Live Insurance News

Health insurance study reveals the true feelings of employers

November 24, 2014November 22, 2014 G. Turner

The results of recent research provide insight into the way that companies feel about providing coverage to workers. Even though the cost of medical care has been continuing to rise and the pressure from the Affordable Care Act is ever present in the air, employers continue to think of health insurance for their employees as a high priority. The health care reform has added some new requirements that will be impacting many smaller businesses. The study results have indicated that while the priority of employee health insurance remains high, the…

Health insurance for business customers to be sold at Sam’s Club

October 27, 2014October 25, 2014 G. Turner

At the same time that these shoppers are buying large sized containers of coffee, they may also shop for coverage. Small businesses are now beginning to make the decisions that are required of them in order to be able to comply with the Affordable Care Act, which states that employers must offer health insurance to their workers, and now Sam’s Club is going to enter into the market that sells this coverage. The Wal-Mart Stores wholesale retailer division has announced that it will start selling private plans. It will be…

Insurance plan loophole nearly closed

October 21, 2014October 19, 2014 H. Cutner

The government is coming close to stopping employers from being able to offer substandard coverage. Insurance plan consultants were recently surprised to discover that under the rules of the Affordable Care Act, employers are capable of offering policies to their employees for next year that do not include hospital benefits. This has caused the administration to take action to correct an official calculator for approving of insurance policies. Officials from the Treasury Department are now working on changing the path of an official calculator that gives approval to various types…

Health insurance for U.S. employees is not required to cover birth control

July 2, 2014July 1, 2014 G. Turner

Though the overall law still stands, companies can object on religious grounds in order to gain exemption. The U.S. Supreme Court has recently released a new health insurance ruling that states that companies are permitted to submit an objection on religious grounds to a health care reform provision that would require them to provide birth control coverage within their group plans. The court held this decision on a vote of 5 to 4 that companies could seek this type of exemption. This ruling was carefully made to reflect that while…

Health care reform mandate delayed yet again

February 13, 2014February 11, 2014 Julie Campbell

The White House has now put off employer fines until 2016 after continued rollout struggles. According to the latest large delay issued by the Obama administration for the health care reform, the majority of employers will still not face a fine next year if they do not offer insurance benefits to their employees, yet. The timing of the implementation of this element of the health insurance law has now been pushed back. According to the Affordable Care Act’s regulations, the Treasury Department has stated that businesses that have between 50…

Wal-Mart expands health insurance benefits

September 2, 2013August 31, 2013 S.Vagus

Retailer takes a bold step on health insurance Retail giant Wal-Mart has announced that it will begin offering health insurance benefits to the domestic partners of its U.S. employees next year. The retailer is following the lead of several other large companies that have been expanding health insurance benefits in recent months. The company will also begin offering vision care to eligible employees and their dependents. This move could be a major boon for many people in the U.S. who depend on the health insurance coverage Wal-Mart provides them with.…

Health insurance proposals lead to NYC lawsuit

August 12, 2013August 10, 2013 H. Cutner

The Labor Committee has sued New York City in an effort to try to stop it from changing its medical benefits. The Municipal Labor Committee, a group that represents city workers, has sued New York City in an attempt to stop it from being able to move forward with a request for proposals to change the health insurance benefits that the employees will be receiving. NYC will soon be seeking a new insurer for its massive benefits plan that will require premiums to be paid by workers. In April, Deputy…