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Health Care Reform For Employers

About the Affordable Care Act:

  • Enacted by President Obama in March 2010, the law brings many changes to the health care system, the law is commonly referred to as the Affordable Care Act (ACA), or Obamacare.
  • The law expands Medicaid coverage and requires citizens to have health insurance.
  • Individuals that do not have access to affordable employer coverage will be able to purchase coverage through a state-based health insurance Exchange/Marketplace.
  • All health plans are subject to new regulations mandating more expansive coverage.
  • Employers with at least 50 Full Time Employees (FTE) must offer at least minimum essential health coverage.
  • Large employers may be penalized for providing unaffordable coverage.

Employer & Member Impact

As a multiemployer trust fund, the Line Construction Benefit Fund (LINECO) is governed by Federal regulations. LINECO has pro-actively addressed the various regulations that make up the Affordable Care Act (ACA) since its inception in March 2010. We have already complied with the following mandates of the law:

Employer

  • Distribution of Summary of Benefits Coverage (SBC's).
  • Distribution of Exchange Notice on Health Insurance Marketplaces (September 2013).
  • Payment of Initial Taxes for Patient Comparative Effectiveness Research Fees (PCORTF).
  • LINECO coverage is considered affordable (the employee pays less than 9.5% of his household income)
  • LINECO provides minimum value (at least 60% of actuarial value).
  • LINECO provides minimum essential benefits.

Member

  • Coverage for dependents to age 26
  • No lifetime or annual dollar limits on essential health benefits
  • Expanded wellness care for women
  • No pre-existing limitations
  • Mandatory coverage of certain preventive services
  • Additional external appeals procedures

FAQ for Employers – Minimum Value, 1095, Etc. – October 2015

The Line Construction Benefit Fund (LINECO) is a multiemployer plan, and certain special rules apply with respect to its participating employers under the Affordable Care Act (ACA). As a courtesy to its contributing employers, LINECO is issuing this FAQ to explain how LINECO believes participating employers can best comply with certain ACA requirements, in particular the new reporting requirements. Please click here to review the FAQs.

Important Information for Contributing LINECO Employers – July 2015

It is important for the Trustees and interested unions and employers to understand how the Affordable Care Act's (ACA's) rules have affected and will continue to affect the Line Construction Benefit Fund (LINECO), its current and retired participants, and its participating IBEW Locals and NECA Chapters.

This white paper addresses the portions of the ACA that most directly impact the Fund, its participants and contractors. Please click here to review a copy of the paper.

Bulletin on the Affordable Care Act – Effect on Employers – July 2014

The Trustees of Line Construction Benefit Fund commissioned their benefit fund consultant, Foster & Foster, to study the possible impacts of the Affordable Care Act on Employers and the Fund in 2014. Please click here to review a copy of that report.

Health Care Exchanges / Marketplaces

One of the key requirements of the regulations is that every US citizen must have health insurance effective January 1, 2014. In order to assist uninsured Americans in fulfilling this requirement, many states will be creating Health Insurance Exchanges or Marketplaces.

These will be on-line web-sites to compare and shop for health insurance. They are intended for Americans who do not receive insurance through their employment. Your employees will begin to see and hear many advertisements in Fall 2013 for these exchanges. The rules regarding the exchanges are very complex and some of the information may be misleading.


The Affordable Care act under the Fair Labor Standards Act (FLSA) requires employers distribute a "Notice on Health Care Exchanges" to all of their employees prior to October 1, 2013. The LINECO Fund has taken on this initial responsibility to comply with the October date. For more information please click on the following links:

IMPORTANT: As a LINECO participating employer, please Note:

  • If your employees are eligible for benefits through LINECO, they are NOT REQUIRED to purchase any other health care coverage as of January 1, 2014.
  • LINECO will continue to provide your employees with an excellent program of medical, prescription drug, dental, vision, and life insurance Coverage is subject to LINECO's eligibility (hours) requirements.
  • The Plans offered through the Exchange/Marketplace may have a narrower (smaller) provider networks than the LINECO Plan.
  • The Exchange/Marketplace plans will generally not include comprehensive dental, vision, or life insurance coverage.

QUESTIONS

If you still have questions about how the Affordable Care Act may impact your organization, please click here to contact LINECO directly.


Disclaimer: Neither the LINECO Trustees nor LINECO Staff can provide legal or tax advice. Nothing on this web-page or associated documents should be treated as legal advice. We kindly suggest you contact your legal counsel, tax advisor, or benefit consultant for advice regarding any provisions of the Affordable Care Act.

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About Line Construction Benefit Fund

LINECO is a multiemployer self-funded, self-administered welfare benefit plan set up to provide medical, dental, vision, and disability benefits as well as Life Insurance for outside members of the International Brotherhood of Electrical Workers working under bargaining agreements between the International Brotherhood of Electrical Workers and the National Electrical Contractors Association.


Descriptions of benefits on this website do not constitute a guarantee of coverage or payment--all claims are subject to eligibility and Plan limitations at the time services are rendered.

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