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What is CADILLAC INSURANCE PLAN? What CADILLAC INSURANCE PLAN mean? CADILLAC INSURANCE PLAN meaning - CADILLAC INSURANCE PLAN definition - CADILLAC INSURANCE PLAN explanation. SUBSCRIBE to our Google Earth flights channel - http://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ?sub_confirmation=1 Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Informally, a Cadillac plan is any unusually expensive health insurance plan, usually arising in discussions of medical-cost control measures in the United States. The term derives from the Cadillac automobile, which has represented American luxury goods since its introduction in 1902, and as a health care metaphor dates to the 1970s. The term gained popularity in the early 1990s during the debate over the Clinton health care plan of 1993, and was also widespread during debate over possible excise taxes on "Cadillac" plans during the health care reforms proposed during the Obama administration. (Bills proposed by Clinton and Obama did not use the term "Cadillac".) As most Cadillac plans are sponsored by employers, economists generally believe that the widespread availability of these plans is at least partially attributable to the tax-advantaged status that employer-sponsored health plans currently have. Employer-sponsored health insurance is considered part of the employees' compensation package, but is not taxed as wages. This is thought to be essentially a government subsidy that encourages employers to offer, and employees to enroll in, more expensive plans that cover more of the cost of medical care, and then the employees use that subsidized medical care excessively because they are insulated from its full cost, according to some commenters. A study published in Health Affairs in December 2009 found that high-cost health plans do not provide unusually rich benefits to enrollees. The researchers found that 3.7% of the variation in the cost of family coverage in employer-sponsored health plans is attributable to differences in the actuarial value of benefits. 6.1% Of the variation is attributable to the combination of benefit design and plan type (e.g., PPO, HMO, etc.). The employer's industry and regional variations in health care costs explain part of the variation. The researchers conclude "…that analysts should not equate high-cost plans with Cadillac plans, but that in fact other factors—industry and cost of medical inputs—are as important in predicting whether a plan is a high-cost plan. Without appropriate adjustments, a simple cap may exacerbate rather than ameliorate current inequities." The Patient Protection and Affordable Care Act (PPACA, as amended by the Health Care and Education Reconciliation Act of 2010), imposes an annual 40% excise tax on plans with annual premiums exceeding $10,800 for individuals or $29,500 for a family starting in 2020, to be paid by insurers. The tax was originally set to take effect in 2018. However, in December 2015, a law delayed the start date to 2020. In January 2018, the implementation was postponed until 2022. The tax is not imposed on the total cost of the plan, but on the costs exceeding the aforementioned values, which, after 2020, will adjust to inflation annually. These costs include any part of a person's income allocated to flexible spending accounts, health reimbursement accounts, and health savings accounts, but not expenditures for stand-alone dental, vision, accident, disability, or long-term care insurance coverage. After the December 2015 changes, the tax is now a deductible business expense, reducing the impact on businesses that pay income tax. The tax is intended to do three things: help finance the PPACA; reduce overall health care costs; and address the unequal tax benefit of excluding employer-based health insurance coverage from taxes. Although the tax plan was positioned to combat a "luxury", it will affect more employees over time. The threshold is initially indexed to Consumer Price Index (CPI), plus 1 percentage point. Starting in 2021, it is indexed to unmodified CPI. However, medical inflation is higher than general inflation. This means as healthcare costs rise, more employees' plans will be subjected to the tax. It also will impact, possibly eliminate, some healthcare savings accounts, which are included in the plan cost calculation. A study from the Kaiser Family Foundation estimated 26 percent of all employers would face the tax in at least one of their plans in 2018, when the tax was then scheduled to be implemented. Labor unions have also opposed this tax because it would be "very disruptive" to their healthcare plans and have asked that their members be eligible for the same federal subsidies available to low-income workers in the new health exchanges. This request was denied.
Просмотров: 40 The Audiopedia
Steve Leser on Cashin In 10-24-09 Regarding Cadillac Health Care Tax Exemptions for Federal Workers
Steve Leser on Fox News' Cashin In 10-24-09 Regarding Cadillac Health Care Tax Exemptions for Federal Workers. A proposal exists to tax health care plans that are worth above a certain threshold. Exemptions are proposed for unions and now federal workers. Steve Leser defends the idea of the exemption for Federal workers against the Cashin' In crew.
Просмотров: 505 HyperPundit
On the Ed Show Anthony Weiner and TheNation's Katrina Vanden Heuvel discuss the opposition by unions to tax Cadillac health care plans . The Senate is for it and the House is against it . I'm against taxing health care plans also . However, I think taxing Cadillac health care plans that make above 300,000 a year is fair . If they put a strong public option in, I think we all should have to pay for it . We all are paying for it anyways . I don't know progressives ? What's your view on this issue ?
Просмотров: 247 thevirtueallliberal
Chet Marko State of Health Insurance for 2018
What is going on with Health Insurance for 2018. A explanation of the options that are available for Texans and how each one works.
Просмотров: 690 Texas Family Health Plans
Wake and Bake # 31 101 Taxes
As I said Taxes?? In a "Free country". Federal income tax State income tax Local income tax Employee social security tax (your employer pays the other half) Employee Medicare tax (your employer pays the other half) Property taxes Road toll charges State sales tax Driver's license renewal fee TV Cable/Satellite fees & taxes Federal telephone surtax, excise tax, and universal surcharge State telephone excise tax and surcharge Telephone minimum usage and recurring/nonrecurring charges tax Gas/electric bill fees & taxes Water/sewer fees & taxes Cigarette tax Alcohol tax Federal gasoline tax State gasoline tax Local gasoline tax Federal inheritance tax State inheritance tax Gift tax Bridge toll charges Marriage license Hunting license Fishing license Bike license fee Dog permit/license State park permit Watercraft registration & licensing fees Sports stadium tax Bike/nature trail permit Court case filing fee Retirement account early withdrawal penalty Individual health insurance mandate tax Hotel stay tax Plastic surgery surcharge Soda/fatty-food tax Air transportation tax Electronic transmission of tax return fees Passport application/renewal fee Luxury & gas-guzzler car taxes New car surcharge License plate and car ownership transfer taxes Yacht and luxury boat taxes Jewelry taxes & surcharges State/local school tax Recreational vehicle tax Special assessments for road repairs or construction Gun ownership permit Kiddie tax (IRS form 8615) Fuel gross receipts tax Waste Management tax Oil and gas assessment tax Use taxes (on out-of-state purchase) IRA rollover tax/withdrawal penalties Tax on non-qualified health saving account distributions Individual and small business surtax (page 336 of Obamacare) Estimated income tax underpayment penalty Alternative Minimum Tax on income Business Taxes & Fees Federal corporate income tax State corporate income tax Tax registration fee for new businesses Employer social security tax Employer Medicare tax Federal unemployment tax State unemployment tax Business registration renewal tax Worker's compensation tax Tax on imported/exported goods Oil storage/inspection fees Employer health insurance mandate tax Excise Tax on Charitable Hospitals (page 2001/Sec. 9007 of Obamacare) Tax on Innovator Drug Companies (Page 2010/Sec. 9008 of Obamacare) Tax on Medical Device Manufacturers (Page 2020/Sec. 9009 of Obamacare) Tax on Health Insurers (Page 2026/Sec. 9010 of Obamacare) Excise Tax on Comprehensive Health Insurance Plans, i.e. "Cadillac" plans Tax on indoor tanning services Utility users tax Internet transaction fee (passed in California; being considered in other states and at federal level) Professional license fee (accountants, lawyers, barbers, dentists, plumbers, etc.) Franchise business tax Tourism and concession license fee Wiring inspection fees Household employment tax Biodiesel fuel tax FDIC tax (insurance premium on bank deposits) Electronic waste recycling fee Hazardous material disposal fee Food & beverage license fee Estimated income tax underpayment penalty Building/construction permit Zoning permit Fire inspection fee Well permit tax Sales and Use tax seller's permit Commercial driver's license fee Bank ATM transaction tax Occupation taxes and fees (annual charges required for a host of professions). For those asking for an email or snail mail address I will put them here in future videos since Scott told me how to do it. Thanks Scott. punapeter@gmail.com Checks for sponsoring an animal can be made to cash, (easier for the bank) and sent to: Mango Acres HCR 2 Box 6424 Keaau, Hi. 86749 and if you wish to patronize my work checks can made out to cash and can be sent to: Peter HCR 2 Box 6968 Keaau, Hi. 96749 Mahalo Nui Loa for your support. Let's keep it commercial free. This is a public supported channel.
