Healthcare Legislation (85)
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.
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Healthcare Legislation
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…
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Healthcare Legislation
Thursday, 17 September 2020 22:08
Proposition 118: Paid Family and Medical Leave Insurance Program
Written by Juliet Fitzgibbons
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…
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Healthcare Legislation
Thursday, 18 June 2020 17:10
Colorado Paid Sick Leave Bill Passes the Legislature
Written by Adam Wright
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…
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Healthcare Legislation
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…
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Healthcare Legislation
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…
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Healthcare Legislation
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…
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Healthcare Legislation
Monday, 02 December 2019 08:16
Individual Mandate Repealed, but Not for These States
Written by Jon Wanczyk
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…
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Healthcare Legislation
Friday, 08 November 2019 11:22
Proposed Healthcare Bills Impacting Tax-Favored Accounts
Written by Colin Powers
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.
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Healthcare Legislation
Friday, 16 August 2019 10:18
IRS Expands List of Preventive Services for HDHPs
Written by Jon Wanczyk
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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Healthcare Legislation
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Monday, 10 June 2019 15:26
Don’t Forget to Submit Your PCORI Fees by July 31st
Written by Amy De Lorenzo
The Patient Centered Outcomes Research Institute (PCORI) fee is due July 31, 2019 for employers with any type of self-funded plan and/or a Health Reimbursement Arrangement. The fee helps fund unbiased research that evaluates the clinical effectiveness of medical treatments regardless of the profit potential. This fee is also known…
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Healthcare Legislation
While the legislative session in early 2019 included proposals in civil rights, economic security, and educational programs, there was also a large focus on healthcare initiatives. Coloradans continue to express concern about the affordability and access to quality healthcare coverage, and the state legislators believe they are making important strides…
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Healthcare Legislation
Over the past year, Fall River has seen an increase in a provider practice called “surprise medical billing” or “balance-billing.” Out-of-network providers will bill the patient even though they were seen at an in-network hospital and had no choice in who they were treated by. We have been anxiously awaiting…
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Healthcare Legislation
Guest Article by Michele J. Wagner, SHRM-SCP The Colorado Legislature adjourned its 72nd session May 3, 2019, passing numerous bills affecting Colorado employers and employees. As of this writing, these bills were passed by the Legislature and sent to Governor Polis for signature. Below is a summary of the bills…
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Healthcare Legislation