Adam Solander Quoted in “Rx for Health Insurance Costs – Part 2: Obamacare Brings Opportunities and Complexities”

Pallet Enterprise

Adam C. Solander,Member of the Firm in the Health Care and Life Sciences practice, in the firm’s Washington, DC, office, was quoted in Pallet Enterprise, in “Rx for Health Insurance Costs – Part 2: Obamacare Brings Opportunities and Complexities,” by Phillip Perry and Chaille Brindley.

Following is an excerpt:

Unfortunately, calculating the FTE number for an employer is easier said than done. “The employer mandate has been the hardest part of the law for businesses to understand,” said Adam Solander, an associate at the law firm of Epstein Becker Green, Washington, D.C.

Solander added. “Determining who is a full time employee, for example, by reviewing the hours they have worked has been a challenge.” For help in calculating your own FTE, go to healthcare.gov/shop-calculators-fte. You may also want to consult with your accountant.

Solander cautioned against instituting a program that gives employees after-tax payments that they are told to use to purchase insurance on the open market, including the state individual exchanges. Such arrangements, sometimes called Employer Payment Plans, or Premium Reimbursement Arrangements, are deemed group health plans and are considered insufficient to satisfy the ACA’s minimum requirements for coverage. Because they violate the ACA they can trigger fines of $100 per day (or $36,000 per year) per employee.