Live Insurance News

Affordable Care Act may not be a “job killer”

October 12, 2013October 12, 2013 S.Vagus

Misconceptions concerning federal law create unnecessary tension in the job market The U.S. Affordable Care Act is surrounded by many myths and misconceptions. One of the most significant of these misconceptions is the idea that the federal law will lead many small businesses throughout the country to fire workers. This concept is tied to the health insurance mandates associated with the federal law. These mandates require businesses to provide health insurance benefits to full-time employees, but the law has its own designation for what qualifies as a full-time employee. The…

Health insurance provision delay could be a costly measure

August 5, 2013August 3, 2013 Marc

Health insurance provisions of the Affordable Care Act could cost the country money The Congressional Budget Office has released a new report concerning the delay of certain provisions of the Affordable Care Act. Early in July, the Obama administration decided that a number of key provisions of the Affordable Care Act would be delayed in order to allow businesses to better prepare for the financial implications of the federal law. The delayed provisions are focused on small businesses, requiring them to provide health insurance coverage to full-time workers. Small businesses…

Small business health insurance exchange may be coming to Mississippi

August 1, 2013July 30, 2013 Logan B.

Mississippi commissioner has plans for a state-run health insurance exchange Mississippi Insurance Commissioner Mike Chaney has a new plan concerning the state’s health insurance exchange. Chaney was recently involved in a controversial political battle with the state’s Governor regarding compliance with the Affordable Care Act and how the state’s exchange system should be formed and managed. Chaney had initially intended to run the state’s health insurance exchange himself, without the support of Governor Phil Bryant. This plan was rejected by the federal Department of Health and Human Service, but Chaney…

Health insurance major requirement delayed by Obama

July 3, 2013July 3, 2013 Julie Campbell

The president has unexpectedly announced a delay to the law requiring many businesses to offer coverage. President Obama shocked the nation with an announcement that was made in a significant concession to business groups, as the administration allowed for a delay in one of the central health insurance components of the healthcare law. This change was to a deadline for one of the components at the heart of the healthcare reform law. Now, many businesses that would have been required to offer health insurance to their employees as of January…

How the New Health Insurance Laws of 2014 Will Affect Businesses

June 23, 2013April 21, 2014 Guest Author

Health care has always been a hot topic. Historically health insurance was too expensive for many smaller businesses and individuals to have. Unfortunately the failure to obtain that insurance could result in very high medical costs when hospital, doctor, or dental visits were required. The Affordable Health Care Act known by many as ObamaCare will come into full effect in January of next year. It is meant to reform health care as we know it. There will be many changes that businesses and employees should be aware of. Overall Health…