Friends,

As many of you know we have been eating, drinking, speaking, sleeping "Health Care Reform" for over 4 years now.  Last summer, before the Patient Protection and Affordable Care Act (PPACA) came into full effect, we identified a unique strategy called the Group to Individual Transition for our small group clients of 10 - 15 employees and below.  With our intimate knowledge of the PPACA, we determined that many of our small group clients may benefit from discontinuing their small group health plan and allowing their employees to go into the Health Insurance Marketplace (HIM) to utilize premium subsidies that they may qualify for.

We are pleased to announce that the results are in for our first group of clients and they are amazing!

We have successfully executed this strategy with 10 clients under 15 employees each - here are the results:

• Total # of Clients - 10
• Total # of Employees (over all 10 clients) - 41
• Total Savings Achieved - $169,558 per year!
• Average Savings Per Employee/Per Year - $4135!

As you can see, the results speak for themselves.  While not every client we researched was a candidate for the Group to Individual Transition strategy, those who were have saved thousands in health insurance premium costs! 

Here are a few reasons why this strategy is so successful:  

1. If you have under 50 full time employees and/or full time equivalent employees (FTE's) there is no tax penalty for not offering group health insurance
2. Per the PPACA, individual health insurance plans have to cover the same "Essential Health Benefits" as group plans so there is no discrepancy in coverage
3. if your employees earn less than 400% of the Federal Poverty Limit (which roughly 70% of this country does) they may qualify for a subsidy to help cover their insurance premium
4. My eliminating your small group health insurance plan you will also alleviate the burden of PPACA compliance reporting to the Internal Revenue Service (IRS), Department of Labor (DOL), Health and Human Services (HHS), and the US Treasury Department