Keeping Your Plan Until 2017

On Wednesday, March 5th, the Obama Administration announced a 2 year extension to the policy that if your individual or small group plan was due to be cancelled in 2014 as a result of the essential health benefit benchmarks and other market reform requirements imposed by PPACA, you would be able to keep it, as […]

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 […]

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 […]

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

Flow Chart for Employers

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 […]

W-2 Reporting Requirements

Starting with the 2012 Tax Year, businesses that file more than 250 W-2’s will be required to disclose the cost of the employee’s medical insurance.  All size businesses will start doing this with the 2013 tax year. Please consult your Accountant about what other benefits may also be required to be reported. This guide was […]

November Diabetes Awareness Month

Here’s a calender that Anthem put together to help diabetics treat their condition. Anthem Diabetes Calender

November is Diabetes Awareness Month

Below is a newsletter that United Health Care produces for employers and employees about Diabetes.  Very interesting and informative.  Please feel free to print and share with your employees.   Diabetes Newsletter

President Obama’s claim that insurance premiums ‘will go down’

This article was taken from the Washington Post from their fact checker blog.  Interesting stuff… http://www.washingtonpost.com/blogs/fact-checker/post/president-obamas-claim-that-insurance-premiums-will-go-down/2012/08/09/424048f2-e245-11e1-a25e-15067bb31849_blog.html