New Crawford Advisors Webinar: Understanding Copper & Skinny Plans - ACA Impact and Guidelines

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Crawford Advisors senior counsel reviews the new “Copper” plans proposed to current metal levels and recent "Skinny" plan offerings, and discuses the impact on employers.

Crawford Advisors, LLC Group Benefits & Compliance Experts

Crawford Advisors, LLC Group Benefits & Compliance Experts

Crawford Advisors invests in technology and expertise to deliver the best value for our clients' health and welfare benefit programs.

Join Crawford Advisors senior counsel, Patrick Haynes, as he reviews a few interesting changes to The Affordable Care Act and how they may affect employers. There is the potential for a new addition to the existing PPACA suite of offerings on the government exchanges (i.e. Platinum, Gold, Silver and Bronze).

These potentially new “Copper” plans may have higher deductibles in order to be more “affordable.” This is a significant reversal as policies with these higher deductibles were cancelled by insurers after the ACA. Another interesting development is that the maximum deductible limits for 2014 and 2015 have now been removed for the majority of employer groups (even small groups). This means that plans can be a bit more creative with their structure so long as they hit all the PPACA requirements and still stay under the 2014 and 2015 Out-of-Pocket maximums. (For 2014, the Out-of-pocket maximums still mirror those of HDHPs. Beginning in 2015, they are indexed separately).

Attorney Haynes will also discuss “MEC” or "Skinny" plans. Descriptions of these have appeared in The Wall Street Journal, SHRM Publications, and Kaiser Family Foundation News Briefs, among others. Recently, several large employers have begun offering these less expensive, no-frills plans that are expected to cut costs for employers and employees who don't incur substantial medical bills. Topics for this complimentary webinar include:

  • Who is sponsoring the bills and is The White House in favor of them?
  • Are the insurance companies in favor of these potential “Copper” plans?
  • Do “MEC” and “Skinny” plans satisfy the ACA’s requirements?
  • Do “MEC” and “Skinny” plans satisfy coverage under the individual mandate?
  • What are the differences in the penalties when “MEC” and “Skinny” plans are offered?
  • How much can an employer save offering “MEC” and “Skinny” plans?

Webinar Date: Wed, Apr 30, 2014 12:00 p.m. - 12:30 p.m. EDT (This webinar will also be made available on demand.)

Click here to register.

​Open to all HR professionals - but not brokers, agents, or TPAs.

About Crawford Advisors, LLC

Crawford Advisors is one of the nation's largest and best-equipped full-service benefits consulting and brokerage firms. The firm has invested heavily in technology to ensure its expert team can provide sophisticated solutions and comprehensive services to furnish the best value for each company’s health and welfare benefits. Call 800-451-8519 for a complimentary executive consultation.

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Reagan Crawford
since: 10/2011
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