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Posts Tagged ‘Carpend’
Thursday, January 3rd, 2019
The Wall Street Journal reports:
“Some of America’s largest companies are proposing that a good job can lead to a free college education, reversing the norm that requires workers to get the degree before launching a career.
Walt Disney Co., Discover Financial Services, and Yum Brands Inc.’s Taco Bell are among the high-profile employers sending front-line workers back to school, often paying the cost of tuition, fees, books and other expenses upfront and in full. The companies say the benefits of a content and potentially better-trained staff outweigh the costs.
(more…)
Tags: 2019, ACA, bachelor’s degree, Broker, Carol Stream, Carpend, Carpentersville, Cary, company employees, Disney, Employers, enroll, online degrees, Taco Bell, Walmart, Walt Disney Co.
Posted in Employer benefits | Comments Off on Now Hiring, With Attractive New Perk: Free College Degree
Thursday, January 3rd, 2019
ABC 8 News reports:
“A conservative federal judge in Texas on Friday ruled the Affordable Care Act “invalid” on the eve of the sign-up deadline for next year. But with appeals certain, even the Trump White House said the law will remain in place for now.
(more…)
Tags: Affordable Care Act, Carol Stream, Carpend, Cary, Chicago, health insurance coverage, ObamaCare, subsidies, Supreme Court, the affordable care act
Posted in Affordable Care Act | Comments Off on Federal judge rules Obama’s health care overhaul unconstitutional
Wednesday, October 11th, 2017
The Chicago Suntimes reports:
“The potential for Senate Republicans to unravel Obamacare this week diminished on Sunday, when two GOP senators, Susan Collins of Maine and Ted Cruz of Texas said their support was unlikely.
Even though the bill drafted by Sens. Lindsey Graham R-S.C. and Bill Cassidy R-La., is on the verge of failure — and may not even get a vote by the end of the month — as long as Republicans control the House, Senate and the White House, attempts may continue to repeal and replace the Affordable Care Act, former President Barack Obama’s signature health insurance plan.
(more…)
Tags: Affordable Care Act, Carpend, Carpentersville, Chamber of Commerce, Changeing Health Care, Chicago, Chicagoland, Clinton, COBRA, health benefits, Illinois, ObamaCare
Posted in Health Reform | Comments Off on Rauner plays it safe on likely doomed GOP Senate Obamacare bill
Wednesday, March 8th, 2017
Crain’s Chicago Business reports:
“Hospitals and doctors treating patients on the state payroll are now owed a collective $4.3 billion, Democratic Comptroller Susana Mendoza highlights in a new report that reflects a “lawless fiscal climate.”
The annual state report for the fiscal year ended June 30 “paints a worsening outlook” for Illinois’ financial future, the comptroller’s office said in a statement.
(more…)
Tags: Boulder Hill, Bull Valley, Carol Stream, Carpend, Carpentersville, Cary, Chicago, Cicero, insurance, insurance plan, state health insurance
Posted in Illinois, Illinois Health Insurance | Comments Off on Mendoza criticizes Illinois’ ‘lawless’ fiscal climate
Tuesday, October 20th, 2015
PR Newswire reports:
“Blue Cross and Blue Shield of Illinois (BCBSIL) and Downers Grove-based, Advocate Health Care, announced today the creation of a unique health plan that promotes high quality care at a low cost for patients. The plan, BlueCare Direct, is the first of its kind in Illinois for individuals and families, in particular, those who may be highly cost-sensitive healthcare consumers.
(more…)
Tags: Advocate Heath Care, Blue Cross and Blue Shield, Blue Cross and Blue Shield of Illinois, Carol Stream, Carpend, Carpentersville, Chicago, Chicagoland, College Grads, health insurance, health insurance marketplace
Posted in Blue Cross and Blue Shield | Comments Off on Blue Cross and Blue Shield of Illinois and Advocate Health Care launch high performing network
Thursday, June 25th, 2015
Healthcare.gov reports:
“The Employer Shared Responsibility Payment applies to some businesses with 50 or more full-time employees who don’t offer insurance, or whose coverage doesn’t meet certain minimum standards.
