welcome! richard ollis. the new law has been clarified and modified 7 times since march of 2010. ...

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HEALTH CARE REFORM SEPTEMBER 9, 2010 WELCOME! Richard Ollis

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Page 1: WELCOME! Richard Ollis.  The new law has been clarified and modified 7 times since March of 2010.  We expect another industry clarification before September

HEALTH CARE REFORM

SEPTEMBER 9, 2010

WELCOME!

Richard Ollis

Page 2: WELCOME! Richard Ollis.  The new law has been clarified and modified 7 times since March of 2010.  We expect another industry clarification before September

Current Status of Health Care Reform

The new law has been clarified and modified 7 times since March of 2010.

We expect another industry clarification before September 23, 2010.

Many insurance carriers are struggling with the new rules: Grandfathering Provisions New Pricing New Mandatory Coverages Management Only Plans

Page 3: WELCOME! Richard Ollis.  The new law has been clarified and modified 7 times since March of 2010.  We expect another industry clarification before September

Our Response

Continued Updates on timelines, new developments, clarifications

Partnering with experts in other fields Tax & Fine Implications – The Whitlock Company Legal Implications – Polsinelli Shughart Political Developments – US Chamber of Commerce

Developing HCR Business plans for our clients Timelines Communication Strategies Plan Design Wellness

Page 4: WELCOME! Richard Ollis.  The new law has been clarified and modified 7 times since March of 2010.  We expect another industry clarification before September

Commonly Asked Questions

Should my business try to retain grandfather status?

If I have a management only plan or pay different amounts for classes of employees, can I continue this practice?

How should I communicate these changes to my employees?

Should I continue offering employee benefits?

What are the tax implications? What’s next?

Page 5: WELCOME! Richard Ollis.  The new law has been clarified and modified 7 times since March of 2010.  We expect another industry clarification before September

September 23 and Beyond

Today our panel of experts will answer many questions and clarify insurance, tax and political implications of HCR as we know them today.

We will offer future notifications and seminars as the law is clarified and modified.

We have partnered with tax, legal, and political experts to help guide us through the implementation.

We will help develop a HCR business plan which will be updated as legal, tax, political and insurance conditions change.

Page 6: WELCOME! Richard Ollis.  The new law has been clarified and modified 7 times since March of 2010.  We expect another industry clarification before September

We will address questions at the end of each sequence of the program Political Tax Insurance

We will take a break at 8:50am Restrooms are located to the right as you

leave the room We will remain after the session for

individual questions.