9 to 5
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
HR Homework Help: How may the PPACA affect employees
Hi Ladies,
My sister was asked to put together a memo to employees explaining how the 2014 Health Reform Act may affect them. Has this been discussed in your office? TIA!
Re: HR Homework Help: How may the PPACA affect employees
Hey there hope it helps! The new healthcare reform officially known as the Patient Protection Affordable Care Act (PPACA) will have a dramatic effect on the environment of employee benefits in the area of cost, eligibility and program management. This reform has an implementation phase spanning over five years with the last series of changes to be made in the year 2018. Some of the measures will hurt businesses as employee benefits cost will be a greater percentage of payroll. Some of the positive consequences associated with the new healthcare reform law are that there will be more individuals who will now qualify for health insurance. For example, under PPACA a high risk pool will be created and it would provide coverage for those who have pre-existing conditions who have been uninsured for over six months. Older dependents categorized as overage dependents are allowed to remain on an employer?s plan up to age 26. There will be more transparency since plan administrators will be mandated to meet key notification requirements. Most critical is the removal of lifetime limits on what is termed ?not essential health benefits? and requiring plans to cover preventative care services with no cost-sharing by the member except for organizations with grandfathered plans. There are many negative consequences that are associated with healthcare reform. The chief consequence involves interpretation and implementation of the health reform. Specific negative consequences include: requiring a prescription for OTC medicines when using an FSA, insurance companies will need to re-configure the way they handle their claims payment systems and create internal and external appeals process all of which may lead to higher cost of insurance. Organizations will have to decide whether it is beneficially to keep their plans grandfathered. Many organizations will have to consider the cost of offering employee benefits against other programs they currently offer in order to stay competitive.