By: Sheryl Sowell | Category: Financial Services | Issue: March 2013
Attorney Jan Dumont of Riggs, Abney, Neal, Turpen, Orbison & Lewis will lead the “Health Care Reform – Pay or Play?” seminar.
The Holmes Organisation will present a free seminar, “Health Care Reform – Pay or Play?” on Wednesday, April 3 from 9 a.m. to 1 p.m. The seminar will be presented by Jan Dumont of Riggs, Abney, Neal, Turpen, Orbison & Lewis, Inc.
In 2014, the Patient Protection and Affordable Care Act (PPACA), often referred to as Obamacare or the federal health care law, will go into effect, requiring companies that employ more than 50 full-time employees to provide health insurance coverage, send employees to an online exchange and pay a penalty of $2,000 per employee per year, or develop a new hybrid health insurance plan.
How will this act affect business owners and their employees? Jan Dumont will present the most current updates to the health care reform legislation, including key action steps for employers to help analyze and strategically plan to avoid pay or play penalty taxes.
“With the health care reform kicking in next year, many business owners that currently do not offer their employees health insurance are unsure of what steps to take to avoid paying penalty taxes. This seminar is targeted to employers of companies with 50 or more employees to help them navigate the changes in legislation and avoid being penalized,” says Mike Ziegenhorn, insurance agent and broker for The Holmes Organisation.
The decision many company owners will face is whether or not they should extend coverage to all employees, choose not to provide coverage and pay the penalty taxes, or develop a hybrid plan. Businesses must consider how their decision will impact their employees, as well as predict how many employees would be eligible for subsidies offered through an exchange.
Jan Dumont will help explain these concerns and more at the seminar. Jan practices primarily in the areas of employee benefits and employment law. She represents both public and private employers, insurance companies, third-party administrators, health care providers, and insurance agents and brokers, with an emphasis on employee welfare benefit plans. Dumont has over 30 years of industry experience in the field of employee benefits, including more than two years’ experience as senior manager of the Deloitte & Touche Oklahoma Benefits Practice and 12 years as a consultant, contract compliance manager, and marketing account executive for Blue Cross and Blue Shield of Oklahoma. She is a registered health underwriter, a member of the National, Oklahoma and Oklahoma City Associations of Health Underwriters, a former member of the Board of Directors of the Tulsa and Oklahoma City Associations of Health Underwriters, and a former Steering committee member of the Tulsa Employee Benefits Group.
Bringing clients up to date with information and education is what The Holmes Organisation is all about. “We value our customers, and we want to make sure they are continually educated on current legislative and regulative updates,” said Ziegenhorn.
For more information or to register for the “Health Care Reform – Pay or Play?” seminar, contact Cindy Davidson at eat0@eau0eav0eaw0 or (918) 359-6141. The free event will be held April 3 from 9 a.m. to 1 p.m., and lunch will be provided.
Sheryl Sowell was born and raised in Tulsa, OK. She graduated from Will Rogers High School and received her Bachelor of Arts in English from Northeastern State University in 2007. She has worked for Value News as editor, writer and advertising copywriter since 2008. She enjoys meeting and interviewing people for Value News articles, learning about their backgrounds, and helping to promote their businesses and local events. In her free time, she enjoys reading, trying new recipes and crafts from Pinterest, attending concerts and sporting events, and spending time with family and friends. Sheryl lives in Tulsa with her fiancé Paul, their daughter Scarlett, and their two dogs, Gunner and Boo.