OB AMAC ARE WEBINAR E V E RY T H I N G E M P L OY E R S N E E D TO K N OW

PHAIDON INTERNATIONAL

Micro-Specialist Recruitment Group of 8 Specialist Recruitment Brands

AGENDA

– Affordable Care Act (ACA) Overview

– The Many Phases of the ACA

– First Phase – Complete?

– Second Phase – Current Challenges

– Third Phase – On the Horizon

– Special Issues for the Employer Mandate

– Fact or Fiction? The Application

– Cost Reduction Strategies Being Considered by Some Employers

– Q&A

#ObamaCare

THE PANEL

CARRIE BYRNES

Employee Benefits & Executive Compensation

Attorney

Bryan Cave LLP, Chicago

CARRIE HERRICK

Employee Benefits & Executive Compensation

Attorney

Bryan Cave LLP, St. Louis

AFFORDABLE CARE ACT(ACA) OV E RV I E W

#ObamaCare

WHO IS COVERED? WHO IS NOT?

#ObamaCare

KEY FEATURES

Mandated Coverage for Individuals

A.K.A. the “Individual Mandate”

• Taxes apply for non-compliance

• Government subsidies (tax credits and cost sharing) will assist lower income

individuals obtain coverage

#ObamaCare

KEY FEATURES

Expanded Coverage/Market Reforms

• Coverage Limitations Restricted

– Insurers and, in many cases, self-funded plans must offer coverage without

pre-existing conditions, annual or lifetime limits or other limitations

• Employer “Play or Pay”

– Employers must provide affordable, minimum value coverage or pay tax

– Small employer exception (generally under 50 employees (under 100 for

2015 if certain requirements met))

– Employers who provide coverage may still be subject to tax if coverage is

insufficient (i.e., unaffordable and/or not minimum value) and lower

income employees obtain coverage through the exchange

#ObamaCare

RESTRICTED CONTENT

Interested in this topic?

Download the full ObamaCare Webinar SlideDeck here

What’s included?

• Affordable Care Act (ACA) Overview

• The Many Phases of the ACA: Laws, effective dates and consequences of non-

compliance

• Special Issues for the Employer Mandate

• Cost Reduction Strategies