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Healthcare Legislation

Healthcare Legislation (85)

Monday, 16 November 2020 13:38

Proposition 118 Has Passed in Colorado

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While there were many uncertainties on election night this November, we did learn that Colorado voters passed Proposition 118 for Paid Family and Medical Leave. The new law will require employers state-wide to provide 12 weeks of paid time off for certain family situations beginning in 2024.
Friday, 09 October 2020 10:59

Medical Loss Ratio Rebates

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The Medical Loss Ratio obligations under the ACA cap the percentage of premium dollars health insurers may use for administration, marketing, and profits. If a health insurer collects more than the allowed amount for these spending categories, they must provide a rebate to affected groups. A few of the medical…
The COVID-19 outbreak in 2020 has created new challenges for families and employers, and has sparked much discussion about a more formal Family and Medical Leave policy. On the upcoming Colorado November ballot is Proposition 118, which introduces a Paid Family and Medical Leave Insurance Program for eligible employees with…
After Colorado’s Legislature returned in late May to one of the most unusual legislative sessions in recent history, a flurry of bills was introduced and passed in an abrupt end to the legislative cycle. Among the approved pieces of legislation was SB-205 or “Healthy Families and Workplaces Act” requiring new…
There’s no doubt that the COVID-19 pandemic has created various financial constraints on Americans. From job losses and furloughs to the need for continued healthcare coverage and tax savings, our communities are feeling the pain. To provide some economic relief, the IRS and Department of Labor (DOL) recently released more…
Friday, 15 May 2020 12:25

The CARES Act Student Loan Deferment

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To help ease some of the financial stress many Americans are facing due to the Coronavirus pandemic, the Federal Government passed the Coronavirus Aid, Relief, and Economic Securities Act, or the CARES Act in late March. The CARES Act was responsible for a number of programs including the stimulus checks…
Friday, 17 April 2020 14:08

A Summary of the COVID-19 Relief Acts

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Life has become more challenging for most of us as we sift through the various demands COVID-19 has added to our work and personal lives. The financial concerns of individuals and companies is just one area of added stress we’re facing. Since March 4, 2020, there have been four COVID-19…
Most HR professionals are aware that the ACA’s individual mandate no longer exists, meaning that most Americans will no longer need to verify on their 2019 tax return that they had health insurance. Not all are aware, however, that there are five states plus the District of Columbia where your…
On October 23, 2019, The House Ways and Means Committee voted to send two bills to the House floor for a vote that could favorably impact healthcare consumers.
Many employers are offering High Deductible Health Plans (HDHPs) to their workforce these days, and they sometimes express concern that members with chronic conditions may delay much-needed routine care because of the financial burden they experience while meeting their deductible. Good news is on the horizon! On July 17, 2019,…
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