.jpg?t=1470954292994&width=255&height=169 "Essential Affordable Care Act Facts for Small Dental Practices")
The Care Act affordable, also known as the ACA or Obamacare, is one of the biggest changes to health insurance for employers and employees. And while the main provisions are now in full force, many owners and HR professionals still feel doubts about how the law affects their business, their employees and their families.
last week, we wrote an article featured on DentistryIQ describing 7 tips for dentists - and all small employers - to understand how small ACA impacts dental offices
highlights of the recent Zane Benefits blog function.
Article 7 - Quick Highlights Affordable Care Act Tips
1. If individuals do not have coverage of health insurance, they will pay a penalty at tax time called the cost of individual shared responsibility.
2. There are new options to purchase health insurance through the health insurance market.
3. When buying individual health insurance, most employees are eligible for significant discounts on health insurance, called premium tax credits.
4. individual health insurance new advantages. For example, individuals can not be diverted or pay more because of a pre-existing condition, and all health insurance plans cover essential health benefits.
5. Small employers (less than 50 employees) are not required to offer traditional health insurance. "The employer mandate" of the ACA does not apply to small employers.
6. There are new reporting requirements for employers of all sizes.
7 . because of the new benefits of individual health insurance, many small dental practices are transitioning employees for individual health insurance and provide a contribution through a premium rebate.
the article can be accessed via website DentistryIQ and is a useful resource for dentists to get a handle on the affordable care Act requirements and opportunities .
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DentistryIQ offers dental professionals worldwide with a comprehensive collection of information on what is happening in the dental industry. The function of DentistryIQ entitled "Wise-up Friday: Affordable Care Act made all dentists need to know" helps dental offices include the ACA
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