By Christopher Behnan • DAILY PRESS & ARGUS • May 16, 2010
Staring June 23, the law creates a health subsidy for retirees between the ages of 55 and 64. The program will subsidize 80 percent of approved claims totaling $15,000 to $90,000.
That program is planned to expire in 2014.
Also this year, employers with less than 25 employees that contribute at least 50 percent of premiums per employee may be eligible for a tax credit.
The credit wouldn't be filed until next year's tax return, but employers should start calculating employee hours required to determine full-time equivalency data, Porta said.
The government will count a 4.98 full-time equivalency as four full-time employees rather than rounding it up to five, for a greater credit.
read more
In that case, employers can bump up their staff's hours slightly to obtain the higher credit, Porta explained.
"It can make a difference. You want to maximize the tax credit," he said.
Friday, May 21, 2010
Saturday, May 1, 2010
Health insurers end cancellations
Rueter's
Susan Heavey and Lewis Krauskopf - Analysis
WASHINGTON/NEW YORK
Fri Apr 30, 2010 12:51pm EDT
WASHINGTON/NEW YORK (Reuters) - U.S. health insurers are avoiding the controversial but rare practice of canceling coverage when a customer gets sick, but it is unclear how regulators will enforce the ban, which could affect thousands of policyholders.
read more
Susan Heavey and Lewis Krauskopf - Analysis
WASHINGTON/NEW YORK
Fri Apr 30, 2010 12:51pm EDT
WASHINGTON/NEW YORK (Reuters) - U.S. health insurers are avoiding the controversial but rare practice of canceling coverage when a customer gets sick, but it is unclear how regulators will enforce the ban, which could affect thousands of policyholders.
read more
Friday, April 23, 2010
Companies Drop Employer-Sponsored Health Insurance
Clarifying Health
Thursday, April 22nd, 2010
The Health Care Reform bill signed into law on March 23, 2010 is the death knell for employer-sponsored group health insurance. And that’s a good thing.
read more
Thursday, April 22nd, 2010
The Health Care Reform bill signed into law on March 23, 2010 is the death knell for employer-sponsored group health insurance. And that’s a good thing.
read more
Wednesday, April 14, 2010
Agencies Seek Health Care Implementation Comments
LIfe and Health Magazine
Article by ALLISON BELL
Published 4/12/2010
"Federal regulators are asking members of the public for comments on how the government should implement the Patient Protection and Affordable Care Act..."
"..... how states define 'unreasonable rate increases,' rules for public disclosure of rate increase information, ideas about how to go about excluding plans that impose 'unreasonable rate increases' from the new state health insurance exchange system, and ideas about how to minimize the rate review process paperwork burden."
And now the real work of health care reform begins.read more
Article by ALLISON BELL
Published 4/12/2010
"Federal regulators are asking members of the public for comments on how the government should implement the Patient Protection and Affordable Care Act..."
"..... how states define 'unreasonable rate increases,' rules for public disclosure of rate increase information, ideas about how to go about excluding plans that impose 'unreasonable rate increases' from the new state health insurance exchange system, and ideas about how to minimize the rate review process paperwork burden."
And now the real work of health care reform begins.read more
Sunday, March 28, 2010
Quick analysis of effect of new health care bill
Washington Post article 3/28/2010
Now that all the rhetoric is behind us (you think?) what does the new law mean to each individual. Well there is a site with a situation calculator. Requires just 4 inputs. 1. How you are/not insured now 2. how many in your family 3. Your adjusted gross income. 4. Your marital status. The resultant statement is clear and concise.
Click here for site to analyze what the new bill means to you
Now that all the rhetoric is behind us (you think?) what does the new law mean to each individual. Well there is a site with a situation calculator. Requires just 4 inputs. 1. How you are/not insured now 2. how many in your family 3. Your adjusted gross income. 4. Your marital status. The resultant statement is clear and concise.
Click here for site to analyze what the new bill means to you
Tuesday, March 23, 2010
Personal Commentary
Posted 3/23/2010
President Obama has engineered a watered down semi-universal profit driven health care system. His accomplishment will go down in history as one of the major social legislation issues to have been undertaken in generations. To his credit he negotiated placated and modified his way into a victory for politcal accomodation that will (in spite of it's faults) stand the test of time as a Major step forward in American Health Care for all.
Machiavelli said 500 years ago "Change is hard. The losers know very well what they are losing and fight with passion to maintain the status quo. The winners have no experience to know what they are gaining, so are lukewarm in their pursuit" (quotation marks are mine and statements within approximate)
A huge portion of our great nation are currently involved in demonizing and denigrating what has been accomplished. How much better it would be if they stopped for a moment and reflected on their good fortune and proceeded in good faith to modify it to better reflect and adjust to what will become obvious with time needs to be modified.
President Obama has engineered a watered down semi-universal profit driven health care system. His accomplishment will go down in history as one of the major social legislation issues to have been undertaken in generations. To his credit he negotiated placated and modified his way into a victory for politcal accomodation that will (in spite of it's faults) stand the test of time as a Major step forward in American Health Care for all.
Machiavelli said 500 years ago "Change is hard. The losers know very well what they are losing and fight with passion to maintain the status quo. The winners have no experience to know what they are gaining, so are lukewarm in their pursuit" (quotation marks are mine and statements within approximate)
A huge portion of our great nation are currently involved in demonizing and denigrating what has been accomplished. How much better it would be if they stopped for a moment and reflected on their good fortune and proceeded in good faith to modify it to better reflect and adjust to what will become obvious with time needs to be modified.
Monday, March 22, 2010
More Commentary on New Health Ins Bill
The New Health Insurance Law and Your Money
by Smithee on March 21, 2010.
Small group (50 or less employees) health insurance Employers get this years tax break!
complete details of article here
by Smithee on March 21, 2010.
Small group (50 or less employees) health insurance Employers get this years tax break!
complete details of article here
Subscribe to:
Posts (Atom)