BancorpSouth Insurance offers health care reform calculator
by MBJ Staff
Published: September 10,2012
GULFPORT — BancorpSouth Insurance Services Inc., a subsidiary of Tupelo-based BancorpSouth Bank, has released a health care reform calculator to help clients and partners quantify the financial impact of the Patient Protection and Affordable Care Act (PPACA) on their health plans.
With this new tool, BancorpSouth Insurance Services consultants will be able to provide financial modeling and project medical plan cost through 2018. This tool, originally developed by California-based insurance broker Barney & Barney LLC, will also allow users to predict the financial impact of various scenarios, such as whether the employer continues offering health care coverage, modifies or increases coverage or drops coverage altogether.
The calculator takes into account mandates, penalties, taxes and other considerations in the legislation that can prove costly for employers. The tool also has expansive capabilities around the pay-or-play provision, helping employers understand their exposure to employee eligibility issues related to state exchanges.
To learn more about the calculator, contact BancorpSouth Insurance Services at email@example.com or visit www.bxsi.com.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Congressional delegation applauds Air Force's decision on Keesler, but not satisfied
- Report: Mississippi sees biggest hike in home insurance premiums in U.S.
- Businessman involved in Frankel insurance scam dies at 81
- Giles Ward will not seek reelection to Senate
- County rescinds gun ban; sheriff says lawmakers may 'deal with the consequences'
- (UPDATED) Making Jackson-Evers affordable to Allegiant is key to regaining Orlando service
- Commission to decide if emergency should be declared in Delta school system
- Leadership in Law nomination form
- Ex-state employee gets jail time for embezzling from school
- MDOT study: State's airports generate $2.5B-plus in economic activity