By the end of the month, the US Supreme Court will decide a case critical to the impact of the Affordable Care Act (ACA) on our customers. All eyes are on King v. Burwell, an appeal from the 4th Circuit Court of Appeals. The issue is whether individuals in the 34 states that opted not to build their own state exchanges are eligible for the subsidy provided by the ACA. The case challenges the IRS regulation that provides a subsidy for all qualified recipients regardless if it’s a state or federal exchange. The challengers believe that the IRS exceeded its authority by effectively changing the legislative intent of the ACA to only extend the subsidy to “State Exchanges.”
Jen Daniel, Assistant Vice President Business Development, Engagement and Excellence at Businessolver attended the LIMRA 2014 Group & Worksite Benefits Conference to learn about Managing Continuous Change
Kristin Runyan, Businessolver Vice President of Product Development, already has an impressive list of accolades to her name as an influential woman of information technology (IT) development, including being a Certified Scrum Master (CSM), Scrum Product Owner (CSPO), Pragmatic Marketing Product Manager, and Project Management Professional (PMP), and was awarded the Women of Innovation award from the Technology Association of Iowa.
Private exchanges are being hailed as the ultimate solution for consumerism. After all, a high number of plan choices translates into a greater likelihood that employees have access to a plan that is exactly right for them...right?
The WorldatWork Total Rewards Conference & Exhibition was held in Dallas, TX on May 19 - 21. The conference is a forum designed to provide an opportunity for human resources professionals to connect, innovate and learn about total rewards, including compensation, benefits, and work-life balance.
Unless you’ve been living under the proverbial rock, you’ve undoubtedly heard plenty about ACA time tracking regulations – enough to confuse and overwhelm you. You may have heard that you need to measure every employee. Or maybe you’ve heard that you need to track and measure every employee record. How are you supposed to do that?! With all of the information and well-meaning advice out there, it’s tough to know the difference between fact and fiction.
Cheers! We've reached D-Day - or Deadline Day for the Affordable Care Act (ACA)...sort of...unless you need more time, but that's for a different post.
This week marked the completion of the 2nd annual Human Resource Executive® Health & Benefits Leadership Conference in Las Vegas. The conference proved to be packed with dynamic presentations regarding topics that will drive organizational change in the near future.
With nearly 70 leading product and service providers on display in the expo hall, and engaging classroom sessions intended to deliver a superior learning experience, there was a lot of engagement happening at the conference. Among all of the unique voices, we heard some consistent themes, including:
WEST DES MOINES, IA – Companies, individuals, and state and federal government agencies are preparing for Annual Enrollment 2014 to come to a close. When the enrollment period ends, the public will be left with many unanswered questions and in search of clarity when it comes to benefits. Businessolver, a company for mid to large-market employers is bridging that gap, answering those questions and changing the way people view, think about and enroll in benefits.
“The public has heard a lot of negativity about health care coverage and benefits enrollment thanks to technical challenges with the healthcare.gov website,” said Jon Shanahan, Businessolver President and CEO. “It’s not all doom and gloom out there and people are getting the coverage they need, easily accessing it on systems like Benefitsolver. Even though they’re enrolling they might not understand what they have access to and are being offered. Studies show people put buying insurance in the same category as planning their own funeral so we know we have some work ahead of us in helping change that perception.”
There’s a lot of chatter out there right now about the fact that our federal healthcare exchange website isn’t working. We aren’t a bit surprised that the healthcare.gov site has been struggling to keep up with these enrollment numbers. However, it isn’t all doom and gloom. Maryland’s exchange, Maryland Health Connection, increased their enrollment numbers to about 2,393 as of Oct. 18 and Kentucky’s exchange enrolled 15,803 individuals in coverage as of Oct. 21. It’s annual enrollment time here and our focus has been on peak performance – today 14,272 employees have enrolled in their benefits – the average page response time has been .59 seconds with over 700,000 web page views.
We certainly aren’t pointing fingers –perhaps the difference is a nimble, agile 300-person company with a focus and priority of delivering what we say we’re going to do. Having the flashy marketing messaging is secondary for us. Simply put: our clients hire us to so their “employees can enroll in benefits” – that’s what we do best.