Those not for profits not looking now are in for some sticker shock come their next renewal. With new fees and new rules, the wrong decisions now can be costly down the road.
Budgeting
For the next year there are a number of new fees being tacked on to health insurance policies. While there is not much any organization can do to avoid these costs, understanding them and budgeting for them can help at renewal time in being in a financial position to absorb more rather than passing it all on to employees. While the numbers will vary depending on some variables in the makeup of the employee population, the fees can add up to 4% of the total health care premium, a number many groups cannot swallow without serious cutbacks elsewhere.
Staffing
The number of hours an employee works this year can affect an organizations costs and responsibilities next year. If an organization has variable hour employees who work different amounts on a weekly basis or even for certain months of the year, government mandated measurement periods have to be decided upon and tracked so that employers and employees know who is a full time equivalent employee for health insurance mandate purposes. Based on an organizations goals, all these decisions which need to be made in 2013 will once again lend predictability to 2014 when more decisions will come to the forefront.
Non Profit Employer 