Employers may take a different approach to health insurance

employer health insurance employee benefits

Employers may be looking to encourage workers to purchase their own health insurance coverage Employers in the U.S. may opt to pay their employees to purchase health insurance coverage. The Affordable Care Act has made insurance plans more accessible to a wide range of consumers through the establishment of insurance exchanges in every state. These exchanges exist as online marketplaces where people can find the insurance coverage they are interested in. Industry analysts suggest that the majority of those who currently receive insurance coverage from their jobs will move on…

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Health care reform is causing public sector shift cuts

Health care Reform

In order to bypass the requirements of the insurance law, workers are becoming part time employees. According to local and state officials across the country, public employees are finding their hours cut back and limited to that of part time workers when they had previously been working full time, as their employers are trying to skirt the health care reform requirement to provide them with insurance. This has been the case in public schools, community colleges, cities, and counties. The public sector is an area that has yet to experience…

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Health care reform mandate delayed yet again

Affordable Care Act Health Care Reform

The White House has now put off employer fines until 2016 after continued rollout struggles. According to the latest large delay issued by the Obama administration for the health care reform, the majority of employers will still not face a fine next year if they do not offer insurance benefits to their employees, yet. The timing of the implementation of this element of the health insurance law has now been pushed back. According to the Affordable Care Act’s regulations, the Treasury Department has stated that businesses that have between 50…

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UPS drops health insurance coverage for 15,000 working spouses

U.S. Health Insurance

UPS makes health insurance cuts citing financial concerns The United Parcel Service (UPS) of the U.S. has announced that it will be cutting the health insurance coverage it provides to approximately 15,000 spouses of full-time employees. The company is one of the largest employers in the country, but has been expressing concern regarding how the health insurance sector will be affected by the Affordable Care Act. According to UPS, the move is due to the rising costs of health care in general as well as the provisions associated with the…

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Health insurance trends among employers defining themselves across the country

health insurance companies profits

Though the overall direction seems to be a decline, this is not so in Massachusetts. The results of a newly released report on health insurance sponsored by employers from one state to the next, has revealed some interesting trends occurring across the country as well as in some specific states. The data has indicated a change in direction for much of the country, though not in some states. The State Health Access Data Assistance Center’s study, which was funded by the Robert Wood Johnson Foundation, showed that while employer sponsored…

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