Healthcare News

A New Option for Small Business Health Insurance

Shawn Turner |

We are excited to announce the creation of a new option for small business owners to access health benefits for themselves, their employees and their families—The COSE Health and Wellness Trust—a self-insured, multiple employer welfare arrangement (MEWA) designed for companies with up to 50 employees participating in health benefits.

In anticipation of the next wave of transition required by the Affordable Care Act, the COSE Health and Wellness Trust gives small business owners another option to meet the health benefit needs of their companies.

Healthcare News

NSBA study: Health Care Costs Continue to Hit Small Businesses

Shawn Turner |

As we near year-end, there is a lot being written about health insurance, the experience of small business owners and the impact of the Affordable Care Act on rates and access to health insurance.  “As I talk to my colleagues that work with small businesses across the country, increasing costs and increasing regulatory burdens are a theme among small business owners,” said Steve Millard, President and Executive Director of COSE.

Sponsored by Medical Mutual
Healthcare News

The Grand Plan for Healthcare in 2016

When it comes to small business health insurance, one thing is certain: change is guaranteed. In 2016, many small business owners will need to reconsider their current health insurance and make a decision.

Sponsored by Medical Mutual
Healthcare News

Reporting for Reform - How to Comply with Upcoming IRS Reporting Requirements

Medical Mutual |

As part of healthcare reform, the Internal Revenue Service (IRS) added sections 6055 and 6056 to the Internal Revenue Code. Starting in 2016, the IRS requires insurance companies to collect any missing Social Security numbers for members and dependents covered by fully insured health plans.

“Typically, insurance carriers have only needed employees’ Social Security numbers, not those of spouses or dependent children,” says Patricia Decensi, General Counsel at Medical Mutual. “However, the IRS will soon require that information to verify that everyone in the United States is covered.”

The information will be used to enforce the part of healthcare reform that says everyone in the United States has to have health insurance—or qualify for an exemption. In addition, it will allow the IRS to verify whether certain employers offer “minimum essential coverage” for their employees.

The requirements are based on two key factors. 

Healthcare News

Health Insurance for Same-Sex Spouses

Trish Decensi |

Following the United States Supreme Court’s decision on June 26, 2015, same-sex marriage is now recognized in all 50 states. While Medical Mutual has covered same-sex-spouses in many of its health plans in the past, the ruling means same-sex spouses will be considered eligible in all of its plans.

Healthcare News

Tips for Your Business: Increase Productivity by Reducing Stress

Terri Kevany |

Stress in the workforce has become one of the biggest problems in business today. It has been called a global epidemic, with numerous studies encouraging businesses to be more proactive in helping their employees manage stress. “Every day, people deal with stress at work or in their personal lives — or probably both,” says Cindy Ballog, manager of Health Promotion, Wellness and Disease Management for Medical Mutual. “That’s why it’s important for organizations to understand the effect it can have on the health of their employees, and what that means for the future of their business.”


Brynn Popa
Healthcare News

To SHOP or not to SHOP?

Brynn Popa |

While there has been no official word out of Washington, media reports say Ohio will be among the first five states where small business owners can shop for health insurance through the federal government’s online marketplace for small employers.

Brynn Popa
Healthcare News

U.S. Courts Issue Conflicting Health Care Rulings: What's Next?

Brynn Popa |

Yet another curve ball has been thrown into mix as the federal court system interprets provisions related to the implementation of the Affordable Care Act (ACA). In mid-July, two U.S. appeals courts issued conflicting rulings on whether consumers can receive subsidies for health care coverage bought on the ACA’s federal exchanges, adding another layer of uncertainty and complexity to the health care law signed four years ago.