ACA-Compliant Bronze Plan to Launch at Staffing Law April 28-29
April 9, 2015
HospitalityCARE’s new fully-insured, ACA-Compliant Bronze Plan—designed specifically to meet the unique needs of the Hospitality Industry—will be introduced at Staffing Law 2015 April 28-29.
The highly anticipated plan will initially be made available to “current HospitalityCARE (HC) customers to ensure there is appropriate time for them to replace first generation MV plans that have been grandfathered through 2015,” according to J. Marshall Dye, HC President and CEO. “It will also allow them additional time to explore ESC’s enhanced technology and administrative solutions that will ensure ACA compliance, automate benefit offerings and expand customer support.”
The new HC Bronze is a fully insured, true major medical plan with unlimited in-patient hospitalization benefits. The plan includes all ACA-mandated benefits to ensure compliance for participating companies. The new HC Bronze plan has no minimum employee participation requirements.
“2014 was a challenging year for us all with changing ACA regulations and last-minute HHS pronouncements,” added Dye, who noted that HC had added more than 500 new staffing company clients in 2014 with most coming online in the last 8 weeks of the year as those firms turned to HC for help. “The flood of new HC clients in such a compressed period stressed our new group on-boarding process and service teams. These groups have now been absorbed into our Staffing Specific Administrative Platform (SSAP) and service metrics are quickly returning to normal.” HC reported the addition of over 80,000 new enrolled members during the first month of 2015.
“We’re excited to launch HC’s ACA-compliant Bronze plan, along with enhancements to our MEC and Fixed Indemnity coverages,” said Dye. “We will share our new E-enrollment and Audit Log technologies and introduce an expanded client support team at Staffing Law. Our long-standing partnership with the American Staffing Association and the unwavering support of Blue Cross Blue Shield enables us to bring this essential product to the Staffing Industry. We look forward to helping HC customers fully comply with ACA requirements and maintain their competitive edge.”