Health insurance mandate could be delayed for a year

health insurance mandate

Senators advocate delay of health insurance mandate Federal lawmakers are beginning to call on the Obama Administration to delay one of the Affordable Care Act’s most controversial provisions. The law requires that all U.S. citizens have active health insurance coverage beginning on January 1, 2014. Those that do not have appropriate health insurance coverage could face fines for every year they go without coverage. The provision is quite similar to federal law requiring all drivers in the country to have auto insurance coverage, but the health insurance mandate has managed…

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Health insurance may not be popular among the young and healthy

Health Insurance industry young millennial

Young people may not be interested in health insurance Health insurance will become mandatory by federal law in the U.S. beginning on January 1, 2014, per the Affordable Care Act. Despite the law’s requirement, however, many young people throughout the country are expected to forgo purchasing health insurance coverage simply because they do not need it. Healthy consumers have little use for health insurance as they consider it to be an unnecessary expense. The problem, however, is that these young people may be losing access to federal subsidies if they…

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Affordable Care Act may not be a “job killer”

health insurance for small business

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…

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Kaiser releases estimates for health insurance tax credits

health insurance news care reform

Health insurance tax credits subject of new Kaiser analysis Next year in the U.S., all citizens aged 18 and above will be required to purchase and maintain health insurance coverage due to federal law. This is one of the most controversial aspects of the Affordable Care Act, but the federal government has been working to highlight the fact that the law allows for consumers to receive financial assistance from the government when purchasing insurance coverage. This week, the Kaiser Family Foundation has released information concerning the financial aid that people…

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Health insurance mandates make coverage expensive in Connecticut

Connecticut health Insurance

Connecticut health insurance mandates could make coverage expensive through exchange In Connecticut, the state’s health insurance exchange, called Access Health CT, is set to begin open enrollment on October 1 of this year, with coverage to go into effect on January 1, 2014. Like other health insurance exchanges throughout the country, Connecticut’s system has been the subject of some controversy, but not for the reason that similar programs have been scrutinized. Where much of the criticism concerning health insurance exchanges has to do with the cost and ability for these…

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