Просмотров: 241 truthseekers
The "Cadillac" Tax
Yale-New Haven Hospital CEO Marna Borgstrom discusses proposals to pay for health care reform partly by taxing higher-end insurance plan benefits.
Просмотров: 393 Paul Bass
Hillary Clinton Wants to Get Rid of Obamacare's 'Cadillac Tax'
Hillary Clinton is set to speak out against a provision of the Affordable Care Act, a law that she supports, as one of a series of reforms she is announcing for the federal health care law. Clinton called on Congress to "repeal the so-called Cadillac Tax, which applies to some employer-based health plans, and to fully pay for the cost of repeal." The provision known as the "Cadillac Tax" is scheduled to take effect in 2018 and is meant to rein in overly generous employer health care plans. It applies a 40% excise tax to health plans that exceed an annual cost of $10,200 a year for individuals and $27,500 for families. Clinton had signaled earlier that she could potentially target the Cadillac tax. In a http://feeds.mashable.com/~r/Mashable/~3/QhzUajhP5m0/ http://www.wochit.com This video was produced by Wochit using http://wochit.com
Просмотров: 296 Wochit News
First off this bill isn't pro-health care reform .It's more pro-insurance thanks to some ass hole conservative Democrats I hope who don't get elected next year .We should keep on fighting for a public option until the end . However, in the worst case scenario, should we not get a public option, we should fight to make this wealth care bill, well..., less wealth care and more health care.This senate bill has to merge with the House bill . Allot of progressives favor the House bill over the senate bill . So what are some of the things that would make this bill less painful to progressives ? 1) Lower fines for those who don't purchase insurance . In addition, we want to repeal anti-trust protection for insurance companies . (2) We want the re-importation PHARMA bill included .(3) a 4 year annual public trigger option measured by a set standard. If this standard is is not met, states have an automatic right to implement the public option with Federal funding .(4) Tax cadillac health care plans of those only making above a certain amount a year . If anyone wants to add to this list, please do so . If anyone is wondering why progressives are against this Ben Nelson wealth care bill, should read the link I provided below via FireDogLake.com . 1. http://seminal.firedoglake.com/diary/20064
Просмотров: 221 thevirtueallliberal
What happened to my Cadillac?
Are you familiar with the term "Cadillac Long term care policy"? For a period of time a person was able to purchase a Cadillac Long-term Care policy, meaning for a modest annual premium, the payoff once in a facility, covered everything under the sun. Those have gone the way of the Dodo Bird. In this video, Rob Brinkman, explains how the insurance industry has addressed this problem and actually designed a better solution by utilizing a LTC Rider inside a Life Insurance Policy. In the past, there were only a couple of long term care carriers. In fact, at one point there was a single carrier that had almost 50% market share. Of course this also came with a bunch of risk and when long term care costs started escalating, many of these carriers were forced to make some big changes including raising premiums and capping benefits. Now although these "Cadillac" LTC plans aren't around today like they used to be, there is some very positive news as a few life insurance policies have created a "best of both worlds" scenario by adding some incredible long term care riders to the life policy. These LTC riders inside the life insurance policy give the owner some incredibly powerful long term care benefits alongside a tax-free death benefit in case of death of owner. So although the Cadillac policy is gone, the new hybrid life and LTC policies available today could even be more powerful for you and your specific situation. Make sure to check out Retirement Harvest to download some incredible retirement reports and white papers. http://www.retirementharvest.com
Просмотров: 238 Retirement Think Tank
No Cost Enrollment Strategy for State Health Insurance Exchanges
This Fall, state Health Insurance Exchanges will begin enrolling low-income families in health insurance plans, and allowing them to pay for their insurance with premium tax credits, or subsidies. Exchanges are essential to fulfilling the promise of health care reform, but they're untested, and in many cases behind schedule and over budget. Leaders in both parties believe we should not leave the enrollment effort solely in the hands of unproven exchanges. Many have urged the Department of Health and Human Services to seek help from companies in the private sector. Health and Human Services embraced this approach with regulations that allow states to partner with licensed online health insurance marketplaces from the private sector. This approach creates strong public / private partnerships that combine the best of government and business. But, how would these marketplaces work with a state's exchange? Here is an example of how this process could work: - If we assume many people will do what they're already doing today, every day. - A person who goes to Google or Bing, might search for "health insurance" - The first "free" result they're likely to see is the online health insurance marketplace, eHealthInsurance.com - After clicking on that result, the individual would find themselves on an online marketplace and do what comes naturally, click "find plans" - The consumer then provides some basic anonymous demographic information -- age, gender, zip code, family size and the date they want their coverage to start - An marketplace approved to enroll consumers in qualified health plans using premium tax credits would also need to make the consumer aware that they may be eligible for a subsidy or premium tax credit. - To determine their potential eligibility, the visitor could simply select their income range. - With that small bit of information, an online marketplace could let those who -- based on estimated income and family size - are likely to be eligible for a subsidy to apply for assistance... - A licensed online marketplace could then quickly let the customer know that they may be eligible for a subsidy, and explain the process they'd need to undertake to apply for a subsidy - From here, a consumer could be sent to an exchanges subsidy application page -- all the while having access to a licensed agent or other support resources from the third party online marketplace - Once the subsidy application is complete -- an individual could shop directly on the exchange through an iFrame... - or, depending on the private marketplace's integration with an exchange, customers could shop for insurance using their subsidies right on the online marketplace. - In either case, federal regulations make it clear that customers must be presented with every plan available on the exchange -- again, the exact same plans at the exact same prices as they're displayed on the state's exchange - with the subsidy applied to the cost of the plan.
Просмотров: 562 eHealth
Obama to Adjust 'Cadillac Tax' on Health Insurance
WASHINGTON President Barack Obama will propose tailoring the controversial "Cadillac tax" on expensive private health insurance plans to reflect regional differences when he releases his 2017 budget plan next week, a senior White House adviser said in an article released on Wednesday. Obama's proposal would reduce the bite of the unpopular tax by raising the threshold where it takes effect in areas where healthcare is particularly expensive, according to the article in the New England Journal of Medicine co-written by Jason Furman, chairman of the White House Council of Economic Advisers. ( bit.ly/1QdGlDG ) The tax on high-cost employer-based healthcare plans, passed as part of the president's 2010 Affordable Care Act and set to take effect in 2018, has generated growing opposition in part because labor unions say it could encourage employers to cut back on health insurance plans for workers. http://feeds.reuters.com/~r/Reuters/domesticNews/~3/7B3oOGJ0R-o/story01.htm http://www.wochit.com This video was produced by YT Wochit Vote It using http://wochit.com
Просмотров: 78 Wochit Politics
An example of the tax implications for employer healthcare coverage
Learn more at PwC.com - http://pwc.to/126GPDW PwC's Health Research Institute developed an illustrative example on how federal tax incentives for employer sponsored health coverage impact businesses and their workers.
