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
December 13, 2013 by Leave a Comment
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
June 27, 2013 by Leave a Comment
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
May 13, 2013 by Leave a Comment
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 […]
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
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
February 5, 2013 by Leave a Comment
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
February 5, 2013 by Leave a Comment
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
