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2015 Group Products
CBC's goal for 2015 was to streamline their product portfolio and decrease premiums by adding additional member cost share. CBC's products include the required PPACA essential health benefits in the Small (2-50) and Mid-Market (51-99) segments.
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2014 Group Product Updates
Due to ACA regulations, all small group (2-50) must meet a metal level. HRA funding directly impacts the metal level, along with all of the other cost share amounts in the plan design, the HRA funding amounts are pre-defined to ensure metal level.
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Stop Loss Reporting Fee
For effective dates July 2012 and beyond, Underwriting provides as part of all new group ASO fee proposals and existing group ASO renewals a Stop Loss Reporting authorization form.
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2014 PPACA Large Group Benefit Impacts
PPACA prohibits group health plans from imposing any preexisting condition exclusions. This prohibition will be effective for plan and policy years beginning on or after 1/1/14, for grandfathered, non-grandfathered, fully or self insured plans.
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Live Healthy Newsletter - May 2014
CBC released the May edition of Live Healthy, their Health Education and Wellness newsletter to employer groups for their employees. This month's theme is Caring for Loved Ones and Ourselves.
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2015 HSA COLA Adjustments
Each year, the US Treasury and IRS evaluate and issue HSA minimum and maximum amounts based on COLA (Cost of Living Adjustments). The 2015 amounts for HSA-Qualified HDHPs have been released and are indicated on attached..