Health Care Reform
In 2010, the federal Patient Protection and Affordable Care Act (PPACA), more commonly known as “Health Care Reform” was signed into law. This law implemented sweeping changes that affect employer sponsored health plans. The risks of noncompliance with the PPACA requirements come along with hefty penalties and fines. At Benefit Partners Group, we help each of our clients develop a sound strategy to remain in compliance with all health care reform laws and regulations. Our clients enjoy peace of mind knowing that they are compliant with federal and state regulations because our expert team is on top of it. Our team provides guidance to each and every one of our clients to ensure they meet all the requirements of health care reform.
Each of our clients is also provided access to cutting edge technology to aid in navigating the complexities of healthcare reform requirements. This includes a customized web portal that allows employers to measure, track, and document the variable hours of full time and full time equivalent employees. The technology also ensures that group healthcare coverage meets affordability standards and provides the employer with completed reporting forms, ready to submit to the IRS and distribute to employees.