Overview: Health care insurance provides protection against the risk of medical expenses and generally provides coverage for doctor visits, hospital stays, medicines and other medical expenses defined in the contract. Issuers of group health insurance can assess the risk associated with an employer's group and develop a financial arrangement typically in the form of a monthly insurance premium.
A health insurance policy or contract is a written document that defines the type and amount of health care services covered, and, if both parties agree, are renewable on a periodic basis, usually annually. In employer group health plans, employees usually share the cost of their health plan with their employer by paying their share of premium contributions and by paying deductibles, co-payments and co-insurance.
Author: Tracy Morley, SPHR, Legal Editor
The Affordable Care Act Cadillac tax that was to go into effect in 2018 has been postponed to 2020.
Affordable Care Act information-reporting due dates for 2015 have been extended.
The Affordable Care Act's automatic enrollment provision was repealed by the Bipartisan Budget Act of 2015.
The IRS has launched a helpful new resource on its website chock full of information for employers that qualify as applicable large employers (ALEs) under the Affordable Care Act - ACA Information Center for Applicable Large Employers (ALEs).
Various amendments to Oregon's health care benefits and health care continuation coverage laws took effect in June.
The Pulaski County Circuit Court has ordered Arkansas to recognize the same-sex marriages performed in the state between May 9 and May 16, 2014.
The Supreme Court recently heard arguments in a case that could decide the future of the Affordable Care Act. XpertHR takes you inside the courtroom for a unique perspective on this hotly-debated issue in King v. Burwell.
The Supreme Court heard arguments on March 4 in a hotly-debated Affordable Care Act case which affects the future of the 2010 health care law. At stake in King v. Burwell is whether Congress intended nationwide tax credits when it passed the ACA, or whether tax subsidies were only meant for purchases on a state-run exchange established by a state.
Employers seeking to advise employees who is eligible to participate in medical and dental insurance, whether and to what extent coverage may extend to spouses and other family members and when benefit selections should be made should consider including this model policy statement in their handbook.
Updated to reflect the two-year delay in implementing the Affordable Care Act's Cadillac tax.
HR guidance on the importance of understanding health care insurance.