Health Care Reform

Health Care Reform

Questions answered

It often seems like more questions are asked than answered about the changes caused by Health Care Reform laws. Click here to review a synopsis of your options. Below is some further clarifying information to help compare options and answer questions.

  • Bethany Benefit Service is fully owned by the Evangelical Covenant Church and employs people who love the Covenant. Premiums paid into the plan are used to pay Covenant pastor, staff, missionary and retiree medical claims—funds stay within the Covenant family.
  • Bethany Benefit Service advocates for our members when difficult claim issues arise. When most insurance companies appear to fight against you, we fight for you.
  • Bethany Benefit Service has chosen to remain in grandfathered status for several reasons. Primarily, since we are a grandfathered plan, we are still allowed to administer our own claims appeals process. This benefits you because your colleagues (The Board of Pension and Benefits) make decisions on approving denied insurance claims instead of a faceless third party. Also because we are a grandfathered plan, we are allowed to exclude certain benefits that do not align with our moral standards, like the morning-after pill and abortion.
  • If your employer provides you with funds to purchase health insurance on your own, they cannot be separated from your gross salary and are subject to income tax. In turn, you will have less funds to use to purchase insurance than your employer would have, and your total household income level increases, which may reduce your subsidy level for premiums.
  • If you do not have health insurance, you will be penalized either $695 or 2.5% of your taxable income, whichever is greater. This penalty applies to all adults in your family.
  • All employers with 50 full-time equivalent employees are required to provide quality health insurance at an affordable cost.
  • Please contact the Bethany Benefit Service office if you need assistance with deciphering tax requirements and implications, if you have questions about enrollment, or would like help comparing policies.