Employer-provided health benefits are changing in America, especially for small businesses. Group healthcare costs continue to rise. Annual premiums for group policies have increased over 180 percent in the last 15 years, with the average coverage cost per family expected to reach $20,000 by 2016. As such, many employers have stopped providing group healthcare policies…
At Risk of Losing or Having to Pay Back Health Insurance Subsidies from Affordable Care Act By STEPHANIE ARMOUR Updated Sept. 29, 2014 9:26 p.m. ET Americans in the hundreds of thousands may lose or have to pay back health insurance subsidies from Obamacare if they don’t meet a Tuesday deadline. WSJ’s Stephanie Armour reports. Photo:…
The first big change that you may or may not be aware of is that the open enrollment date is much later this year than it was last year. If you recall, Oct. 1 was the first day you could enroll for 2014. This year Nov. 15 will be the official kickoff for 2015 enrollment. …
At renewal time this year, many small businesses will face sticker shock at the new rate hikes for group health insurance in 2015. Many small businesses are seeking cost-mitigation strategies to deal with the premium increases this year. A popular solution among small and medium-sized businesses is switching employees to individual health insurance and reimbursing…
As an entrepreneur and small business owner for most of my life. I understand the challenges involved with being self-employed. The new ACA (Obamacare) has called a whole new challenge for small business owners. That challenge is is called “out-of-pocket expenses” this is great story by Amanda Glassman. Give us call if you like to…
WASHINGTON — Taxes? Who wants to think about taxes around Labor Day? But if you depend on your tax refund and you’re one of the millions of Americans getting tax credits to subsidize your health insurance premiums under President Barack Obama’s law, it’s not too early. Here’s why: If your income for 2014 exceeds the…