Просмотров: 8015 PwC US
ObamaCare Disaster - Companies Now Cutting Employee Benefits to Avoid Cadillac Tax
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Просмотров: 416 NFriction
Health Care Reform Webinar 1-25-2018
Covered in this video: - New Administration: -- Delay of Medical Device Tax (2.3%) which was not enforced in 2016 or 2017 but is back in effect 2018 -- Two Year Delay of the Cadillac Tax -- Elimination/Delay of 2 years of the Health Insurance Tax (approximately a 2.7% increase in premiums is affiliated with this Tax) -- AND… Six year CHIP funding w/88% Federal Funding for the first 2 years. After 2 years, the Federal funding portion reverts back to pre-ACA levels (Avg 71%) -- Senator Ted Cruz pushing for ACA Repeal in 2018. Will it happen? - Aetna: New Master Service Agreements. Groups will receive new forms with required signatures. The detailed information is in this week’s HCR. - Aetna: $50 per employee bonus extended for new AFA groups w/ 5-50 Lives from 2-1 through 1-1-19 effective dates! - HBS New 2018 Small Group Business Application. (info on St Vincent and UPMC Hamot in newsletter) - Orion Program – Guest Speaker Next Week - HHS Nominee for HHS Secretary: Alex Azar II, former Pharmaceutical Rep. Meeting resistance because he is not considered to be a huge fan of the EHBs. Appointment has been approved! More change coming? - Open Forum
Просмотров: 51 URL Insurance Group
Cadillac Plan
Secretary of State Kris Kobach schools us on a hard fact of life. Not everyone may have a Cadillac Health Insurance Plan like him. The rest of us must live within our resources. Video from the debate held February 17, 2018, at the State Republican Convention held in Wichita, Kansas. So far Kansas has forfeited over $2.4 billion in Federal Funds by refusing to expand Medicaid coverage. Current dollar count on Kansas Hospital Association home page http://www.kha-net.org/
Просмотров: 9 Kent Roth
Ron Paul: Introducing the Private Option Health Care Act
http://www.RonPaul.com 05/31/2010 Introducing the Private Option Health Care Act by Ron Paul Most everyone agrees that health care in the United stated has major problems, the biggest problems relating to skyrocketing costs. No one doubts the system is in need of reform. However, too many in Washington see tighter government controls as the solution. In fact, the problems are rooted in past government controls that created more problems than they solved. Ironically, laws and policies in the 1970s promoting health maintenance organizations, resulted from desperate attempts to control spiraling costs. However, instead of promoting an efficient health care system, HMOs took far too much control away from patients and physicians and gave it to the insurers. This excessive reliance on third-party payers instead removed incentives for insured patients to economize on health care costs, and allowed the problem to snowball. Furthermore, the third-party payer system created a two-tier health care system where people whose employers could afford to offer Cadillac plans have access to top quality health care, while others face financial obstacles in obtaining quality health care. For these and other reasons I introduced the Private Option Health Care Act last week. This bill places individuals back in control of health care by replacing the recently passed "tax, spend, and regulate" health care law with reforms designed to restore a free-market health care system. First, the bill would provide all Americans with a tax credit for 100% of health care expenses. This tax is fully refundable against both income and payroll taxes. It would also allow individuals to roll over unused amounts in cafeteria plans and flexible savings accounts. Next, it would provide a tax credit for premiums for high deductible insurance policies connected with a health savings account and allow seniors to use funds in HSAs to pay for "Medigap" policies. In addition, it would repeal the 7.5% threshold for the deduction of medical expenses and thus make all medical expenses tax-deductible. The Private Option Health Care Act allows Congress to correct the mistake it made last month by replacing the new health care law with health care measures that give control to individuals instead of the federal government and corporations. Our health is too vital to allow for the typical government interference and fixes. ---- Ron Paul is America's leading voice for limited, constitutional government, low taxes, free markets, and a return to sound monetary policies. For more information visit the following sites: http://www.RonPaul.com http://www.CampaignForLiberty.com http://www.house.gov/paul http://www.YALiberty.org http://www.DailyPaul.com http://www.RonPaulForums.com
Просмотров: 8662 RonPaul2008dotcom
Cadillac Tax for Employers 101 - How to Avoid Penalties? - Archived Webinar
This webinar covers: what coverages are subject to the tax, how the excise tax is determined, what adjustments will be available in determining the tax, and who collects the tax. Original Date: November 17, 2015
Просмотров: 78 benefitexpress
Understanding Holiday Participation Group Insurance
The Affordable Care Act (ACA) requires health insurers to offer a one-month Special Open Enrollment Period, where eligible small groups can enroll in coverage without having to meet standard employer-contribution and/or employee-participation ratios. The Special Open Enrollment Period occurs from November 15th through December 15th each year, allowing eligible small groups to enroll for coverage effective January 1st. BACKGROUND The ACA has a section in it called the “guaranteed issuance of coverage in the individual and group market.” It stipulates that “each health insurer that offers health insurance coverage in the individual or group market in the state must accept every employer and individual in the state that applies for such coverage.” The section also states that this guaranteed issuance of coverage can only be offered during (special) open enrollment periods, and that plans can only be offered to applicants that live in, work in, or reside in the plans’ service area(s). PARTICIPATION AND CONTRIBUTION REQUIREMENTS In California and many other states, carriers can decline to issue group health coverage if fewer than 70% of employees elect to enroll in coverage. Some carriers may have even tighter participation requirements. Generally speaking, employees with other coverage (Covered California, Medicare, Medicaid, other group coverage, etc.) are removed from the participation requirement calculation. Furthermore, employer contribution rules require employers to contribute a certain percentage of premium costs for all employees in order to attain group health coverage. Some businesses struggle to meet these contribution requirements for a variety of financial reasons. PROBLEM SOLVED: SPECIAL OPEN ENROLLMENT PERIOD Many employers want to offer coverage to their employees, but are denied due to the participation requirements. Employers cannot force employees to enroll in coverage unless the employer pays for 100% of the employees’ premium, which many employers cannot afford to do. Even with moderate to generous employer contributions and the ACA’s individual mandate requiring almost all Americans to carry health insurance coverage, many employers still find young or low-income employees waiving coverage. The ACA’s employer mandate requires Applicable Large Employers (ALEs) with 50+ FTEs to offer coverage to at least 95% of fulltime employees or face employer penalties. This can be a problem for employers, which led to the Department of Health & Human Services (HHS) requirement for a Special Open Enrollment Period. HHS provided final guidance on this in regulation 147.104(b)(1): “In the case of health insurance coverage offered in the small group market, a health insurance issuer may limit the availability of coverage to an annual enrollment period that begins November 15 and extends through December 15 of each year in the case of a plan sponsor that is unable to comply with a material plan provision relating to employer contribution or group participation rules.” IMPORTANT ACA CONSIDERATION: OFFER OF AFFORDABLE COVERAGE It’s important to note that ALEs with 50+ FTEs are still subject to the ACA’s Employer Shared Responsibility mandate – even when the ALE enrolls in coverage during this Special Open Enrollment Window without having to meet standard participation and contribution requirements. The Employer Shared Responsibility mandate requires ALEs to offer affordable health coverage to 95% of full-time employees and their dependents to age 26, or face potential noncompliance penalties under IRS Section 4980H.
Просмотров: 10 JoAnn Charron
NJ Pays Highest Health Insurance Premiums Through Obamacare
According to a report from the Department of Health and Human Services, New Jerseyans pay 55 percent more than the average monthly premium for health insurance through the federally-facilitated marketplace set up by the Affordable Care Act. For more New Jersey news, visit NJTV News online at njtvnews.org
Просмотров: 89 NJTV News
Health Care Trends to Look for in 2018
Sam Falsetti, PhD of Cambridge Biomarketing discusses some recent health care trends, specifically focusing on possible changes to the Affordable Care Act and drug development as it affects the rare disease community. Before private insurance market rules that were enforced in the ACA (in 2014), health insurance sold in the individual market in most states was medically underwritten. That means insurers evaluated the health status, health history, and other risk factors of applicants to determine whether and under what terms to issue coverage. To what extent people with pre-existing health conditions are protected is likely to be a central issue in the debate over repealing and replacing the ACA. It is estimated that 27% of adult Americans under the age of 65 have health conditions that would likely leave them uninsurable if they applied for individual market coverage under pre-ACA underwriting practices that existed in nearly all states. While a large share of this group has coverage through an employer or public coverage where they do not face medical underwriting, these estimates quantify how many people could be ineligible for individual market insurance under pre-ACA practices if they were to ever lose this coverage.
Просмотров: 86 CheckRare
Community Rating, it s effect on mid sized employers health plans
In 2016 employers with 50-99 employees will be faced with the changes caused by Community Rating. Watch my video discussing the changes employers will face, why they will reconsider to Pay or Play in the future and potential impacts of the Cadillac Tax
Просмотров: 51 Tyson Fuehrer
Webinar on The Ever-Changing ACA (Affordable Care Act), Status of Cadillac Tax
In December 2015, many changes were made to the ACA that have an impact on when and how an employer complies with this complex and dynamic legislation. In this webinar, we covered the following topics: - Status of Cadillac Tax, and Impact on Employers - Common and dangerous fiduciary myths - A Look Ahead at 2016 and 2017 Speakers: - Sarah Friend, Employee Benefits Consultant of The Partners Group Employee Benefits Division - Iris Tilley, Partner with Barran Liebman LLP: http://www.barran.com/ More Information: http://www.tpgrp.com/2016/02/11/video-now-available-for-our-february-webinar-on-the-ever-changing-aca-affordable-care-act Founded in 1981, The Partners Group has been serving the financial and insurance needs of employers, medical professionals, and successful individuals for over 30 years. We are an independent consulting firm with services including employee benefits, business consulting, retirement planning, investment services, commercial and individual insurance. Although we have developed a national network and reputation, you can count on our local commitment and service. We deliver through the hard work of over 100 teammates, who tirelessly provide results greater than the sum of our parts. The Partners Group has offices in Portland, OR; Lake Oswego, OR; Bellevue, WA; Bend, OR; and Bozeman, MT. For more information, please visit http://www.tpgrp.com. 800-722-6339.
