The Affordable Care Act: What Maine Nonprofits Should Know
August 13, 2013
Many nonprofits are scrambling (or at least have it on their to-do list to scramble) to learn how the upcoming changes to health insurance driven by the Affordable Care Act will affect them, their employees and their clients. Here are the resources we think will be most helpful to get you up to speed on changes to health insurance coverage options and requirements.
Date to Know: October 1, 2013
- The Small Business Health Options Program (SHOP) (also referred to as the health insurance marketplace) opens for business with coverage starting as soon as January 1, 2014. Your nonprofit and its employees will be able to enroll through an agent, broker, or directly through the Marketplace websites, or by calling a toll-free phone hotline.
- By this date, nonprofits with at least one employee and at least $500,000 in annual revenue must provide notice to employees of coverage options available through the Marketplace. This notice must also be provided to each new employee at the time of hire beginning October 1, 2013, regardless of part-time or full-time status.
Resources to Read
From our partners at National Council of Nonprofits:
- How Will the Affordable Care Act Impact Nonprofit Employers?
- Affordable Care Act + Charitable Nonprofits: FAQs
- Small Employer Health Care Tax Credit (small employer means fewer than 25 employees in this context)
From Maine nonprofit Consumers for Affordable Healthcare:
Trainings + Forums to Attend or Watch
- On Demand: The Affordable Care Act + Relatively Small Nonprofit Employers (Recorded MANP webinar, presented by Consumers for Affordable Healthcare)
- September 13, 2013, Freeport: Free Seminar: Health Care Reform Update (Hosted by Healey & Associates. Event is free, but registration still required.)
What resources or trainings have you found most helpful? Please add any recommendations of your own in the comments!
