Golf season is finally here. It’s time to replace your grips, change out your cleats and restock that golf bag with lip balm, sunblock and aspirin. If you’re a health benefits broker, it’s also the end of benefits selling season. But as you hit the links to network with current and potential clients, you’ll need to distinguish fact from fiction when it comes to what’s in store for the remainder of 2016 for your clients and your business.
Fiction: ACA compliance is done.
Fact: Brokers spent most of the last 12 months helping their clients prepare for and navigate new Affordable Care Act (ACA) reporting, disclosure and notification requirements. While employers have passed several initial ACA compliance milestones, now is the perfect time to start talking with them about the excise tax (the so-called Cadillac tax). This is the next big hurdle for many businesses when it comes to ACA compliance.
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