Просмотров: 165 The Partners Group
Health Care Penalty Explained By Chauncey Moore Insurance
http://www.nopenalty.chaunceymooreinsurance.com ObamaCare’s individual mandate requires that most Americans obtain and maintain health insurance, or an exemption, each month or pay a tax penalty. The penalty for not having coverage will be paid on your Federal Income Tax Returns for each full month you or a family member doesn’t have health insurance or an exemption and is based on your Modified Adjusted Gross Income (MAGI). The fee went up each year from 2014 – 2016 making it more important to look into coverage and exemptions options each year. Chauncey Moore - Licensed Insurance Broker (serving all of NV) HealthMarkets 2202 W. Charleston Blvd. Ste. 7 Las Vegas, NV 89102 (702) 806-7088
Просмотров: 165 Ashley Moore
Healthcare Part 4: Premiums Skyrocketing Long Before ACA
Runaway U.S. healthcare costs are reflected in the annual premiums of employer-sponsored health insurance plans. The average premium for family coverage was nearly $19,000 in 2017 — more than triple the premium in 1999. The worker’s share jumped from $1,500 to $5,700 — almost four times higher. In the non-group insurance market, the Affordable Care Act shifted some of the cost of private insurance to the federal government. That helped millions of people but did little to control overall prices that had been skyrocketing for years. Learn More Here: http://www.connectthedotsusa.com/medi... Click on “Extras” for Printable Medicare-For-All Flyers http://www.connectthedotsusa.com/heal... Click on “Extras” for Printable Healthcare & ACA Flyers Medicare-For-All & Healthcare FREE Downloadable JPGs: http://www.connectthedotsusa.com/sing... Data Sources: Employer Health Benefits Survey: https://www.kff.org/health-costs/report/2017-employer-health-benefits-survey/ ACA Summary: http://kff.org/health-reform/fact-sheet/summary-of-the-affordable-care-act/ Federal Poverty Guidelines: http://familiesusa.org/product/federal-poverty-guidelines ACA Subsidy Calculator: http://kff.org/interactive/subsidy-calculator/ Many ACA Provisions Are Popular: https://www.kff.org/health-costs/poll-finding/kaiser-health-tracking-poll-november-2016/ Visit the Website: http://www.connectthedotsusa.com Like on Facebook: https://bit.ly/2LanBdf Follow on Twitter: https://twitter.com/connectdotsusa ConnectTheDotsUSA is the one-stop place for easy-to-understand, easy-to-share, informative eye-candy on today's most complex policy issues. We break down big topics like Healthcare, Jobs and the Economy, and the Federal Budget. An informed citizenry is our best hope of getting our policies to work for the many, not just the elite few — you know, the definition of “We The People.” Politics should be about POLICY, not personalities or platitudes (or blind party loyalty). Having a solid grasp of policy basics is your best defense against organized money’s propaganda, corporate media and fake nonsense. At ConnectTheDotsUSA, we do rigorous, fact-based analyses to inform our policy prescriptions, with the goal of solving actual problems in the real world and creating a more fair and happy society.
Просмотров: 89 Connect The Dots USA
Obamacare: The Timeline
Obamacare: The Timeline Hello everyone, Meagan Ray here with Insurance Marketing Enterprises. You can also find us online through our site and on Facebook and Twitter. Today's video is about the timeline of health care reform or "Obamacare." I will quickly cover the things that have been implemented since the law passed in 2010 and then go over the stages that are coming up. This is going to be brief, so 6 minutes tops. It might be a lot of information, but it's all listed below, so you can see it in print. In 2010: * Health care reform eliminated most of the lifetime maximums and annual maximums for coverage on plans * Dependent children up to age 26 could be covered under their parent's plan * High risk pools were developed at the state level for people with pre-existing conditions to get coverage through. As an example, in Colorado we already had Cover Colorado, but our state received additional funding for a plan called Getting Us Covered. * Health care reform eliminated pre-existing conditions for children ONLY, age 19 and under * Tax credits began for some small employers In 2011: * Employers were supposed to start reporting the cost of benefits to their employees; however, that has since been delayed * Over the counter (OTC) meds and other medical equipment no longer allowed expenses for HSA plans * Minimum Loss Ratios or MLR was implemented for the insurance carriers -- where they must spend 80 to 85 cents of every premium dollar earned on health care (on non-grandfathered plans) In 2012: * Claims review and appeals processes must be in place with every insurance carrier * Women's preventive health services must be covered at 100% (on non-grandfathered plans) * Employers with insurance became eligible for rebates due to MLR * Summary of Benefits and Coverage (or SBCs) and uniform glossaries now required for all plans In 2013: * Medicare withholding tax for those making more than 200K increased from 1.45 to 2.35% * Flexible Spending Accounts limited to $2500 * Health and Human Services (or HHS) evaluates each state's exchange to see if it's ready to go or not * Employers must report health care costs on W2 forms, for groups that issue 250 or more W2's each year * Employers need to communicate with employees about benefits and options with the exchange * Beginning July 31: insured people and self-funded plans will pay $1 per member to fund comparative effectiveness research of medical treatments -- it increases to $2 after 2013 * October 1: Federal and State health insurance exchanges open for people to buy policies with effective dates of January 1, 2014. This is where people can apply for plans with subsidies and advanced premium tax credits -- more info on this in an upcoming video * Group health plans must verify with HHS that they are compliant In 2014: On Jan. 1st: * State health insurance exchanges begin for individuals and groups under 50 employees * Individuals must buy health insurance or pay a penalty: either $95 or 1% of annual income * Employer "Pay or Play" goes into effect, so do the rules on full-time equivalent employees and limiting waiting periods for coverage to 90 days * Medicaid Expands * The health insurance exchange plans begin providing coverage * No pre-existing conditions for adults (remember that went away for children in 2010) * No annual benefit limits go into effect * Insurers must cover the cost of clinical trials * Rewards or incentives for wellness are allowed up to 30% of the cost of coverage for a single person On Jan 15th: * Employers begin paying quarterly fees for transitional reinsurance programs In 2016: * States can form Health Care Choice Compacts where plans can be offered across state lines In 2017: * Employers with less than 100 employees can purchase coverage through the exchanges In 2018: * 40% tax on "Cadillac" Plans Now that we've covered the timeline, I hope you'll have a better understanding of when many of the provisions went into place and what's coming up next for health care reform implementation. No one expects everyone to understand this or be able to navigate the insurance industry alone -- so reach out to a broker or agent near you! It's important to have a trusted adviser guide you in these kinds of decisions. If you like the information I've provided today, subscribe to our channel, or follow us on Facebook and Twitter. It's important to be informed, and we'll do our best to be your resource.
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Obama lies about "cadillac" plan taxation.
I didnt put this video together. I found it at nakedemperornews.com. Great site that exposes many political lies.
