This week’s Business First of Louisville had an article about Modified Community Rating. Director of Government Relations Lawrence Ford is quoted throughout the article. Here’s the link: http://www.bizjournals.com/louisville/print-edition/2013/05/24/modified-community-rating-system-is.html Mr. Ford does a good job of explaining how this will impact Kentuckians rates. He highlights two issues. The first is younger people subsidizing the older population. [...]
PPACA Rollout
On Friday President Obama held an event to tout the benefits of ACA, specifically to a large group of women. The New York Times is also reporting that the administration confirmed that Kathleen Sebelius, the head of the health and human services, has been trying to raise money from the private sector to promote [...]
Follow Up Post to The Cost of Health Care
As a Board Member of our Professional Association (Greater Louisville Association of Health Underwriters, or GLAHU) I’m currently Co-Chair of our Media Relations. I try to submit something monthly, and especially when there is a major story on health care or health insurance. I think I’ve had at least three in the paper over the [...]
Kentucky Expands Medicaid
Yesterday Governor Steve Beshear announced Kentucky’s decision to expand Medicaid. A link to the article in the Courier-Journal is below: http://www.courier-journal.com/article/20130509/PRIME07/305090046 Figures from the 2012 U.S. Census Bureau tells us that 308,000 Kentuckians will now be eligible for this coverage. The next step is for these newly eligible citizens is to enroll. The National Association [...]
The Cost of Health Care
On the front page of the Louisville Courier-Journal this morning (and the first story I heard this morning on CNN), the headline reads “The Cost of Health Care”. Apparently hospitals try to make money, who knew? In all seriousness, this is something that we’ve been talking to our clients about since 2003. This is a [...]
Key Provisions of the Affordable Care Act
2013 Key Data Reference Guide
Below is some financial information that could provide some usefulness to you this tax season. You’ll find a chart for Income Tax Rates, Deductions, Maximum Salary Deferrals for Retirement Plans, and other useful information. This was put together by SunAmerica. This doesn’t take the place of your CPA, this should be used for informational purposes [...]