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Posts Tagged ‘smokers’

UPS blames PPACA, to slash 15,000 spouses from coverage

Tuesday, September 3rd, 2013

Benefits Pro reports:

“The number of employers whose company health benefits plan cover the working (elsewhere) spouses of their employees has just been reduced by one — and it’s a big one, too.

UPS announced in a memo to employees that it would cut up as many as 15,000 employees’ working spouses from its health coverage rolls.


Get Ready for Enrollment in Health Exchanges

Tuesday, September 3rd, 2013

The Wall Street Journal reports:

“In about six weeks, Americans will have a new kind of open enrollment to consider.

Starting Oct. 1, people without health insurance can sign up for standardized coverage through new health-insurance marketplaces run either by their state, the federal government or a combination of the two—the centerpiece of the Patient Protection and Affordable Care Act.


U.S. Businesses Pay About $6,000 Extra For Workers Who Smoke

Thursday, June 20th, 2013

Insurance News Net reports:

“U.S. businesses pay $6,000 per year extra for each employee who smokes compared with someone who has never smoked cigarettes, researchers say.

Lead author Micah Berman, an assistant professor of health services management and policy in the Ohio State University College of Public Health and Moritz College of Law who began the research while on the law faculty ofCapital University in Columbus, said the team analyzed the cost of absenteeism, lost productivity, smoke breaks and healthcare costs of employees who smoked.


Experts warn of huge cost disparities in reform

Monday, June 3rd, 2013

Benefits Pro reports:

“Cancer patients could face high costs for medications under President Barack Obama’s health care law, industry analysts and advocates warn.

Where you live could make a huge difference in what you’ll pay.

To try to keep premiums low, some states are allowing insurers to charge patients a hefty share of the cost for expensive medications used to treat cancer, multiple sclerosis, rheumatoid arthritis and other life-altering chronic diseases.


Smokers face stiff penalties under health care reform

Thursday, January 31st, 2013

Oregon Live reports:

“WASHINGTON — Millions of smokers could be priced out of health insurance because of tobacco penalties in President Barack Obama’s health care law, according to experts who are just now teasing out the potential impact of a little-noted provision in the massive legislation.

The Affordable Care Act — “Obamacare” to its detractors — allows health insurers to charge smokers buying individual policies up to 50 percent higher premiums starting next Jan. 1.

For a 55-year-old smoker, the penalty could reach nearly $4,250 a year. A 60-year-old could wind up paying nearly $5,100 on top of premiums.


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