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Affordable Care Act Becomes Reality

April 2014 – Vol: 37 No. 4
by Julie Knudson

Employee education and good plan design help CUs adapt to healthcare reform.

Doctor holds stethescope upPreparations for the implementation of the Affordable Care Act started three years ago at Arkansas Federal Credit Union.

“We decided to take a strategic plan toward ACA for our organization and our employees,” says CUES member Lauren Edrington, benefits director of the $998 million/91,000-member Jacksonville-based organization. The CU didn’t just want to make sure its 261 employees knew they were going to have insurance coverage; it also wanted to educate them on how healthcare reform was going to affect them.

Among the changes Arkansas FCU implemented was the addition of a health savings account with a high-deductibl…

Access is available to CUES members, CUES Director/CCUBE members, CUES Supplier members and to subscribers to Credit Union Management magazine.

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