New Taxes

Starting in 2014, there are new charges on health insurance companies and on individual taxpayers to fund the ACA (PPACA or ObamaCare). The first one is known as HIT – the health insurance tax.  This is an assessment on some health insurance companies based on their market share. Health insurers oppose the tax because it […]

Updated Enrollment Numbers

I read in some online publications today that President Obama’s administration finally released some enrollment numbers of citizens enrolling in medical insurance plans for January 2014. I have my own questions about these numbers. Some of this information is taken from articles across the Web, but most of it is from Ezra Klein’s blog, which […]

Understanding ObamaCare

Here is some information to help you navigate Obamacare. 1 – Does your current health insurance plan need to change? If you have a grandfathered plan your going to be able to keep your plan (as long as the health insurance company you have your grandfathered plan with allows you to do so). If you […]

Voluntary/Worksite Benefits

I was published!   http://www.benefitspro.com/2013/06/12/brokers-turn-to-supplemental-plans-to-combat-ppaca?eNL=51b8c999150ba0232f0002e9&_LID=80575373&t=Consumer-Driven&page=3

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 […]

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

Below is a link to the U.S. Small Business  Administration Home Page.  The SBA does a good job of breaking down some of the key components of PPACA and how they apply based on the size of your business. Let me know if you have any specific questions.   http://www.sba.gov/healthcare

COBRA Cheat Sheet

Below is something that I found that Conexis (a third-party administrator) has put together for employers that are subject to COBRA.  This is not to replace the value of a TPA, but can serve as some guidance. COBRA Cheat Sheet

New 2013 FSA Maximum Contributions

Here is a press release from United Healthcare communicating the new annual contribution or election amount for health care Flexible Spending Accounts (FSA). FSA Max 2013