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Posts Tagged ‘St. Charles’

Medicare Out-of-Pocket Costs You Should Expect to Pay

Thursday, April 5th, 2018

Yahoo Finance reports:

“Medicare provides valuable health insurance for individuals 65 or older and certain people with disabilities who are under age 65. But it also comes with complex rules and sometimes significant out-of-pocket costs. Here’s what you can expect to pay for Medicare:

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Benefits Selling’s 2014 Employer Survey

Friday, October 3rd, 2014

Benefits Pro reports:

“The implementation of the Patient Protection and Affordable Care Act has made most employers “rethink” their employee benefit offerings, including increasing employees’ share of cost even more via consumer-driven plans.

According to Benefits Selling’s 2014 Employer Survey, 70 percent of employers said PPACA has made them rethink their employee benefit offerings, compared to 30 percent who said the health care reform law hadn’t had any impact on their offerings.

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HHS: Health Care Premiums Likely To Go Up In 2015

Friday, April 4th, 2014

Insurance News Net reports:

“Health and Human Services Secretary Kathleen Sebelius says health insurance premiums are likely to increase in 2015.

Sebelius’s comments came Wednesday during a hearing of the House Committee on Ways and Means about the White House’s 2015 budget proposal, the Wall Street Journal reported.

“I think premiums are likely to go up, but at a smaller pace than what we’ve seen since 2010,” Sebelius said.

The increases seen in 2015 will likely be smaller than those seen in previous years, Sebelius said.

The number of young Americans signing up for health insurance has been below the level needed to keep premiums stable, the Wall Street Journal reported.

On Tuesday, the Obama administration said about 25 percent of people age 18 to 34 have signed up for Obamacare — lower than a 40 percent target believed needed to keep premiums relatively stable.

Overall, 4.2 million people have signed up for health insurance since October, the administration said.”

ACA Out-of-Pocket Max Clarity

Tuesday, September 3rd, 2013

Flex Benefits reports:

“The Affordable Care Act (ACA) requires non-grandfathered plans to impose limitations on out-of-pocket expenses for essential health benefits starting in 2014. The out-of-pocket limitations will be capped next year at $6,350 for single coverage and $12,700 for family coverage.

However, some self-funded plans will be exempt from this requirement until 2015. The guidance indicates that self-funded plans contracting with multiple service providers can delay this requirement for one year.

For example, some self-funded plans contract with one service provider to administer their major medical benefits and another service provider to administer their pharmacy benefits.

The reason for the delay has been linked to administrative complications in tracking the out-of-pocket expenses when multiple service providers are used.

The new out-of-pocket limitations will still apply in 2014 to all individual health plans, fully insured group health plans and self-funded group health plans that use a single service provider to administer their plan benefits.””

Labor Unions to Pelosi, Reid: Obamacare Healthcare Reform Hurts Us Too

Friday, July 19th, 2013

The Washington Free Beacon reports:

“Three major unions wrote a letter to House Minority Leader Nancy Pelosi (D., Calif.) and Senate Majority Leader Harry Reid (D., Nev.) asking them to fix major flaws in Obamacare that “will destroy the very health and wellbeing of our members,” the Wall Street Journal reported.

The letter, sent on Friday by the International Brotherhood of Teamsters, a hotel workers union, and a food workers union, notes the unions’ strong support for Democrats, but argues that the Obama administration’s signature accomplishment will devastate them.

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Democrats hit the road to sell public on Obamacare

Tuesday, July 9th, 2013

The Kansas City Star reports:

“Three years after it passed, President Barack Obama and fellow Democrats are still trying to sell the federal health care law to a skeptical nation.

Lawmakers, armed with tool kits and fact sheets, are fanning out across the nation to tout the law’s benefits. Those charged with implementing its changes, starting with Health and Human Services Secretary Kathleen Sebelius, are pushing companies to donate money to a private group that’s working to get the program up and running. Supporters are organizing armies of volunteers to go door to door to try to sign up millions of uninsured Americans.

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Will Obamacare end job lock? Study finds 1.5 million to join self-employed due to law

Monday, June 17th, 2013

The Business Journals reports:

“Will health care reform lead 1.5 million Americans to become self-employed next year?

Researchers from the Urban Institute and Georgetown University think so. They’ve concluded that the reforms under the Affordable Care Act will end “job lock” — people staying with their current employer just for the health coverage — and encourage folks to strike out on their own.

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