... the real problem is what is going to replace it? There seems to be major division in the GOP on how to do this. We heard all year that President-Elect Trup was going to repeal and replace the ACA ... but we have yet to hear with what?!?!?! Here is the latest from the
One of the items at the top of the President Elect's to do list after his Inauguration, is 'repeal & replace' ObamaCare. So far we don't have any specifics about what this really will mean to Americans, but this article has stated what we have been anticipating all along - according to Deborah Kelch of the
Now that we know who our next President will be, the question I keep getting asked is: “What is going to happen to my health insurance?” My answer - In the short term, nothing. In the long run…. Well, we’re not exactly sure. Here is what we know about President Elect Trump's plan: During his
One major problem we are having this enrollment period is dealing with Medi-Cal. We are finding that with some of the clients we have enrolled, Medi-Cal is going into the files and changing the application without checking with clients or us, their agent.Usually they lower the income so the client becomes Medi-Cal eligible. This has
I just read an interesting article about Anthem Blue Cross raising premiums on all grandfathered plans by 25%. This is not surprising and fully anticipated, albeit a tad sooner than I expected.Grandfathered plans are health plans that have been in force prior to the signing of the Affordable Care Act in 2010. These plans were not required
It is finally here. We are three weeks into open enrollment. The Affordable Care Act has definitely seen its detractors but it has survived up to this point. No matter what happens in Washington D.C., the exchange in California is here to stay (that is, at least for 2014). So after 3 weeks what have we learned?
I recently read an article that details the growing relationship between employer sponsored 401k plans and employer sponsored health insurance plans. Over the last 40 years the industry has seen pension plans go away and shift to 401k plans. This has taken the responsibility of retirement out of the employers hands and into the employees.
Can a business with 51+ employees which offers health insurance still be penalized? The answer is YES. If an employeer offers "unaffordable" health insurance to his/her employees the company will be fined. The fine for offering unaffordable health insurance is $3,000 per employee. If you have 60 employees and are found to offer unaffordable health insurance you will see
Lately I have been asked a lot of questions regarding the fines/taxes individuals and businesses will receive for not purchasing or offering health insurance.Starting with individuals. The reality is you do not have to buy insurance. If you are currently uninsured, you can stay uninsured in 2014. The only difference being that the federal government will now
I was able to attend "Covered California's" first town hall meeting yesterday. The event was held at UC Riverside. For those of your who are unaware Covered California is the state health exchange that California has created to facilitate the new health care form act here in California. It was very well done with a