As expected, the Republican Party promises massive changes to the Medicare and Medicaid programs if former Massachusetts Gov. Mitt Romney and Rep. Paul Ryan (R-Wisconsin) are elected president and vice president.
The change comes after Aetna late last year canceled its contract with Rush to provide care to Aetna patients, effective January 1. Rush refused to accept a roughly 30 percent cut in reimbursement rates.Read More
Under the Patient Protection and Affordable Care Act, employers are to be assessed $2,000 per full-time employee if they do not offer coverage to employees in 2014. Regulators have yet to issue definitive guidance on the penalty.Read More
The first-year assessment paid by very large employers—those with at least 100,000 employees—will run into millions of dollars, for which employers will receive no direct benefit.Read More
Eighty-eight percent of employers surveyed by Towers Watson & Co. said they have no plans to terminate coverage in 2014 or after for full-time employees, while 11 percent were not sure. Just 1 percent said they planned to terminate coverage for some employees.Read More
The state's Fair Share Law is alive and well, and companies with any employees in Massachusetts may be required to follow it.Read More
The law ran afoul of protections against impairment of government contracts because teachers received three percent less in pay by paying into a fund than the amount the teachers and their employers agreed upon as part of teachers' contracts.Read More
One challenge for middle-market companies is the U.S. Department of Labor has yet to finalize the regulations implementing the mandate in Section 1511 of the Patient Protection and Affordable Care Act. In fact, the labor department already has said that its automatic enrollment guidance will not be ready to take effect by 2014. Read More
While mobile device use in and outside of the office is still too new to know the long-term impact on employees, this reality holds true: Workplace injuries can leave your company at a competitive disadvantage.