The Insurance Journal posted an article about the lack of education for the Affordable Care Act, which has Mandatory Coverage coming into affect in less than 8 months. You may find the article here: Insurance Journal Article. Most Americans, including most business owners, are not aware of the laws important provisions
The Insurance Journal has just published a new report about where Americans get their Health Insurance coverage. The article may be found on this link. Over the last 10 years, less workers, who are not subject to Medicare, are purchasing health care coverage from their workplace. This means that they are either uninsured or
California Assembly Speaker John Perez introduced legislation in California to expand Medi-Cal. This was done to help California comply with the Affordable Care Act, where all US Citizens must have Health Insurance starting in 2014. A Fresno Bee article on the subject may be found here: Legislation to Expand Medi-Cal. Several things
Federal regulators have just announced that they are delaying the requirement that employers notify their employees about the availablity of public health insuance exchanges. The requirement is delayed indefinately at this time, but it is expected to come back this fall. You may find a Business Insurance article on the
On December 29th, 2012 the IRS issued an update on its website about the "Employer Shared Responsibility" (money due from an Employer) provisions under the Affordable Care Act. It details out when, why and how much an Employer will owe if they are required to provide an acceptable group health
The California Insurance Commisisoner, Dave Jones, is backing a Ballot measure in November 2014 that would allow the CA Department of Insurance to regulate small group health insurance rates. Small group is defined as a health plan with 50 or less participants on the plan. Currently, rates are set by
California Work Comp rates are being raised by most insurance companies. Business owners are in a position of trying to deal with declining revenues and increasing costs. In many cases, payroll reductions have actually driven the total insurance premium cost down, but the actual rates on the payroll you have left is going up.
Wellpoint, parent company of Anthem / Blue Cross has warned its individual policy holders that their rates may go up 39%, but the majority of their policy holders will have a 24% rate increase. They advise this is due to claims dollars paid out are higher than premiums brought in,