... 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
We are just about a week away from Open Enrollment and there has been a lot of talk about "defunding Obamacare". I am not sure this is possible. California's state exchange, Covered California is ready for open enrollment. I recently went to Covered California's "certification training" so I can sell plans on the exchange. I
This morning I was able to introduce this little video that was shown at a local chamber of commerce meeting. While it isn't an in-depth look at the Affordable Care Act, it is entertaining and informative.
At the beginning of this month, Covered California announced the carriers that will be participating in the SHOP exchange. This is the small business part of Covered California, where small businesses can go to purchase health insurance. The 6 carriers are Health Net, Kaiser, Blue Shield, Chinese Community Health Plan, Sharp Health Plan, and Western
Over the past month there have been a few changes to the Affordable Care Act. The most notable is the push back of the employer mandate to 2015. This will give employers with 50 or more employees another year to figure out what there going to do with health insurance. As for individuals and families,
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