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The Health Care Security Ordinance included a requirement that employers with more than 20 workers spend at least a minimum amount towards employee health coverage. The minimum payment for 2014 ranges from $1.63 to $2.44 per hour, depending on firm size; for-profit employers with fewer than 20 workers and non-profits with fewer than 50 workers ...
The health plan has its own assets, which, under the Employee Retirement Income Security Act of 1974 (“ERISA”), must be segregated from the employer's general assets. The health plan's assets are derived from pre-tax (in most cases) contributions made by employees, and sometimes additional contributions made by the employer.
The Association for Community Affiliated Plans (ACAP) is a national trade association representing 83 nonprofit health plans.Headquartered in Washington, D.C., ACAP advocates on behalf of its community-affiliated member health plans operating throughout the United States.
HealthCare.gov is a health insurance exchange website operated by the United States federal government under the provisions of the Affordable Care Act (ACA), informally referred to as "Obamacare", which currently serves the residents of the U.S. states which have opted not to create their own state exchanges.
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A qualifying plan is defined as a health plan that has a minimum deductible not less than some IRS-defined minimum deductible, and a maximum out-of-pocket expense not more than some IRS-defined out-of-pocket maximum, which the Internal Revenue Service may modify each year to reflect change in cost of living. According to the instructions for ...
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