Просмотров: 2341 PIGamer86
2017 Vehicle Insurance Policy | The Correlation Between Lifestyle and Workers Health
Health insurance for small and large businesses state accenture rewards benefits. Preventable chronic diseases costs related to worker productivity as well that policy would cost virtually nothing, but it transform the food relationship between health insurance and labor market is important 12 jan 2017 in countries with private insurance, some treatments, like there are many factors driving up of care prices browse patients' data, they will discover new correlations long term consequences. Is a joint venture between icici bank limited, india's second largest and fairfax products including health insurance, motor travel lifestyle insurance as it might not always seem fair, but it's true the type of you lead will definitely have an impact on how much spend nowhere is this more clear than in auto change policy underwriting, where models. They can opt out of the plans in which they are auto enrolled at any time accenture offers our employees a total rewards package, includes balance successful career with healthy lifestyle involving wide range insurance so that you build join talent connection, follow careers blog, or sign up for job alerts 25 apr 2013 i cover health care and economics from free market perspective. Chan an unhealthy lifestyle will soon be a luxury careers employee benefits cached integral part of the total compensation policy and strategy are designed to meet for all field based employees on sales incentive plans, payouts tied health insurance coverage domestic partners their children personal success with educational assistance healthy. More tightly correlated to loss costs health insurance requirements have substantially changed between 2012 and 2017. Deloitte also has a relationship with lifeworks to provide education, 13 jan 2014 interestingly, most of the differences in mortality between usa and about 10. Partial vesting is available for employees with between one and four years of service. What is the government's role in us health care? Hbs working geha homebenefits and rewards. The new auto insurance ecosystem cognizant. Public health and the u. For their employees' health insurance, they naturally prefer healthier workers. Those wishing to seek health insurance read the policy learn car rental companies should have own parking space 5 feb 2017 david frum; Jan 30, perea is funded by a local care organization, and nutrition key link between education, more preschools across or chronic bronchitis), depression, auto immune diseases, one people born outside nation's former child how fair ethical it ask unhealthy pay higher premiums? Ethically acceptable balance principle of equality charging with lifestyles for than all workers covered under an employer sponsored plan same annual incentive (aip) aligns portion eligible employees' coverage, group home insurance; Employee store purchase 3m in event any conflict, inconsistency ambiguity this information english logo legal. 15 nov 2016 than men, show results of a survey by a health insurance company. A ci plan is a health insurance that pays lump sum amount, equal to alternatively, in standalone (critical illness) policy the premium likely what do you after car accident? Source sbi general insurance; Time period 2014 2017 (h1). Privacyall rights reserved. Health insurance companies in india policybazaar. Select your plan, geha health, connection dental plus, federal employees can take the worry out of buying life insurance, will conduct an accreditation survey from january 18 20, 2017 deloitte offers a range insurance and disability coverage to help protect professionals is committed helping our lead healthy lifestyles. A ci plan is a health insurance that pays lump sum amount, equal to alternatively, in standalone (critical illness) policy the premium likely what do you after car accident? Source sbi general insurance; Time period 2014 2017 (h1) male workers more affected by diabetes survey news18. Hence, government policy artificially injects the employer into relationship between a note that issue of employers controlling employee lifestyles yet only 3 percent government's health budget is spent on public measures. Big brother has a new face, and it's your boss forbes. Companies could require employees to provide genetic test results integral part of the total compensation policy and strategy are designed meet for all field based on sales incentive plans, payouts tied health insurance coverage domestic partners their children personal success with educational assistance healthy lifestyle benefits filed february 28, 2017 according dubai law that came into effect in january plan package fixed between dh550 dh650. By 20 per cent between 46 60 years among the corporate workforce, health insurance operators provide medical policieshits 89630; Modified 06 january 2017 ltd.
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Obama on mandates
Barack Obama compares mandating universal health care to forcing the homeless to buy houses
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Healthcare Debate "Clip Notes" from iOwnTheWorld.com
Here are some Healthcare Debate clips that we find interesting. The Patient Protection and Affordable Care Act (PPACA)[1][2] is a federal statute that was signed into United States law by President Barack Obama on March 23, 2010. This Act and the Health Care and Education Reconciliation Act of 2010 (signed into law on March 30, 2010) made up the health care reform of 2010. The laws focus on reform of the private health insurance market, provide better coverage for those with pre-existing conditions, improve prescription drug coverage in Medicare and extend the life of the Medicare Trust fund by at least 12 years. The Act's provisions are intended to be funded by a variety of taxes and offsets. Major sources of new revenue include a much-broadened Medicare tax on incomes over $200,000 and $250,000, for individual and joint filers respectively, an annual fee on insurance providers, and a 40% tax on "Cadillac" insurance policies. There are also taxes on pharmaceuticals, high-cost diagnostic equipment, and a federal sales tax on indoor tanning services. Offsets are from intended cost savings such as improved fairness in the Medicare Advantage program relative to traditional Medicare.[6] Total new tax revenue from the Act will amount to $409.2 billion over the next 10 years. $78 billion will be realized before the end of fiscal 2014.[7] Summary of revenue sources: * Broaden Medicare tax base for high-income taxpayers: $210.2 billion * Annual fee on health insurance providers: $60 billion * 40% excise tax on health coverage in excess of $10,200/$27,500: $32 billion * Impose annual fee on manufacturers and importers of branded drugs: $27 billion * Impose 2.3% excise tax on manufacturers and importers of certain medical devices: $20 billion * Require information reporting on payments to corporations: $17.1 billion * Raise 7.5% Adjusted Gross Income floor on medical expenses deduction to 10%: 15.2 billion * Limit health flexible spending arrangements in cafeteria plans: $13 billion * All other revenue sources: $14.9 billion Effective by January 1, 2012 * Employers must disclose the value of the benefits they provided beginning in 2012 for each employee's health insurance coverage on the employees' annual Form W-2's.[32] This requirement was originally to be effective January 1, 2011 but was postponed by IRS Notice 2010-69 on October 23, 2010.[33] * New tax reporting changes come into effect which aims to prevent tax evasion by corporations and individuals. The provision is expected to raise $17 billion over 10 years.[34] Under the existing law, businesses have to notify the IRS on 1099 form of certain payments to individuals for certain services or property[35][36] over a reporting threshold of $600. But from December 31, 2011 the requirements will be changed so that payments to corporations and individuals must also be reported.[37][38] There are a number of exceptions: personal payments, payments for merchandise, telephone, freight, storage, and payments of rent to real estate agents are exempt from reporting.[35] The amendments made by this section of the Act (section 9006) shall apply to payments made by businesses after December 31, 2011. Effective by January 1, 2013 * Self-employment and wages of individuals above $200,000 annually (or of families above $250,000 annually) will be subject to an additional tax of 0.5%. Effective by January 1, 2014 * Insurers are prohibited from discriminating against or charging higher rates for any individuals based on pre-existing medical conditions.[10][40] * Impose an annual penalty of $95, or up to 1% of income, whichever is greater, on individuals who do not secure insurance; this will rise to $695, or 2.5% of income, by 2016. This is an individual limit; families have a limit of $2,085.[41][42] Exemptions to the fine in cases of financial hardship or religious beliefs are permitted.[41] * Insurers are prohibited from establishing annual spending caps.[10] * Expand Medicaid eligibility; individuals with income up to 133% of the poverty line qualify for coverage, including adults without dependent children.[41][43] * Two years of tax credits will be offered to qualified small businesses. In order to receive the full benefit of a 50% premium subsidy, the small business must have an average payroll per full time equivalent ("FTE") employee, excluding the owner of the business, of less than $25,000 and have fewer than 11 FTEs. The subsidy is reduced by 6.7% per additional employee and 4% per additional $1,000 of average compensation. As an example, a 16 FTE firm with a $35,000 average salary would be entitled to a 10% premium subsidy.[44] * Impose a $2,000 per employee tax penalty on employers with more than 50 employees who do not offer health insurance to their full-time workers (as amended by the reconciliation bill)
Просмотров: 753 IOTW2009
Affordable Care Act and AT&T Retirees
http://www.ahlbumgroup.com One of the consequences of the Affordable Care Act is that many companies are migrating their retires from Employer Health Plans to the private market. One such example is AT&T. In 2015, some 310,000 AT&T retirees will no longer be able to take advantage of their current health plan. Instead, they will be required to select their health plan through a “Health Care Exchange”. AT&T’s Health Care Exchange of choice is AON based in Chicago. Under the new scheme, retirees MUST select either their Part D drug plan or their Medicare supplement through this exchange. If they make their selection to either purchase their Part D Drug Plan or other supplement through the exchange, they automatically become entitled to a $2,700 benefit, per year in a Healthcare Reimbursement account. Retirees can use this amount to pay their premiums on supplemental plans, even if they did not buy these plans through the exchange. There are a couple of problems with this scheme. Firstly, some supplemental plans may not be offered in some areas and, secondly, pricing is often not competitive. The lack of choice in plans and high premiums do not represent the best options for most AT&T retirees. So what’s the answer? Remember. Under the scheme you are required purchase ONE plan. Either your Part D Drug Plan or a Medicare Supplement Plan. Either way you are entitled to the $2,700 per year HRA. Our advice is to purchase the Part D Drug Plan through the AON Exchange. Now you can shop around for the best deal an a Supplemental Plan and use your HRA to pay the premiums. When shopping around, don’t forget to call The Ahlbum Insurance Group. Across the nation, we offer the widest possible range of plans at the most competitive prices. When you deal with the Ahlbum Insurance Group, you will be assigned a Personal Agent who will help you through every step of the sign-up process but that is not the end. You can rely on your agent to assist you with any Medicare Supplement or other health care issue in the future. We don’t build a customer list - we build relationships. [Medicare] [Medigap] [AT&T Retirees] [Medicare Supplement Plans] [Affordable Care Act] [Obamacare]
Просмотров: 449 Ahlbum Insurance Group
President Obama regarding federal healthcare reform bill on 6/15/2009
President Obama said during our national debate over federal healthcare reform bill on 6/15/2009 said that if we like are healthcare plan and doctor, we can keep them. This doesn't seem very true either.
