Mark your calendars for January 1, 2016
On this date, the small group employer definition will change from 2 to 50 employees to 1 to 100 employees, which will ultimately impact your company.
WHAT DOES THIS MEAN FOR YOU?
- Fewer Choices and Rate Increases Will Cause Disruptive Renewals.
- Your health benefit premiums are likely to increase.
- Your renewal process will be complex and painful.
- You may experience significant disruption in their plan designs and contribution strategy.
WHAT CAN YOU DO?
Act Now to Lessen Impact.
Minimize the pain and partner with a Professional Employer Organization (PEO). Partnering with a PEO is the perfect opportunity to eliminate the impact of this definition change. A PEO offers large group innovative benefits–and many different ACA-compliant plan designs to choose from–which not only alleviate the burden and pain you are facing with regards to ACA regulations, but also assists you in delivering competitive healthcare and employee benefit options that meet your company’s needs, to attract and retain top talent.
Reach out to ARC Consultants so we can start assisting in finding the solution that’s just right for you….. www.arcpeo.com