The Web-based actuarial analysis tooldelivers customized assessments of the potential financial consequences of the Patient Protection and Affordable Care Act (PPACA) to employer groups. The solution provides NFP’s benefits professionals with a resource to help clients design and implement effective employee benefits programs.
The Health Care Reform Modeling Tool includes an actuarial feature that uses data readily available to employers to develop a customized financial analysis model. It enables advisers to prepare employers for PPACA’s “Pay or Play” provision and “Cadillac Plan” excise tax, which go into effect in 2014 and 2018, respectively.
“We can now do even more than help educate clients on health care reform implications; this modeling tool provides the ability to successfully navigate the challenges and opportunities an evolving marketplace presents,” said Ed O’Malley, president, NFP’s Corporate Client Group.More information is at www.nfp.com.