Many Americans currently without insurance are looking forward to new benefit choices, while others are wondering how the ACA will impact their lives and the traditional insurance benefits they have enjoyed. Health care reform and the ACA will change the face of medical coverage for many Americans. But here's the good news: You do not need to make any changes to your dental and/or vision plan, and you can keep your current benefits at least until your 2014 renewal.
As a dental and vision insurance carrier, Ameritas has tracked health care reform since its beginning. And we want to make sure you have the facts about dental and vision coverage in relation to the ACA, so you can maintain the coverage you and your employees need.
Consider these five important truths about dental and vision coverage under the ACA:
- You can keep dental and vision plans with a stand-alone carrier. Large employer mandate. Large employers can offer whatever dental or vision benefits they choose. So you can keep the dental and vision plans you have.
According to new ACA regulations released July 2, 2013, larger employers offering benefits to employees have until 2015 to meet the ACA employer-mandate insurance obligation. The requirement to offer and report on Minimum Essential Coverage (MEC) or pay a penalty was deferred until 2015. MEC does not include dental or vision insurance.
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