Front and center in health care reform is the employer mandate: Large employers have to offer health coverage to full-time employees or pay a penalty, starting in 2015.
Will you pay or play? It’s not as simple as it sounds. MB uses a three-step process to help you determine whether you should keep your plan or send your employees to the marketplace.
- Employer impact: We take you through the financial aspects, including tax issues and fees. But beyond that, we recognize the overall value of benefits is harder to quantify. It’s part of your corporate identity – it’s personal.
- Employee impact: We’ll draw up a financial model for each employee, comparing costs and plans under both options, and taking subsidies into account.
- Employee communication: HCRoptions.com is our pioneering technology that can quickly determine the options available to each of your employees, based on your organizational decisions and their personal information, along with costs and subsidy eligibility. This MB-developed tool to help employees navigate HCR has garnered national attention.
So, are you ready to play?