Michael Murphy, President
With the implementation of the Affordable Care Act, a variety of reforms became effective in 2014. In 2015, additional provisions will go into effect including the shared responsibility penalty and related requirements. How the changes apply to your business can vary depending on the employer group size that your company falls under.
Employers need to review upcoming requirements and develop a strategy to ensure compliance.
Murphy Insurance is sharing a 2015 Compliance Checklist to help you be informed and plan. Use the preceding link to access the document, which contains information about:
- Reinsurance Fees
- HIPAA Certification
- Employer Penalty Rules
- Pre-2015 Eligible Employees
- Significant Percentage (All Employees)
- Significant Percentage (Full-time Employees)
- Reporting of Coverage
If you need help determining your responsibilities, Murphy Insurance is here to help.
If you have questions or concerns, please feel free to Contact Us. An agent from our Employee Benefits Team will be happy to assist you.
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Murphy Insurance stands as your steadfast partner in safeguarding your business from unforeseen challenges in today’s dynamic business landscape. In an era where comprehensive business insurance is not just a prudent choice but a vital one for ensuring the long-term stability and security of your enterprise, we are here to offer our expertise. Running a business inherently entails various risks that can potentially impact your financial stability and reputation. Learn more about our comprehensive business insurance solutions, which are meticulously designed to protect you from these potential threats, granting you peace of mind necessary to focus on the growth and prosperity of your business.