ACA Group Health
Insurance for Oklahoma
We focus on ACA so you don't have to.
Why Use Magoon
ACA rules continue to change, let us worry about your reporting requirements and administration.
There are numerous laws around administering ACA-compliant Group Health plans. Did you know new rules require you to provide certain information about the Marketplace to your employees, whether you offer health insurance or not? Starting in 2015, some employers will be subject to new Employer Shared Responsibility provisions. Employers may have to make payments depending on the number of employees they have, the type of insurance they offer, and other factors. Let us worry about ACA so you can focus on running your business.
Penalties for Business
Let us help you avoid the penalty for 2016
The ObamaCare Employer Mandate / Employer Penalty, originally set to begin in 2014, was delayed until 2015 / 2016. ObamaCare’s “employer mandate” is a requirement that all businesses with 50 or more full-time equivalent employees (FTE) provide health insurance to at least 95% of their full-time employees and dependents up to age 26, or pay a fee by 2016. If an employer owes the fee because they didn’t cover workers, it’s a flat $2,000 per full-time employee (excluding first 30 employees). Don't let this happen to you.
We also offer Vision, Dental, Life and Long-Term Disability Insurance to small businesses.
Services for Small Businesses
For small businesses we offer a wide-range of services related to your ACA Group Plan.
Did you realize the Department of Labor and the IRS may be requiring forms from you and forms, by law, distributed to your employees? We can direct you on how to be compliant with all the forms required by law.
We will function as an extension of your internal HR department. We will design a customized plan to fit your company's needs and budget.
We will facilitate your Open Enrollment meetings, handle your additions and deletions to the plan, provide customer service to your employees and shop your plan prices every year to make sure you are getting the best plan for your money.