Просмотров: 39 Joeflany431
What Is A Spousal Surcharge?
Ready to pay a 'spousal surcharge' for health care? Houston spousal surcharge affidavit. What is the spouse or domestic partner coverage premium surcharge? . To avoid payment 26 feb 2014 a $50 per month surcharge will be required in addition to your premium if you have spouse or domestic partner enrolled on pebb what is the spousal surcharge? The an additional that apply when works and has access group 20 may 2013 considering. Why is scl health making this change? Scl believes that all employers should be equally responsible for paying the 15 jun 2013 a small but growing number of companies are planning to introduce 'spousal surcharges' husbands or wives who want stay on check appropriate box, sign, and date form. 11 jun 2011 as a result, you might be required to pay a spouse surcharge to cover your working spouse under your employer sponsored health insurance 1 sep 2016 the spousal surcharge is a monthly charge in addition to your regular medical coverage contribution premium for a spouse who is working or retired and who is eligible for medical coverage through their employer or former employer 25 mar 2015 an alternate design is a spousal surcharge approach. Spousal surcharge q&a seemybenefitsonline. This simply means that if you have a spouse 21 oct 2016 the spousal surcharge is an additional contribution pay when your domestic partner has access to medical coverage from working faqs. With a spousal surcharge program an employee must pay additional cost to cover working spouse who has the option elect health coverage from his or her employer and declined 25 apr 2013 companies are increasingly slapping surcharges on wives want be covered by their husbands' insurance 16 aug 2015 avoid affordable care act's so called cadillac tax rich benefit plans, adding of $100 month more important does not apply teamsters members programs have gained popularity in recent years surchargewhat is surcharge? The premium added if your access exclusions considerations caveats. Employers have considered eliminating coverage for the working spouse surcharge is a fee spouses who access to by another employer. Working spouse surcharge health plans frequently asked what is a spousal surcharge? Healthyquest. Sapling sapling 8577757 spouse surcharge insurance url? Q webcache. You must submit it to human resources. Working spouse surcharge faqs scl health. One of the ways employers are looking to contain healthcare costs is by levying surcharges on spouses a spousal surcharge provision verification offers identified option stay your plan if they pay monthly amount help offset direct spouse eligible for other employer group coverage and enrolled in state employees' health insurance (sehip) you will be subject 10 may 2017 its simplest form, an either impose spouse's coverage, or make that ineligible when What insurance? Health care benefits cost sharing what carve out penalizing forbes. How obamacare adds $100 a month to your spouse's coveragepsu office of human resources. S
Просмотров: 72 Bun Bun 2
Medicare is Retirement Planning’s Other Stepchild - Right on the Money - Part 3 of 5
Sub Headline: Like taxes, Effective Medicare Management Can Benefit the Bottom Line Synopsis: Medicare’s complexities go well beyond “healthcare for seniors.” High-income earners may be a surprised by their initial Medicare premiums. Medicare is yet another dynamic aspect of retirement planning that is best tackled pro-actively. Content: Just as many retirees shortchange the role of effective tax management in retirement, they similarly underestimate – and frequently misunderstand – the role and expenses of Medicare. Medicare became law in 1965 under President Lyndon B. Johnson as an equal opportunity healthcare program for seniors. Intended as an “everyone pays the same” program (except for those with an inability to pay - the beneficiaries of Medicaid), healthcare premiums are typically paid through deductions from monthly Social Security benefits. However, since 2003, rates have become “means-tested,” meaning they’re decided on income. For 2016, monthly premiums can range from $50 - $275 more per month for earners with a modified adjusted gross income exceeding $85,000 and among five separate income tiers. Rate differences vary by taxpayers’ marital and filing status. The kicker for new retirees is that the means test looks back to the immediately preceding two years’ income. For earners leaving high-income jobs, the initial Medicare premiums for parts B (physician expenses) and D (prescription drugs) can be much higher than anticipated. Although the system allows for waivers in certain circumstances, many new retirees will absorb the initial cost hit and adapt over time. Like retirement planning and tax management though, pro-active measures can be taken to lessen the Medicare burden. For retirement planning begun five years in advance, wages can possibly be deferred, or overall income can be staggered to effectively reduce MAGI to a lower threshold. The ripple effects of Medicare can include gap insurance for deductibles and co-pays missed by Medicare, including so-called Cadillac plans for those who can afford them. Retirees should also know that while Medicare may cover some in-home, event-specific therapies, it does not cover long-term care or in-home, daily-living needs like bathing. Given the pervasiveness and misperceptions about Medicare, and the largely unanticipated impacts when one spouse predeceases the other (Social Security benefits, reduced tax exemptions and Medicare costs), retirement planners suggest that aspiring retirees give Medicare the same attention as they would to income, deductions and taxes when formulating a retirement plan. Syndicated financial columnist Steve Savant interviews top retirement specialists in their field of expertise. This segment features retirement specialist Joel Braschler. Right in the Money is a financial talk show distributed in daily video press releases to over 280 media outlets and social media networks. (www.rightonthemoneyshow.com) https://youtu.be/-WeR2Hp5jqk
Просмотров: 1008 Right On The Money Show
ACA Special Edition: King v Burwell – what is the employer impact?
The U.S. Supreme Court has issued its decision in King v. Burwell. The Court ruled that the Affordable Care Act (ACA) permits the Internal Revenue Service (IRS) to provide tax credits for health insurance purchased through a federal Exchange (Marketplace). But what does the ruling mean for business owners, HR directors and benefits providers? Will IRS information reporting still be required? Could Congress step in and propose changes to the existing ACA law? View our webcast for answers to these questions.
Просмотров: 995 ADP
Jonathan Gruber and Stephen Parente discuss the Affordable Care Act
Jonathan Gruber discusses the Affordable Care Act with MPR in June 2012 and specifically highlights how John Kerry came up with a politically deceptive means to move unpopular changes to employer sponsored healthcare into Obamacare utilizing the "Cadillac Plan Tax". You can find the full panel discussion here: http://www.mprnews.org/listen/?name=/minnesota/news/programs/daily_circuit_2/2012/06/15/dailycircuithealthcaredebate_20120615
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Benefits 101 2018 - Part 2
Benefits 101 is a valuable three-hour presentation created for employees who are newly eligible for insurance benefits under the Wisconsin Retirement System (WRS) via employment at the UW-Madison. Benefits 101 covers: • Wisconsin Retirement System (WRS) • State Group Health Insurance • State Group Life Insurance • Income Continuation Insurance • Supplemental Plans (dental, vision, flexible spending, life insurance) • Supplemental Retirement Plans (403b and 457b) This recording covers the State Supplemental Insurance Plans and Supplemental Retirement Plans. Please view Benefits 101 - Part 1 for more information on the other benefits offered to new employees.
Просмотров: 106 UW–Madison Office of Human Resources
YES YES YES - THEY DID IT: House Republicans Release The Obamacare Replacement Bill!!!
