Charlotte Health Insurance Tips: PPACA Pointers

January is now less than two weeks away, which means that it’s time to become prepared and informed about the Patients Protection and Affordable Care Act (PPACA), also known as Obamacare, before it becomes active in January of 2013.  The agents at Latorre Insurance in North Carolina invite you to contact them with any questions as to how the PPACA might affect the coverage of your company or of your employees.  In the meantime, navigate your way through the changes with ease, with the following PPACA pointers:

1. Know the minimum coverage requirements for your business.  Depending on the size of your business, your minimum coverage requirements might change under PPACA.  Additionally, keep in mind that employees working 30 hours a week will now be considered full-time.
2. Determine your strategy, as well as if you will be required to provide insurance coverage.  Verify your requirements regarding penalties and hybrid plans, as well.
3. Be prepared for changes to your group health plans.
4. Cost-shifting will be limited and discriminatory policies will not be permitted under the PPACA.
5.  As the changes occur, maintain communication between the employees and yourself.

As these changes occur, it’s important to work with your agents at Latorre Insurance, a top Charlotte health insurance provider in North Carolina.  Although changes and modifications will be incurred, they don’t have to be a shock, especially if you are prepared.