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The Murphy Insurance Blog

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News, updates and useful tips about insurance products and the insurance industry. We also provide insights on community events, local news and information that affect your everyday life. Enjoy!

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 reponsibility 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 Eligibile Employees
  • Significant Percentage (All Employees)
  • Significant Percentage (Full-time Employees)
  • Reporting of Coverage 

If you need help in determining what your responsibilities are, Murphy Insurance is here to assist you. If you have questions or concerns, please feel free to contact our Employee Benefits Team at 508.787.5129 or assistance@dfmurphy.com.

 

 

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