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Health Care Reform

60% of Parents May Opt NOT to keep Recent College Grads on their Health Plan

Zinser · May 19, 2011 · Leave a Comment

In a new survey from Kelton Research released Monday, roughly 60% of parents are going to opt NOT to carry their recent college graduates on their health plan. The reasons are vast – some say they want their children to get it on their own, others say it’s too expensive to keep their children on their plan.

Here’s the link to the study:

http://www.benefitspro.com/2011/05/16/survey-many-grads-may-not-get-health-coverage-from

 

The reason this is such an issue right now is because of the recent Health Care Reform laws. This shouldn’t be an issue for the majority of families out there. Most 21-26 year olds are healthy enough to obtain their own insurance. I will concede that paying for it is entirely different matter, but there are inexpensive major medical plans available to this population of Americans.

Most parents aren’t aware of how inexpensive it is to buy a policy for their adult aged children. There are plans out there for as little as $50 a month. This plan may not be the “Cadillac” of medical plans, but it will bridge the gap until these recent college graduates get hired.

If you would like to pursue this option, we have the capability to request an online quote, and to apply with the company. There are links on our website that will take you to either Anthem’s individual website, or Humana’s individual website. If you don’t feel comfortable with this method, please feel free to contact us either via phone or email.

Family Health Care Costs Rise Again

Zinser · May 12, 2011 · Leave a Comment

An independent actuarial and healthcare consulting firm Milliman Inc., is reporting that American families who obtain their health insurance through their employer are experiencing a 7.3% increase in their health insurance in 2011. This is $19,393 per family in 2011.

The study is also showing that employers are paying less of the premium for their employees medical insurance. This trend has been going on for quite sometime.

The study also reveals that Health Care Reform is not reducing the cost of medical insurance.

Read the full article

Employers W-2 Reporting Requirement

Zinser · April 29, 2011 · Leave a Comment

This piece of health care reform continues to change constantly.  United Health Care released some news on this just this week –

“Employers will be responsible for reporting to employees the total cost of their group health benefit plan coverage on their W-2 forms under the Patient Protection and Affordable Care Act. The reporting requirements are expected to apply to the 2012 W-2 forms, which is information employers must report to employees in January 2013.

This requirement is informational only and does not mean that employer-provided coverage will become taxable. Employers filing fewer than 250 W-2 forms in 2011 will not be required to report the cost of coverage on any forms furnished to employees before January 2014.”

Stay tuned, I’m sure it will change again!

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Zinser Benefit Service - Small Business Insurance

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