Archive for the ‘Group Health Insurance’ Category

Employer Obamacare Notification Requirement Due October 1

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Employers, here’s your first act of compliance with the Affordable Care Act.

I can feel your excitement and anticipation.

You are mandated to provide your employees with written notification about the government marketplace “exchanges” for qualified individual health insurance policies. Open enrollment in those exchanges is set to begin on October 1, which is the reason for …

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The 4 Reasons Health Insurance Premiums Are Going Up in Obamacare

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It’s called the “Affordable Care Act” after all. So why are prices going up?

The quick answer: Nothing is free – especially in the world of American healthcare. But you knew that already, so let’s dig in a little bit.

There are 4 factors that are driving the significant price increases we expect to see in 2014:

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Insurance and the Reverse Lottery

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How in the world does insurance actually work anyway?

Think about it. Something bad happens – you get sick, your appendix blows up, whatever. Does money just fall from the sky? Where does it come from?

Take 5 minutes and watch the best explanation of this stuff I’ve ever seen:

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A Simple Obamacare Solution for Small Business

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There’s a very simple way for your small business to respond to Obamacare:

Drop it. Forget it. Don’t worry about it.  Really?

Yes. The easiest way to handle health insurance under Obamacare is to drop your group health insurance plan.  Read on to see how and why this could work for you and your employees.

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What is a partially self-funded health insurance plan?

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You’re going to start hearing a lot about “partially self-funded” health insurance plans for small businesses. And there’s good reasons to consider such a plan for your small business.

So what is a partially self funded plan? Is it right for you?

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How to Get Rid of HR and Compliance Issues

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Let’s face it: HR can be a complicated mess for a small business. A real headache

Photo Credit: bark via Compfight cc

You have to deal with tax issues, legal issues, Department of Labor regulations, all kinds of notices, and who knows what else! You’ve got rules from the feds and the state. And …

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Free Vaccines and the Cost of Your Health Insurance

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Everybody loves free stuff, right?

And everybody knows health insurance is too expensive.

Politicians love to trumpet all the free healthcare services they can mandate for you. But these services are never really free. The doctors who provide “free” physicals still get paid. The tech people that do your “free” mammogram still get paid.

And the companies that …

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What Should You Do if You Have Health Insurance with Carolina Care Plan?

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So your health insurance company is closing its doors. What does that mean for you?

If you have a health insurance policy with Carolina Care Plan in South Carolina or Consumers Life in Georgia, here’s where things stand and what we suggest you do moving forward.

Your current plan will continue to remain in force, should you …

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Obama Administration Delays Employer Mandate in Obamacare Until 2015

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The U.S. Treasury Department has announced that it will delay enforcement of the Health Care Reform “pay or play” requirements for one year. As a result, any penalties (also known as employer shared responsibility payments) will not apply until 2015.

The “pay or play” provisions require large employers–generally those with at least 50 full-time employees and full-time equivalents–to offer affordable …

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Health Insurance Requirements in 2014 (“Obamacare”)

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2014 is coming.

And in 2014, the majority of provisions in the “Affordable Care Act” (ACA – often popularly referred to as “Obamacare”) take effect. The result will significantly impact nearly everyone because the law will require every American to purchase health insurance.

The law also mandates a series of “Essential Benefits” that each health insurance policy …

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