Princeton HR Solutions

The Affordable Care Act (ACA) established a new non-profit organization called the Patient-Centered Outcomes Research Institute (PCORI) to: Conduct research which would evaluate and compare health outcomes; and,  Conduct research into the clinical effectiveness, risks and benefits of medical treatments The PCORI will be paid for via a trust funded by the payment of fees… Read More

SUMMARY OF BENEFITS AND COVERAGE AND UNIFORM GLOSSARY  (SBC) On February 14, 2012, the Department of Treasury, Internal Revenue Service, Department of Labor, Employee Benefits Security Administration and the Department of Health & Human Services issued the Final Guidance  & Rules regarding The Summary of Benefits and Coverage and Uniform Glossary (SBC). The SBC requirements… Read More

Government officials continue to look for corners to cut in the wake to today’s dire debt crisis and now, Washington’s super committee has announced that up to $1 trillion in national spending cuts must be made by 2013. As a result of strong resistance to medical benefit cuts by senior citizen groups like the AARP,… Read More

As the Institute of Medicine continues to struggle to complete the “Essential Benefits Package,” they are now calling on the Department of Health and Human Services (HHS) to seek public input. This week, the HSS began gathering feedback from a wide variety of coalitions and interest groups in order to establish the specific mandates that… Read More

“This year, the average premium for a family hit $15,073,” reported Forbes contributor Sally Pipes in her most recent article for the magazine. Pipes, who is also president, CEO, and Taube Fellow in Health Care Studies at the Pacific Research Institute, wants the public to bear in mind that the new number represents a $1,303,… Read More

According to last week’s New York Times report, Medicare may be “subsidizing drug abuse” by several of its beneficiaries. Investigators from the Government Accountability Office have reported that Medicare has been slow to act on and recognize recent findings that show thousands of Medicare beneficiaries are shopping around for doctors who fill prescriptions for large… Read More

Findings from a recent study conducted by Rand Corp show that rising health care costs are hitting families much harder than many people realize. According to the research firm, although monthly household income was up $1,910 from 1999 in 2009, the average American family was left with just $95 more per month to spend by… Read More

The IRS published new guidance on the W-2 reporting requirement that sheds much-needed light on this requirement of Health Care Reform, including: Employers who issue fewer than 250 Forms W-2 for the 2012 tax year are not required to report the cost of coverage on their 2012 W-2s; these employers will not be required to… Read More