SCDA Member Benefits Group egram
March 17, 2009
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American Recovery and Reinvestment Act Signed Into Law 
 
This occurred on February 17, 2009 and could potentially affect your practice.  The purpose of this act is to assist COBRA eligible individuals with lower premiums who were involuntarily terminated from employment between the dates of September 1, 2008 and December 31, 2009.  The law requires a subsidy of 65% of the monthly premium to be paid by the employer.  The employer can recover the premium by claiming a credit as an offset against federal payroll taxes.  Employers will have to report these offsets on amended form 941.  This subsidy will be available for a maximum of nine months....read full article
More Federal Mandates Coming Down the Pipe

Due to changes in reporting for the Centers for Medicare and Medicaid Services (CMS), we will begin collecting the social security numbers for dependents covered under the SCDA group health plan in 2009.  We have not needed to do this in the past, so it will be quite the undertaking considering we have approximately 3,700 total covered lives under this health plan. 
 
I just received this news at the end of December and it is a federal mandate that we have all dependents' social security numbers reported to Blue Cross by January of next year.
 
Please be on the look out for further information in the coming months.
 
Any new hire or new subscriber to the plan effective 1-1-09 who wishes to cover their spouse and/or child(ren) will need to include their social securities at time of application.
 
The correct application form for all medical insurance changes can be found at www.scda.org or by clicking on this link.
Heading to the Hinman this Week? 
 
Banc of America Practice Solutions is part of the foundation of Bank of America and is a leader in dental financing.  Banc of America Practice Solutions  is well positioned to meet the practice finance needs of SCDA members.  Whether you are starting your first practice or thinking about purchasing an existing one, their team of experts can provide the experience and industry knowledge you need. Read full article, then Bring this article to booth #2730 at the Hinman Dental Meeting for special equipment rates of 6.99%.*
Endorsed Company of the Monthstaples

 
As always, contact me at 1-800-327-2598, ext. 100 with any questions or visit us at www.scda.org

Sincerely,

Mark K. Brown
SCDA Member Benefits Group Manager