Mental Health Parity: FAQ 38
The Mental Health Parity and Addiction Equity Act (MHPAEA) applies to employers with at least 51 employees offering a group health plan that includes any mental health and substance use disorder (MH/SUD) benefits. MHPAEA also applies to non-grandfathered insured plans in the small group market.
Republicans Delay a Vote on BCRA
It has been a busy week in Washington. The Congressional Budget Office released its report on the Better Care Reconciliation Act ("BCRA"), the Senate’s version of "repeal and replace" legislation. Unfortunately for Republican leadership, the report estimated that, if enacted, 22 million Americans would lose health insurance coverage by 2026.
Senate Releases Draft Reform Legislation
On June 22, 2017, the Senate released draft health care reform legislation, the Better Care Reconciliation Act of 2017 ("BCRA"). It is substantially similar to the America’s Health Care Act ("AHCA"), legislation passed by the House last month.
San Francisco Paid Parental Leave Ordinance
On April 21, 2016, the San Francisco Board of Supervisors passed the Paid Parental Leave for Bonding with New Child Ordinance (PPLO).
New Fiduciary Rules Impact Some HSAs
New rules are effective June 9, 2017 that affect investment advisors with respect to health savings accounts ("HSAs") with investment options (as well as retirement plans and IRAs). The new rules address advisors, not employers specifically, and HSAs are not the primary target of the new rules; however, there a few important items for employers to note.
Health Reform Calculators
We have prepared two distinct tools to enable you to quickly assess whether you are eligible for a tax credit as a small employer under the ACA, and whether you have exposure to the penalties associated with the employer mandate.
Employers
If you are responsible for procuring employee benefits for your company, we invite you to learn more about our firm, consultative services, and the resources we deploy to ensure your success.
Individuals
If you are an individual seeking health insurance or your employer works with MBA, continue to our individual section for information on the resources available to you and your family.
Partnership
If you are a health insurance broker or business-to-business professional services firm, we invite you to learn how you can include the MBA value proposition in your offering to your clients.