.

New features include:
•The most important health insurance info at your fingertips — just answer a few fast questions and we’ll provide you with a personalized list of coverage options, content you’ll want to read, and a checklist to help you get ready
•An easy-to-understand question and answer format, with content based on the most common questions we hear
•A simpler site structure and powerful search features that make it easy to find what you’re looking for
•A seamless HealthCare.gov experience on your mobile device, tablet, laptop, or desktop computer

When open enrollment starts on October 1, 2013, you’ll be able to apply, compare plans, and enroll. Coverage starts as soon as January 1, 2014
Learn more about the new HealthCare.gov