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What to do about re-hired retirees

As January 1, 2014 quickly approaches, there are many aspects of healthcare reform to consider. One of the major concerns facing employers today, especially governmental employers, is the issue of re-hired retirees and its impact on the status of a retiree-only plan.

We have heard many voices in the marketplace with a variety of opinions on this issue. As a result, we are working diligently to ensure that we provide sound and accurate advice. Compliance with the new ACA mandates is our top priority. 

We will be announcing our official position about re-hired retirees and HRAs very shortly.

Please note: Compliance with the new rules are due at the beginning of the plan year beginning on or after January 1, 2014. Thus, many of you have until July before your new plan year begins and the new rules take effect. That said, we still consider this matter as urgent in nature.

National Insurance Services is not a law firm and no opinion, suggestion, or recommendation of the firm or its employees shall constitute legal advice. Readers are advised to consult with their own attorney for a determination of their legal rights, responsibilities and liabilities, including the interpretation of any statute or regulation, or its application to the readers’ business activities.

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Ken Zastrow

Ken Zastrow

Ken Zastrow enjoys establishing a strong rapport with his clients. He believes that education is key in helping them understand their benefit plans. Ken has a strong background in both active and post-employment benefit strategies. As Employee Benefits Consultant at National Insurance Services, Ken is responsible for the overall assessment and management of all an employer’s benefit plans including claim reconciliation, policy changes, renewals, and medical and dental analytics. He is also well versed in compliance, benefit integration, and early retiree benefits. Ken is a licensed health and life insurance agent, working with schools, cities, and counties in the Midwest Region.