The market has changed. With the removal of the Affordable Care Act’s (ACA) individual mandate penalty, a growing number of states have stepped in to enact their own state-based individual mandate, and more states are preparing to do so. Many of these require individuals to carry their own individual health insurance, and require employers to report on health benefits offered to individuals who reside in their state.
The requirements of these mandates can vary dramatically from one state to another, but employers with individuals who reside in multiple states, will need to comply with each of them. That’s why we created our eBook, “Your state-by-state guide to individual mandate expectations” to help guide you through managing your compliance expectations in states with individual mandate considerations. Contact us for a copy of the eBook today.
If your company operates in numerous states, each new individual mandate enacted adds a new level of complexity and penalty risk. Health e(fx) goes beyond the ACA and expand our reporting functionality to help employers comply with state individual mandates.