The more Health Insurance has changed, the more our Agency has been able to stand out. The Stolly Insurance’s Health Department is among the most committed in the industry. It’s thanks to our Health Insurance Agents & Service team that Stolly Insurance has seperated itself as a leader within the industry.
Affordable Care Act (ACA) has made a number of significant changes to group health plans since the law was enacted in 2010. Many of these key reforms became effective in 2014 and 2015, including health plan design changes, increased wellness program incentives and the employer shared responsibility penalties.
Certain changes to some ACA requirements take effect in 2020 for employers sponsoring group health plans, such as increased dollar limits. To prepare for 2020, employers should review upcoming requirements and develop a compliance strategy.
This ACA Overview provides an ACA compliance checklist for 2020. Please contact Stolly Insurance Group for assistance or if you have questions about changes that were required in previous years.