FAQ

Here are just a few of the more commonly asked questions regarding PPACA and alternative funding options:

Q1.   Who is subject to the terms and conditions of the PPACA?

A1.  Any business that employs more than 50 individuals must comply with the provisions of the PPACA.  Companies that employ less than 50 individuals will not be required to provide health care; however, tax credits may be available to those who choose to provide health care benefits.

Q2.  What does the term "grandfathered" mean?

A2.  The term "grandfathered" applies to any company's employee health care benefit program that has been in place prior to March 23, 2010.  You may continue to renew the plan and add employees to it.

Q3.  Will my premiums also be grandfathered?

A3.  Unfortunately premiums will not be grandfathered.  They can continue to rise over the next few years until all the provisions of the PPACA are phased in and become effective.  This is not expected to be complete until 2014.

Q4.  What type of funding options are available to me?

A4.