does your wellness program follow aca guidelines?
DESCRIPTION
As you prepare to kick-off your wellness program, it is important that you take a few things into account. Namely, business owners must ask themselves: “Is our wellness program ACA-compliant?”TRANSCRIPT
&ACACOMPLIANCEDoes your wellness program follow ACA guidelines?
Participatory Programs
Health-Contingent Programs
Based solely on employee participation- not a specific outcome
Rewards can be offered to encourageemployees but ensure it can be achieved regardless of health status
Offer incentives to complete health riskassessments or annual check-ups
Requires employees to meet specifichealth goals
Activity only OR outcome based
Reward based can potentially lead to discrimination issues - Does the employee have health or safety issues that may prevent reaching a goal?
Wellness Programs
Offer alternative means to accomplishspecific goals
ACA specifies the maximum reward is30% of the cost of employee-onlyhealth coverage
For more information: www.cbiz.com