fbpx

BLOG

Congress Passes the 21st Century Cures Act
Congress Passes CURES Act
December 22, 2016

Congress has passed the CURE Act, and President Obama has signed the legislation. This change effects small employers which do not meet the “large employer” definition under the Affordable Care Act (fewer than 50 FTEs), and do not offer group health plans. Under the provision, employees may use qualifying HRAs to purchase coverage in the individual market. These arrangements will no longer be considered “group health plans” and, with the exception of the Cadillac tax, will not be subject to the ACA’s requirements and/or limitations for group plans.

Nick Daukas

Nick Daukas

Author

With 30+ years of HR experience Nick specializes in ER, OD, Recruitment and Legal Compliance. He has an MBA and holds advanced HR certifications SPHR, SHRM-SCP.

0 Comments

Submit a Comment

KardasLarson is a human resources and business consulting firm that maximizes employee performance so people and organizations prosper.

 

NEWSLETTER

Pin It on Pinterest

Share This