Live Insurance News

Health insurance law causes Indiana school districts to slash worker hours

May 29, 2013May 28, 2013 H. Cutner

A growing number have cut back on part time employee hours before requirements are implemented. A number of school districts in Indiana have revealed that they are slashing back the hours of part time employees such as cafeteria workers and assistants because they state that they would not be able to afford to provide those individuals with health insurance. The federal healthcare reforms requires all workers over 30 hours per week to be covered by an employer’s plan. Many school districts across the state have chosen to bring the hours…

Health insurance exchange decision nearly made by Washington DC

May 15, 2013May 25, 2013 Julie Campbell

Health insurance care reform confusion debate

The D.C. Council will be making its decision about small business plans as early as next week. It is now believed that the decision regarding whether or not small business owners will be required to buy the health insurance for their employees through an exchange run by Washington D.C. will be made as soon as next week. This decision will help to determine how D.C. will be complying with the federal healthcare reforms. Council member Yvette M. Alexander (D – Ward 7) has explained that it is her intention to…

Loophole could help health insurance companies avoid Affordable Care Act

April 11, 2013April 10, 2013 Logan B.

Health insurance companies may find major benefit in loophole in federal law Health insurance companies throughout the U.S. have been working to find ways to avoid the costly implications associated with the federal Affordable Care Act. There are several provisions associated with the federal law that are expected to have a major impact on the cost of health insurance coverage, largely due to the fact that these provisions institute more regulations on insurers. Some health insurance companies seem to have found a possible way to avoid complying with the federal…

Health insurance policies are becoming stricter through employers

April 9, 2013April 30, 2013

The trend is angling toward tougher rules as companies fear that higher costs are on their way. As the concern of employers increases concerning the possible rise in health insurance costs, these companies are beginning to adopt stricter policies in order to try to keep their employees more healthy, lest it impact the wallets of those workers. Employers are starting to make it more expensive for their employees to live unhealthy lifestyles. These companies are taking on a number of different efforts to try to encourage their workers to keep…

Health insurance plans rarely meet the minimum exchange requirements

April 5, 2013April 3, 2013 G. Turner

A recent study has shown that the majority of policies aren’t up to the minimums of the federal law. Individuals and families that are already purchasing their own health insurance plans will likely want to pay attention to the latest news that has been released following a study at the University of Chicago. It determined that most plans aren’t up to the quality required by the federal healthcare overhaul. This will mean that even some individuals who have already purchased their own health insurance coverage will need to change their…

New health insurance rule to go into effect in the US

March 9, 2013March 6, 2013 Logan B.

New rule targeting health insurance being introduced January 1, 2014, is rapidly approaching, and that means that the Affordable Care Act is on the verge of becoming fully enacted. This also means that health insurance companies throughout the U.S. are scrambling to make sure they comply with the federal law. This has proven very difficult, however, due to the fact that the federal government continues to change many of the provisions of the law. The government continues to issue new rules concerning the Affordable Care Act that require health insurance…

Health insurance change goes unnoticed by many small businesses

January 21, 2013January 21, 2013 S.Vagus

Small, yet significant change to health insurance mandate made late last year Small businesses throughout the U.S. have been bracing for the financial impact of new health insurance regulations that will go active in 2014. Projections suggest that the health insurance policies that these companies offer to employees will become significantly more expensive when these regulations go live. In late December, 2012, amidst debates concerning the “fiscal cliff” that the country had been facing, an amendment to these federal regulations was introduced that went mostly unnoticed by small businesses. Regulation…