Small business owners need to fully understand how the health care tax credit will affect them this coming year. For small employers who have less than 25 employees, pay an average wage of less than $50,000 and pay at least half of employee health insurance premiums, a tax credit may be waiting. A new version [...]
The Actors Fund, a national human services organization that helps those in the performing arts and entertainment through social services, emergency assistance, health care and insurance information, put together a valuable article with some highlights of health care reform which is pertinent to those in this industry. By 2014, everyone will be required to carry [...]
More and more employers, including Sears Holdings Corp, and Darden Restaurants, are giving employees the opportunity to purchase their own health insurance by giving them a fixed amount of money and empowering individuals to shop around for the best health insurance quotes. This approach is called defined contribution health insurance and is very different than [...]
Even though President Obama’s health law doesn’t fully go into effect until 2014, the Affordable Care Act (AFA) is expecting to cause some big changes this coming year. Health care reform has already influenced insurers to make big changes in 2012, and more changes are coming in 2013. Many employers’ open enrollment period is upon [...]
During these tough economic times, many people are choosing to go without any health insurance coverage to save money. According to Money.CNN.com, about 16.3% of the US population is uninsured as of 2010 and that number is growing. The main groups going without coverage include foreign born residents who are not US Citizens, young adults [...]
More and more large employers across the nation are implementing wellness programs into their health insurance benefit packages in an effort to reduce costs. The idea remains that if employees are encouraged to take care of their health through exercise and screenings, then their health care needs will decrease and health insurance costs will go down [...]
A major part of President Obama’s Affordable Care Act requires employers with more than 50 employees to offer health insurance to full-time employees. This is stirring up a lot of controversy among business owners, and Papa John’s Pizza CEO, John Schnatter recently spoke about how this part of the law will affect his business. According [...]
The Affordable Care Act (ACA) will end up impacting many facets of the health insurance industry, but individual health insurance policies will feel some of the biggest changes according to Debra A. Donahue’s article on MarkFarrah.com. Through the ACA, the law requires that states establish Health Benefit Exchanges. The Congressional Budget Office estimates that by [...]
The government option for health insurance has its pros and cons, but businesses are noticing that private health insurance could be the better choice. The article by Jamie L. Brockway, “Business Owners See Value of Private Health Plans Over Government Option” on ifawebnews.com talks about what challenges business owners face as they make this decision. [...]
Approximately 40,000 retired public sector employees have sued New York State over an increase in health insurance rates. The suit was recently filed in the Albany County State Supreme Court according to the article “Retirees Sue State Over Health Insurance Hike” by Rick Karlin found on TimesUnion.com. The president of the Retired Public Employees Association, [...]
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