Mahalo for the ACA Options

Rainbow over Hawaii skylineWho doesn’t love Hawaii? The mere mention of it causes us to think of beautiful sunsets, swaying palm branches and (what I’m guessing was) far too many mai tais. Ahhhhh Hawaii. Mahalo (thank you) for the pleasant mini-mental vacation from our day-to-day struggles.

But more than a fun and relaxing vacation destination, Hawaii may also offer some help in the current search for a suitable Affordable Care Act replacement.

According to the ACA Times (yes, there is one), as of this month, Hawaii’s small business market will provide healthcare to its workers that competes with (and even beats) what the Affordable Care Act (ACA) has provided for Americans.

Hawaii’s Prepaid Health Care Act came into effect in 1974 and provides employees who work more than 20 hour per week with healthcare, along with covering most of their monthly premiums. The Department of Health and Human Services has granted Hawaii a State Innovation Waiver under the ACA, where small local businesses can now be included under the Prepaid Health Care Act. Additionally, these small businesses can participate in the Act’s Premium Supplementation Program, which assists eligible businesses in covering premiums, previously provided through the ACA SHOP’s tax credits.

So the path to better healthcare for employers and employees might very well take us to paradise. Meanwhile, my team of employee benefits and health insurance superheroes stand ready to help you with any questions or concerns about your benefits.  Of course, we all may need to take a trip west…purely for research purposes of course!

Learn Moore:

Hawaii Finds A Healthcare System Even Better Than The ACA

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