Monthly Archives

October 2010

Medicare Preventive Services

The Patient Protection and Affordable Care Act (PPACA), makes changes to the preventive services covered at no cost-sharing for Medicare beneficiaries.  

Beginning January 1, 2011, Medicare beneficiaries will no longer pay any out-of-pocket costs for most preventive services. Medicare will also cover the cost of an annual wellness visit with a physician.

IRS Delays Form W-2 Reporting Requirement

Reporting Requirement Delayed
The Patient Protection and Affordable Care Act (PPACA) requires employers to report the aggregate cost of employer-sponsored group health coverage on an employee’s Form W-2, beginning with the 2011 tax year. Although the information must be disclosed, the cost of the coverage remains tax-free to the employee.

Newsletter – October 2010

BenefitsBuzz
 

 
2011 Health Plan Costs Projected to Rise
A recent survey by the National Business Group on Health reveals that large U.S. employers predict their health care benefits costs will rise an average of 8.9 percent in 2011 (up from 7 percent in 2010).

Live Well, Work Well – October 2010

Mammograms Save Lives
Mammograms can often detect breast cancer years before a woman can find a lump herself – and when breast cancer is caught at an early, localized stage, the five-year survival rate is 97 percent according to the American Cancer Society.

When should you start getting mammograms? In 2009, the U.S.

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