Live Insurance News

Health insurance change goes unnoticed by many small businesses

January 21, 2013January 21, 2013 S.Vagus

Small, yet significant change to health insurance mandate made late last year Small businesses throughout the U.S. have been bracing for the financial impact of new health insurance regulations that will go active in 2014. Projections suggest that the health insurance policies that these companies offer to employees will become significantly more expensive when these regulations go live. In late December, 2012, amidst debates concerning the “fiscal cliff” that the country had been facing, an amendment to these federal regulations was introduced that went mostly unnoticed by small businesses. Regulation…

Health insurance avoided by Wendy’s franchisee by cutting worker hours

January 10, 2013January 10, 2013 Julie Campbell

Full time employees have been dropped back to part time hours so that the franchise won’t have to cover them. It has been revealed that an Omaha, Nebraska owner of a Wendy’s franchise has the intention of slashing the hours of 300 full time employees in order to make them part time workers so that the company can avoid having to provide them with health insurance as required by the Affordable Care Act. The franchise is not required to have to provide part timers with medical benefits, which explains the…

Health insurance decisions will need to be made by businesses

January 3, 2013January 3, 2013 H. Cutner

There is now less than a year for companies to decide on the employee benefit options they wish to provide. With New Year’s Day behind us, there is now less than one year before the heart of the healthcare reforms go into effect, causing companies to need to take a serious look at the health insurance benefits that they intend to offer once January 1, 2014 comes around. The overhaul to the system and the coverage laws will reshape the way American employers offer benefits. After the healthcare reforms go…

Health insurance law opposition causes harm to Darden Restaurants

December 7, 2012April 30, 2013

Health Insurance for employees at the Olive Garden

The parent company of the Olive Garden and Red Lobster is seeing struggles from its resistance. Darden Restaurants has made a concerted effort to reject the healthcare law requirement that employers provide their workers with health insurance, and this has caused the company to experience a backlash that it may not have expected. Americans have been boycotting the restaurants in support of the hours and benefits of its workers. The company had previously announced its intentions to cut back the hours of its employees in order to ensure that it…

Health insurance policy changes at Walmart deny coverage to some new employees

December 4, 2012April 30, 2013

This sends the burden of coverage for some workers to the new healthcare system and to Medicaid. The latest updates to Walmart’s company policy have revealed that the largest employer in the United States, Walmart, will not be providing health insurance to its new hires when they will be employed for a workweek that is shorter than 30 hours. The new policy will also allow coverage to be denied to current workers if their weekly hours fall. Employees whose hours drop below the 30 hours per week mark may also…