In March 2010, President Obama signed the Patient Protection and Affordable Care Act and the Health Care and Education Affordability Reconciliation Act of 2010. Healthcare reform is now law. GuideStone is assessing the impact of this new law on the health plans we offer to churches and ministry organizations. While we anticipate that the nature and scope of this new legislation will be a key area of focus for years to come, we want you to know that GuideStone’s purpose remains unchanged – to provide benefits and services to meet your needs. In cooperation with other denominations, we are monitoring legislative issues to determine the impact the legislation has on church plans. |
|
Please continue to visit our healthcare reform page,
follow us on Twitter 
and
subscribe to GuideStone RSS feeds. We’ll continue to answer your questions and keep you updated as new information comes to light.
"We are working diligently to make known to Congress the unique nature and needs of church health plans and the past provisions that have enabled church plans to serve their participants. We pledge to remain informed as events unfold and to keep our participants abreast of issues as we continue to be an advocate for our participants and their ministries."
- GuideStone President, O.S. Hawkins
Updates from GuideStone
June 14, 2010 - Healthcare Reform Timeline
Some content on this page requires the latest version of the Adobe Flash Player.
May 24, 2010 - Healthcare Reform – Frequently Asked Questions
These FAQs are designed to answer your questions about the provisions of the health care reform acts. We will add additional questions and answers as information becomes available. If you have additional questions not addressed in the Healthcare Reform Frequently Asked Questions, please send us your inquiries.
May 12, 2010 - GuideStone responds to new healthcare reform laws
GuideStone Financial Resources' president, O.S. Hawkins, addresses healthcare reform and how GuideStone's health insurance program may be affected by the new law. While many people are confused about what healthcare reform means to them, we remain committed to providing healthcare benefits and services to meet the needs of Southern Baptist ministers and employees. Read the video transcript.
April 23, 2010 — Small Business Healthcare Tax Credit
Over the next few weeks, many small employers will receive information from the Internal Revenue Service (IRS) about a tax credit available to small businesses that provide health insurance coverage to their employees.
According to the IRS, eligible small businesses can claim the special credit as part of the general small business tax credit starting with the 2010 income tax return they file in 2011. Although the ruling states both taxable (for profit) and tax-exempt firms (non-profit) qualify for the credit, the IRS is still working to provide further clarity and information to non-profits on how to claim the credit.
As a small church, you may receive this mailing and wonder how this may affect you. GuideStone is committed to communicating the latest developments in health care reform and the impact it will have on churches. We are working with other denominations through the Church Benefits Alliance to determine how churches with GuideStone medical coverage might best qualify for this tax credit. We will keep you up to date as more information becomes available.
More information about the credit, including tax tips, guides and answers to frequently asked questions, is now available on the IRS website, www.irs.gov.
April 8, 2010 — GuideStone’s health plans already meet several provisions of new healthcare law
While many questions remain surrounding the impact of the new Patient Protection and Affordable Care Act (PPACA) signed into law by President Barack Obama March 23, GuideStone’s plans already meet several elements of the new law.
Read more...