Regulations announced in 2014 have updated the following:
- Which employers must make the payment
- Which years some employers must begin making the payment
- Other conditions about the payment
(more…)
Tags: Carpend, Carpentersville, Cary, Chicago, Chicagoland, employees, Employers, health, health care law, healthcare.gov, insurance
Posted in Affordable Care Act | Comments Off on The Employer Shared Responsibility Payment
Friday, February 27th, 2015
Generally, under Employer Shared Responsibility (ESR), applicable large employers (generally, employers with 50 or more full-time employees, including full-time equivalents) face a potential
penalty if they don’t offer minimum essential coverage to full-time employees and their child dependents that has both minimum value (company is paying at least 60 percent of covered health care expenses for a typical population) and is affordable (full-time employees cannot pay more than 9.5 percent of their income for the lowest-cost, self-only coverage). Employers with fewer than 50 full-time employees are not subject to ACA’s ESR provisions. For 2015, employers with between 50 and 99 full-time employees are exempt from the ESR penalty if the employer provides an appropriate certification and meets certain conditions.
In 2015, employers subject to the mandate must offer coverage to 70 percent of their full-time employees and child dependents or risk penalties for failure to offer coverage to all full-time employees and child dependents. To avoid a penalty in 2016, employers subject to ACA’s ESR provisions must offer coverage to 95 percent of their full-time employees and child dependents.
Tags: ACA, Carol Stream, Carpend, Carpentersville, Cary, Chicago, Chicagoland, Cicero, Cook, Cook County, cortland, Crystal Lake, Darien, employees, Employers, Minimum Essential Coverage, Penalty
Posted in Affordable Care Act, Small Business | Comments Off on Employer Shared Responsibility
Thursday, February 26th, 2015
Yahoo Finance reports:
“Wikimedia Commons A Staples storefront. Part-time Staples workers are furious that they could be fired for working more than 25 hours a week.
The company implemented the policy to avoid paying benefits under the Affordable Care Act, reports Sapna Maheshwari at Buzzfeed. The healthcare law mandates that workers with more than 30 hours a week receive healthcare.
(more…)
Tags: affordable care, Affordable Care Act, Carpend, Carpentersville, Cary, Chicago, Costs, employees, ObamaCare, the affordable care act
Posted in Heath Care Costs | Comments Off on Staples threatens to fire employees who work more than 25 hours a week
Tuesday, February 10th, 2015
Crains Chicago Business reports:
“The first year for Illinois’ only co-op health insurance program could be charitably termed as troubled. Established as part of Obamacare, Land of Lincoln Healthaimed to increase competition on the state’s new health insurance exchange, but high prices meant it captured just under 2 percent of enrollments.
As it starts its second year, enrollment is up significantly. But the company is still in a hole and the clock is ticking on when it must begin repaying up to $160 million infederal loans.
(more…)
Tags: ACA, Blue Cross, Carol Stream, Carpend, Carpentersville, Cary, Chicago, Cicero, Cook, Cook County, Crystal Lake, Downers Grove, enroll, Health insurance exchange, health insurance reform, Illinois Department of Insurance, insurance, insurance industry, Insurance Reform, ObamaCare
Posted in Illinois Health Insurance | Comments Off on Ailing Obamacare co-op has an improved diagnosis
Wednesday, December 17th, 2014
Benefits Pro reports:
“The evidence continues to mount that mid-to-large corporations will fine-tune, but won’t abandon, employee health plans.
A Towers Watson survey of 379 companies in that size range found, among other trends, that companies believe in providing health coverage, but want to be able to predict the cost of coverage.
To accomplish both, they are gradually shifting some costs to employees, eliminating some benefits, such as spousal coverage, and encouraging their workers to take more ownership of their health coverage to share in the economic risk of providing coverage.
(more…)
Tags: Campton Hills, Carol Stream, Carpend, Cary, Chicago, Chicagoland, Cicero, Cook County, Crystal Lake, employees, Employers, health insurance, private exchange, public exchange
Posted in Affordable Care Act, Small Business | Comments Off on Employers reducing spousal, family coverage
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