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Posts Tagged ‘Lisle’

Is Medicare Tax-Deductible?

Friday, March 24th, 2017

The Motley Fool reports:

“Medicare provides critical health benefits to countless senior citizens, and while Part A, which covers hospital visits, typically does not impose a premium, Parts B and D, which cover preventative services and prescription drugs, respectively, come at a cost.

(more…)

Obamacare Encounters Another Bump in the Road

Thursday, April 28th, 2016

According to News Max Finance:

” Well, the hammer has fallen: The largest health insurer in the U.S. has started pulling out of select Obamacare exchanges.

Five months ago UnitedHealth, which had been singing sunny songs to investors about its bright future on the exchanges, abruptly began crooning the blues. In an earnings call barely a month after executives assured investors that all was going swimmingly, they confessed that they were losing a ton of money on their Obamacare policies and described a pattern that sounded as if consumers were gaming the system — signing up for a few months, using a ton of services, and then canceling their policies. If this continued, they said, they would have no choice but to pull out of the exchange business. (more…)

Ready for a 255% premium hike?

Monday, March 2nd, 2015

Benefits Pro reports:

“Supreme Court ruling killing PPACA subsidies may cause premiums to skyrocket.

If the U.S. Supreme Court rules that federal subsidies under the Patient Protection and Affordable Care Act are invalid, 7.5 million Americans could face an average premium increase of 255 percent this year. And some could face an increase as much as 779 percent.

That’s the dire warning from consulting firm Avalere Health on the impact that the King vs. Burwell case could have on consumers. Arguments in the case begin March 4.

Avalere said 87 percent of federal exchange customers receive a subsidy. Therefore, the firm said killing the subsidies would cause “average monthly premium contributions for enrollees” to potentially increase “between 122 percent and 774 percent, depending on the state.” Residents in Alaska and Mississippi would see the highest percentage increases in their premium contributions, if the court rules in favor of the plaintiffs.

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A broker will help you avoid insurance pitfalls

Tuesday, November 4th, 2014

Business Day reports:

Like any other investment, whether it is stocks or properties or buying of assets, basic knowledge is necessary for a smooth deal. Where the basic knowledge is lacking, it is always advisable that you get an expert to lead you in the deal.

Insurance more than a number of these other investments, is technical in nature requiring that somebody going into it understand the secrets for effective insurance. Otherwise, use the broker because ignorance is not an excuse in law and worst is when someone has made loss, and there is a claim.

To avoid all of these cock and bull stories, take the services of an insurance brokers who by virtue of their profession understand the deal and can assist you to successfully undertake an insurance cover.

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Why Employers Will Stop Offering Health Insurance

Friday, May 16th, 2014

The New York Times reports:

“Here’s a prediction: By 2025, “fewer than 20 percent of workers in the private sector will receive traditional employer-sponsored health insurance.” The source of this claim? Dr. Ezekiel J. Emanuel, in his just-published book, “Reinventing American Health Care.”

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PPACA hasn’t killed COBRA – yet

Friday, July 12th, 2013

Benefits Pro reports:

“With full implementation of Obamacare looming – delays in the employer mandate aside – many in the HR world have been wondering whether health care reform will render COBRA obsolete.

The short answer: yes – and no.

While the new law has no direct impact to the Consolidated Omnibus Budget Reconciliation Act, the indirect effects of the Patient Protection and Affordable Care Act could eventually render COBRA meaningless.

(more…)

Helping Obama—and Other Americans—Weigh Which Health Insurance Exchange to Pick

Tuesday, April 23rd, 2013

Rand reports:

“President Obama has said he intends to enroll, personally, in one of the health insurance exchanges created under the Affordable Care Act (ACA) when they become active later this year. So which one?

Speculation has focused on his home jurisdictions of Illinois or District of Columbia. But the President may want to consider a multistate plan (MSP). A recent RAND study analyzed MSPs and the population that may seek to enroll in them.

(more…)

Health care reform exclusions raise concerns over funding for uninsured

Monday, December 17th, 2012

The Las Vegas Sun reports:

“Armando Hernandez first felt a searing headache, then his legs began to swell.

He lived with the pain for two days but finally relented and went to a hospital on day three. The Reno resident was 19 years old at the time. His kidneys were failing.

(more…)

Tech firm rides health-reform wave

Monday, July 30th, 2012

The Chicago Sun-Times reports:

“A Chicago clinic and a suburban tech firm expect to grow as federal health-care reform takes effect — a massive overhaul that the Congressional Budget Office forecast this week will require $1.17 trillion in new government spending in the next decade, or $84 billion less than first estimated.

The budget office revised its numbers based on the U.S. Supreme Court’s ruling in June that President Obama’s health-care reform law is constitutional, but that states can opt out of Medicaid expansion. The opt-out means 3 million fewer low-income Americans will be insured by the federal-state program.

(more…)

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