LIKE SHARE VIDEO AND SUBSCRIBE MY CHANNEL : https://goo.gl/4zXJE9 SOURE : https://goo.gl/sc1spt PLEASE HELP ME WATCHING VIDEO IN THE NEW CHANNEL AND SUBSCRIBE : https://goo.gl/W81YJt House Republicans Release The Obamacare Replacement Bill Republicans Obamacare replacement package is finally out,the two house committees that are working on the bill are set to start on Wednesday. In: Pre-existing condition coverage Continuous coverage — 30 percent penalty if people don’t keep themselves insured Special fund to help states set up “high-risk” pools, fix their insurance markets, or help low-income patients Enrollment in expanded Medicaid will be frozen Current enrollees can stay until 2020, and keep getting extra federal funds, until they leave the program on their own Medicaid will change to “per capita caps” (funding limits for each person) in fiscal year 2020 A new, refundable tax credit will be available in 2020 to help people buy health insurance Covers five age groups — starts at $2,000 for people in their 20s, increases to $4,000 for people in their 60s It’s not means tested, but phased out for upper-income people (starting at $75,000 for individuals, $150,000 for families) Insurers can charge older customers five times as much as young adults Out: All Obamacare taxes All Obamacare subsidies, including its premium tax credit Individual, employer mandate penalties “Cadillac tax” (until 2025) No longer will limit the tax break for employer-sponsored health coverage No payments to insurers for cost-sharing reductions Selling insurance across state lines (can’t be done in the “reconciliation” bill) Medical malpractice reform (can’t be done in the “reconciliation” bill) House Energy and Commerce chairman Greg Walden (R-OR) said about the Republican leadership’s Obamacare replacement bill: After years of Obamacare’s broken promises, House Republicans today took an important step. We’ve spent the last eight years listening to folks across this country, and today we’re proud to put forth a plan that reflects eight years’ worth of those conversations with families, patients, and doctors. Simply put, we have a Better Way to deliver solutions that put patients – not bureaucrats – first, and we are moving forward united in our efforts to rescue the American people from the mess Obamacare has created. With today’s legislation, we return power back to the states – strengthening Medicaid and prioritizing our nation’s most vulnerable. We provide the American people with what they’ve asked for: greater choice, lower cost, and flexibility to choose the plan that best suits their needs. Today is just the first step in helping families across this country obtain truly affordable health care, and we’re eager to get this rescue mission started.
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How Will The Affordable Care Act "ObamaCare" Affect You in 2014
Freeman Owen, Jr and Tia Young discuss the affects of The Affordable Care Act "ObamaCare" in 2014. 1. Provisions for young adults to remain on their parent's heath care coverage 2. Employers with 50+ employees are not required to provide healthcare, but they will be responsible for "shared responsibility payments". They will be fined if they don't provide coverage or satisfy the mandate. 3. Pre-existing conditions do not disqualify an employee from getting health insurance. 4. Employers with less than 50 employees will get federal tax credits for helping employees obtain health insurance. 5. For higher income earners: There will be additional Medicare taxes on regular earning and taxes now will be required on net investment income. 6. Regarding Medicare: This act has added free preventative services & Medicare part D coverage gap will slowly close by 2020. New Medicare pilot programs will start coming available. In 2014, we will see an increase in cost of Medicare. Download a FREE Resource Life Guide at JUSTASKFREEMAN.COM. 5 Core Provisions for the Affordable Health Care is available at http://www.JustAskFreeman.com/life-guides/
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Health Dept of Northwest Michigan
The Health Dept of Northwest Michigan is offering cancer screening programs for residents that may not otherwise be covered. Don't lose someone you love, get screened today. Through the Breast and Cervical Cancer Screening Program (BCCCP), women who have breast and/or cervical cancer will be identified at earlier stages of these diseases, when treatment is less expensive and the survival rates are more favorable. Working together, medical providers and local health agencies can ensure that the highest quality breast and cervical cancer control services are available to all women in their communities. This federal grant program is for low-income women of all ages, with the primary target population being women aged 40-64. The program provides screening services at no cost to uninsured women aged 40-64, whose incomes are at or below 250% of the federal poverty level. 2014 Income Guidelines $29,175/year for 1 person $39,325/year for family of 2 $49,475/year for family of 3 $59,625/year for family of 4 Add $10,150/year for each additional person Insured women may also take advantage of the Breast and Cervical Control Program, provided they meet the insurance, age, and income eligibility requirements. Women enrolled in a health maintenance organization (HMO) or Medicare Part B are not eligible for the BCCCP, because these services are covered through the HMO and Medicare Part B. Services Available: Through the Breast and Cervical Cancer Control Program, women aged 40-64 can receive: Clinical breast exams Pap smears Pelvic exams Screening mammograms Appropriate referrals to community providers for follow-up of abnormalities Depending upon a woman's medical need and her financial and insurance status, federal grant funds of supplemental funding is available for diagnostic services including colposcopy or breast biopsy.If a woman is diagnosed with breast cancer or cervical cancer (or its precursors), the woman is eligible for Medicaid through the Medicaid Treatment Act. For further information, contact the Program Coordinator at (231) 547-6523. The Colorectal Cancer Screening Program (CRC was created to ensure men and women age 50-64, who meet the criteria for Michigan Colorectal Cancer Early Detection Program (MCRCEDP) eligibility have the opportunity to participate in colorectal cancer screening services. In order to be eligible for this program, you: Must be between 50-64 years of age Must have no health insurance or inadequate health insurance which is defined as health insurance that doesn't fully cover the costs of colorectal cancer screening, including colonoscopy Income must be 250% of poverty or less: $29,175/year for 1 person $39,325/year for family of 2 $49,475/year for family of 3 $59,625/year for family of 4 Add $10,150/year for each additional person
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Kentucky Insurance Commissioner Defends State Regulation
Kentucky Insurance Commissioner Sharon Clark believes that despite the recent government bail-out of AIG, insurance companies and consumers will weather the storm. Above all, Clark feels states should have final say in individual regulatory functions. In contrast, Clark says the insurance departments fraud unit cooperates effectively with the federal government on investigative efforts through the U.S. Postal Service or through the U.S. Attorneys General office. Internet-based fraud is a major focus, Clark says. Disaster response is high on the commissioners radar and when she took office, Clark became the first director of consumer protection and established a disaster response team.
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Webcast- ACA Best Practices:  Annual Health Care Reporting and the ‘Cadillac’ Excise Tax
Please join us for our next in the series of ACA Best Practices webcasts in which we provide actionable insights how best to comply with ongoing ACA requirements. This event focuses on reporting on the 1094/1095-C (Annual Health Care Reporting), the types and sources of data required to comply as well as the Excise Tax. What is it, what’s the financial impact to your organization and what impact will this have on plan designs?
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We need to repeal the Health Insurance Tax
Today, U.S. Senators Orrin Hatch (R-UT) and John Barrasso (R-WY) are introducing legislation to save jobs and prevent health insurance premiums from skyrocketing for America's small businesses and families. The Jobs and Premium Protection Act, repeals the costly, job-crushing health insurance tax (HIT) included in the President's health care law. "Chock full of tax hikes, mandates and government overreach, the President's $2.6 trillion health spending law is an anchor around our economy's neck," said Hatch. "The health law's insurance tax is especially damaging, undercutting our economic recovery by increasing the cost of health coverage. Money that could go to higher wages, new workers, or investment will instead go to pay this new tax. With insurance premiums already skyrocketing and unemployment hovering at 9 percent, this tax makes no sense. The President is demanding jobs legislation; he should start by supporting the repeal of this tax." "Our legislation repeals President Obama's unfair, hidden tax on America's job creators, and will save thousands of jobs across the country," said Barrasso. "With 9 percent unemployment, hardworking Americans cannot afford to be hit hard by even higher premiums. We need to stop the HIT on our economy now -- before it starts. This tax is just another example of how the President's trillion dollar health spending law is only making things worse for small businesses and their workers." BACKGROUND The Jobs Premium Protection Act repeals Section 9010 of the President's health care law, known as the health insurance tax (HIT). If the HIT is not repealed, starting in 2014, health insurance companies will be taxed based on their net premiums written in the fully-insured market. 87 % of small businesses purchase their insurance inthis fully-insured market, and it is the place the self-employed and uninsured go to when they purchase insurance. The HIT will impose $87 billion in costs on businesses and their employees in the first ten years, diverting revenue that could be used for higher wages, new hires, and capital investment. Over the second ten years, this cost to businesses and their employees will be $208 billion. Ultimately, the cost of this tax will be passed through to American workers . They will pay the tax in the form of lower wages or higher premium contributions. According to a study released by former CBO Director, Douglas Holtz-Eakin, the average employee with a family plan will see their take-home pay reduced by $5,000 over the next decade due to this tax. The Joint Committee on Taxation wrote in a letter to Senator Jon Kyl (R-AZ) confirming that eliminating the HIT would decrease the average family premium in 2016 by $350 to $400. A recent NFIB study estimates that this tax will force the private sector to shed between 125,000 and 249,000 jobs between now and 2021—with more than half of those losses falling on the backs of small businesses.
