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Posts Tagged ‘Affordable Care Act’

Employer health plans fading fast

Friday, April 4th, 2014

Benefitspro reports:

“Only a quarter of employers are certain they will still be offering company-sponsored health insurance a decade from now.

That’s down from 38 percent in 2010 and 73 percent in 2007, according to a survey by Towers Watson and the National Business Group on Health.

(more…)

Blue Cross parent expecting losses in 2014 due to Obamacare

Wednesday, April 2nd, 2014

Healthcare Daily reports:

“Annual net income for the parent company of Blue Cross & Blue Shield of Illinois fell well below the $1 billion mark for the first time since 2009, in part because the insurance giant is setting aside money to offset expected losses from the troubled rollout of Obamacare.

(more…)

What to consider before deciding to go without health insurance

Tuesday, February 18th, 2014

The Los Angeles Times reports:

“Some people may elect to forgo coverage if they believe the cost is too high. But health experts say they may not be aware of all the risks and benefits involved.

Sarah Giron wants health insurance, but she says it’s just not in her budget. “It’s so expensive,” says the 34-year-old stay-at-home mom in Riverside County.

(more…)

The aftermath of the employer responsibility ruling

Tuesday, February 18th, 2014

Employee Benefit Adviser reports:

“The U.S. Treasury Department and Internal Revenue Service issued the final regulations on the employer mandate under the Affordable Care Act this week. While the pay-or-play rules got a little delay, and some revisions will be debated for weeks to come, here are the nuts and bolts of the full regulation: (more…)

Statement on Delay in Some Employers’ Health-Insurance Mandate

Tuesday, February 18th, 2014

The Wall Street Journal reports:

 WASHINGTON - Today, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) issued final regulations implementing the employer responsibility provisions under the Affordable Care Act (ACA) that take effect in 2015.  In addition, final regulations will be issued shortly that aim to substantially streamline employer reporting requirements for employers that offer highly affordable coverage to all or virtually all of their full-time employees.  The employer responsibility rules assist employers affected by these policies in providing quality, affordable coverage to their workers. If employers decide not to offer insurance to their employees, they will make an employer shared responsibility payment beginning in 2015 to help offset the costs to taxpayers of their employees getting tax credits through the Health Insurance Marketplace. (more…)

When It’s Time to Get Off Your Parents’ Health Plan

Tuesday, February 18th, 2014

Yahoo Finance reports:

“One provision of the Affordable Care Act that has garnered pretty universal praise is the policy change allowing young adults to remain on their parents’ health insurance plans through age 26. Previously, young adults were knocked off the plans at age 19. (Full-time students were able to stay on until age 22.) (more…)

IRS puts off PPACA discrimination testing

Monday, February 17th, 2014

Benefits Pro reports:

“Robert Pear, a New York Timesreporter, made waves this week by calling the Internal Revenue Service about what happened to the Patient Protection and Affordable Care Act nondiscrimination provisions. (more…)

Most uninsureds don’t plan on getting covered

Tuesday, January 28th, 2014

Benefits Pro reports:

“Less than 40 percent of the uninsured population will get health insurance this year, despite the individual mandate in the Patient Protection and Affordable Care Act that says they have to.

That estimate comes from a survey released by the Robert Wood Johnson Foundation and the Urban Institute.

(more…)

Affordable Care Act: Employer cannot pay for Exchange plan

Wednesday, January 8th, 2014

Health Unsurance reports:

Can my employer subsidize the cost of insurance purchased through the California Exchange?

West Coast Raisin

(more…)

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