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
May 11, 2013 By Leave a Comment
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
May 10, 2013 By Leave a Comment
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
May 9, 2013 By Leave a Comment
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
February 11, 2013 By Leave a Comment
New 2013 FSA Maximum Contributions
February 5, 2013 By Leave a Comment
Flow Chart for Employers
December 12, 2012 By Leave a Comment
Below is a flow chart for all sized employers. The flow chart is an easy configuration to determine whether or not your employer will pay a penalty if they don’t offer affordable coverage. Remember, your employer doesn’t have to offer coverage, the employer can still decide that it’s in their best interests to pay the [...]
President Obama’s claim that insurance premiums ‘will go down’
August 29, 2012 By Leave a Comment
New Investment Tax Starting in 2013
July 3, 2012 By Leave a Comment
With the Supreme Court’s ruling that the Patient Protection and Affordable Care Act (PPACA) is Constitutional, we will now probably have daily updates on some of the new laws that this massive bill has implemented. One of these is the new investment tax starting in 2013. “The new tax, which Congress passed in 2010, affects [...]
Medical Loss Ratio Rebates
June 26, 2012 By Leave a Comment
A few points to mention: This represents less than 10% of private health insurance consumers The average rebate is $151/family A small percentage will actually see a check b/c if you currently acquire your health insurance through your employer, the employer will get the insurance rebate check – however, most carriers are not wanting to [...]
