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
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 [...]
November Diabetes Awareness Month
October 29, 2012 By Leave a Comment
November is Diabetes Awareness Month
October 25, 2012 By Leave a Comment
President Obama’s claim that insurance premiums ‘will go down’
August 29, 2012 By Leave a Comment
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 [...]
Health insurer rebates to top $1 billion | BenefitsPro
April 27, 2012 By Leave a Comment
IRS issues guidance on W-2 reporting
January 20, 2012 By Leave a Comment
On January 3, 2012, the IRS issued additional interim guidance on the W-2 reporting requirement that is part of health care reform. In this guidance, the IRS confirms that employers filing fewer than 250 W-2s are not required to report the value of health benefits. This guidance extends that relief until further guidance is issued. Additionally, the [...]
Generic for Lipitor Now Available
December 10, 2011 By Leave a Comment
On November 30, 2011 Ranbaxy Laboratories launched the generic equivalent for Lipitor, atorvastatin. Ranbaxy will be the sole manufacturer of this generic drug for the next 180 days. Other manufacturers of the drug will be available in May 2012. The savings at the beginning will be minimal, but once May 2012 roles around we should [...]
Long-Term Care Costs Continue To Rise
November 1, 2011 By Leave a Comment
According to a 2011 MetLife market survey of Nursing Home, Assisted Living, Adult Day Services and Home Care Costs national average rates for a private nursing home room increased 4.4% to $239 daily or $87,235 annually. Some other statistics: In 2010 66% of nursing home residents were women. The median age of residents was 82.7. [...]
