Alabama State Employees Insurance Board facing “fiscal cliff”

Alabama Employees Insruance

State Employees Insurance Board foresees problems with the Affordable Care Act Alabama is facing a serious “fiscal cliff,” according to William Ashmore, CEO of the State Employees Insurance Board. Ashmore’s concerns largely revolve around the Affordable Care Act and what impact it may have on the health insurance being provided to employees of the state. Next year, the law is expected to enact new changes to the health insurance market, with some of those changes targeting the health insurance plans of state workers. These changes are expected to bring about…

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Health insurance may get much more expensive for common care

Health Insurance coverage - uninsured drops

Consumers expected to see major shift in health insurance costs in 18 months U.S. consumers may be in for a shock if they need to visit the hospital for any reason soon. Over the next 18 months, employer-sponsored health insurance is expected to become vastly more expensive as companies push workers to contribute more to their policies. Other companies are expected to drop coverage in an attempt to cut costs, driving workers to seek out policies from private insurance companies, which are also looking to limit their exposure to financial…

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Employer-sponsored health insurance for government workers evolving

Group Health Insurance

Employer-sponsored health insurance gap shortening between public and private sectors A new analysis from USA Today has found that many state and local governments throughout the country are saving significant amounts of money on employer-sponsored health insurance by cutting the benefits that are provided to workers. According to federal data, government workers typically have access to more generous health insurance benefits than those in the private sector. Several economic factors, such as a major recession, have encouraged states to make changes to the coverage they offer employees, in an attempt…

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Health insurance for workers at Olive Garden to improve

Health Insurance for employees at the Olive Garden

Employees have been told that they can expect to see better benefits coming soon. Sears and Darden Restaurants – the company that owns the Olive Garden and Red Lobster chains – has recently revealed their intensions to change the way health insurance benefits will be provided to the workers at those locations. Employees will now have the opportunity to purchase their own plans. The restaurant giant has stated that instead of choosing the plan on behalf of their employees, it will pay them directly in order to allow them to…

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Catholic Health to provide new health insurance plans

Health Insurance plans

Catholic Health announces new insurance options for businesses New York’s Catholic Health, along with its affiliated health care professionals and Independent Health, has announced that it will begin offering new health insurance options next year. These options are being designed to low the premiums associated with certain types of coverage and narrow the organization’s health care network. Other insurance groups throughout the U.S. are adopting similar initiatives in order to adapt to the changes being made by the Affordable Care Act. New plans part of response to business concerns Catholic…

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