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QUICK LINKS:
Revisions to MCC Criteria
MCC Criteria
MCC Regulations
Section 125 Plans
Health Insurance Responsibility Disclosure
Determination of Employer Fair Share
Employer
Surcharge
Connector
Employer Handbook
Broker Commission Approved
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In the latest Connector Update on April 17th, Jon Kingsdale writes "that the Draft Affordability regulations also establish criteria for exceptions to the affordability schedule". Mr. Kingsdale goes on to say that individuals will be able to request exceptions: (1) by applying for a waiver prospectively – on the grounds that the individual cannot afford any available health insurance products; or (2) by filing an appeal retrospectively at tax time.
Criteria include, among other things:
1) Issues of individual hardship generally applicable in financial hardship waivers;
2) Consideration of deductibles beyond those allowed under minimum creditable coverage (MCC) and the net cost of employee contributions made without the benefit of participation in a Section 125 plan; and,
3) Consideration of the timing of open-enrollment decisions on employees’ obligation to participate, given that MCC and affordability standards are only now in the process of being defined and publicly communicated.
Click here for the full Connector Update.
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- SAVE THIS DATE:
June 20th - MassAHU's ANNUAL MEMBERSHIP MEETING
- SAVE THIS DATE:
October
3rd - BENEFEST 2007 will be held at the DoubleTree
Hotel in Westborough, MA. This is the biggest state annual
convention and trade fair for all who specialize in employee
benefits and products. Interested? Call now! Contact
Sheron Gagnon at sgagnon@massahu.org for
exhibitor information.
 Employment
Opportunity...please check out our free
listing service
for MassAHU members. |