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Unions and the House, senate Democrats have come to a deal on the taxing of Cadillac health care plans . This is a major break through . David Shuster speaks with Democratic representative Robert Andrews about the recent break through .
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"OBAMACARE" Obama Comprehensive Health Care Reform Understanding Banking and Obama
http://www.StockMarketFunding.com "OBAMACARE" Obama health care reform put on hold for now‎ 1-22-2010 US President Barack Obama's ambitious health care reform now appears to have been put on hold for the time being after the shocking Democratic party defeat..Dean To Dems: Give Up On Comprehensive Health Care Reform For Now Republicans in Missouri House denounce federal health care reform .Latest results for health care reform 1/22: Don't Blow This, Dems Most liberal bloggers are urging House Dems to swallow their objections to the Senate health care reform bill and pass it anyway, with the understanding ...Mixed Messages: Democrats In Disarray On Health Care On Thursday, January 21st, the White House announced that health care reform, an effort that just a month ago President Obama called "the most important ... Ezra Klein - The Republican plan to pass 'health-care reform'? Jan 22, 2010 ... Sam Stein is hearing some rumblings: Health care reform advocates are concerned that passing a scaled-back version of reform legislation ...Health Dialog remains a Blueprint for Healthcare Reform With the election in Massachussetts of Scott Brown, aka GOP 41, it has been an eventful week for the Healthcare reform bill that has been ...Health Reform But health reform must make health care more than just sick care. ... The Kennedy Legacy & Health Care August 24, 2009. A Weekly Update on Health Reform ... The Obama Plan - Reports - What People Are Saying - About Health Care | The White House Comprehensive health care reform can no longer wait. Rapidly escalating health care costs are crushing family, business, and government budgets. ...Health Care Reform News - News about health care reform. Commentary and archival information about health care reform Health Insurance and Managed Care Obama acknowledges health overhaul hit 'buzz saw' Obama vows to fight on for health care reform A patient waits in the Delany Medical Center in 2009, in the Bronx borough of New York ... White House Reduces Expectation of Passing Health ... White House Reduces Expectation of Passing Health Care Reform. FOXNews.com. Shell-shocked by the victory of Republican Scott Brown in the ... Health-Care Reform 2010 - Tracking the National Health-Care Debate In-depth news coverage and information on health-care reform and health-care policy. Health reform takes center stage this summer, as congressional ...Health Care Reform Is 'Hanging by a Thread': Jan 11, 2010 ... Health care reform is "hanging on by a thread," and one or two votes could determine the outcome of the heavily-debated bill, ...Newest hurdle to how to pay for healthcare reform: unions / The ...Jan 11, 2010 ... President Obama meets with union leaders Monday. Unions worry that the Senate healthcare reform bill's 'Cadillac tax' on expensive ... health care reform. The plan outlined here addresses health care ...... important role to play in health care reform, so the Baucus plan envisions specific ...Scott Brown Healthcare reform - Healthcare reform is a general rubric used for discussing major health policy creation or changes—for the most part, governmental policy that affects ...[Health care reform] Video on: obama healthcare "health care" "healthcare reform" bank banking government business investment bloomberg trading market election analysis financial doctor science "health care reform" "obama healthcare" "healthcare obama" commentary money stock press conference news congress tutorial vlog howto economy debate conservative democrats stocks finance campaign speech elections technical budget gop "OBAMACARE"
Просмотров: 867 FreeOptionTrader.com
Supplemental Medigap Policies Fills The Coverage Gaps - Right on the Money - Part 4 of 5
Subhead Medigap Policies Provide Seniors Can Fill Gap Coverage Synopsis Medigap policies are supplemental health insurance policies sold by private insurers, designed to fill “gaps” in health coverage provided by Medicare to help pay for services Medicare does not cover. You must be enrolled in Medicare Parts A and B before you need to purchase a Medigap insurance policy. Content For seniors 65+, and others who may qualify, there is an option called a Medigap policy. These policies are supplemental health insurance policies sold by private insurers, designed to fill “gaps” in health coverage provided by Medicare to help pay for services Medicare does not cover. Most Americans enroll in Medicare Parts A, B and D because they fear an unforeseen medical expense, and that’s just smart planning because medical bankruptcy is a potential outcome if you don’t plan accordingly. We’re living longer and are finding better ways to take care of ourselves, so you must ensure your Medicare is giving you the best benefits possible. Two primary factors to consider when choosing a Medigap policy are 1, needed benefits and 2, cost. Under federal regulations, private insurers can only sell “standardized” Medigap policies and they all differ. How and what should you look out for when choosing a policy? − Discounts. Maybe you’re a woman or a non-smoker, so insurers may offer discounts to certain people. − Medical underwriting. You might have to fill out a health questionnaire. Your answers determine if you’re eligible for a policy and at what cost. − Pre-existing conditions. There may be a six-month waiting period for a pre-existing condition under Medigap policies. − High deductible. Compare to other options. − Medicare SELECT. These policies require you use pre-selected hospitals and physicians. − Guaranteed renewable. After 1992, most Medigap policies are considered renewable and insurance companies can’t drop you. Policies issued before 1992 may not be guaranteed renewable. − Insurer pricing methods. The common methods insurance companies price Medigap policies, including community, issue-age and attained-age pricing. Watch the interview on the basics of Medicare with Curt Chojnowski, Principal at Executive Benefits Group and Medicare specialist. Curt has more than 20 years of experience in the industry and focuses on the ins and outs of Medicare coverage and can dive deep into the subject. Post 2010, available Medigap policies include Plans A, B, C, D, F, G, K, L, M and N. All plans differ when it comes to core benefits, skilled nursing, deductibles, charges, emergency travel, at-home recovery and preventative care. Plan F is what’s called the “Cadillac of Medicare,” because you’re virtually covered for everything with payment of your premium. Plan F can range from an additional $50 to $400 per month, depending on your state of residence. Talk to an insurance professional and shop around for the right Medicare coverage for you. National syndicated financial columnist Steve Savant interviews Curt Chojnowski on the basics of Medicare and the strategies available to seniors. Right on the Money is a weekly talk interview talk show for consumers. The show segments are distributed nationally as daily video press releases. (www.rightonthemoneyshow.com) https://youtu.be/QBB895RrFV4
Просмотров: 919 Right On The Money Show
Navigating the New Health Care Regulations for Wellness Programs
The Affordable Care Act (ACA) and other recent federal initiatives encourage employers to offer wellness programs at the workplace, to use financial incentives that encourage employee participation, and to impose surcharges on workers who practice negative health behaviors such as smoking. However, the ACA also presents challenges to providing those programs, including the use of incentives through medical premium contributions and tobacco use surcharges with respect to the affordability of the employer's group health plan. This webinar provided an update on opportunities and potential pitfalls under the current and proposed wellness program regulations. In addition, an overview of value-based insurance design and some examples of wellness program incentives models were also be presented.
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News 12: Somers Health Care Town Hall Meeting
Hudson Valley residents expressed outrage today after their incumbent Congressman, who has refused to hold any public discussions on HR 3200, derisively known as 'ObamaCare', attempted to leverage his official position to shut down a series of town hall meetings on health care that have been arranged by his prospective 2010 opponent, New York State Assemblyman Greg Ball (R, C, I - Patterson). "The congressman's office seems more interested in spending time trying to avoid a public discussion on health care than they are in reading this 1,100 page socialized medicine bill," Ball said. "A primary concern of mine is that we face an unlevel playing field when a public plan can shift costs to our state's private insurers because of low doctor and hospital reimbursement rates. State lawmakers nationwide can, and should be hosting public meetings on this critical issue." According to reports, the current congressman's requests for cancellation of Ball's town hall meetings were denied. "Hudson Valley residents deserve an open and honest discussion to debate the consequences of legislation that many believe will irreparably harm both the economy, and our health care system," said Cornwall Town Supervisor Kevin Quigley. "Our sophomore Congressman may feel differently, but I'm glad to see our state representatives, like Assemblymembers Annie Rabbitt and Greg Ball, taking the lead on this critical issue." Ball signed onto an official letter from the American Legislative Exchange Council (ALEC) to Congressional leaders, which was delivered on July 29, expressing the will of more than 1,800 state legislators opposing federal reform efforts-particularly, the Medicare-modeled "public plan" and a national health insurance exchange-which they say will trample states' rights and lead Americans down the road to single-payer health care. "It may have escaped our Congressman's notice, but people are outraged about this bill," said William DeProspo, Chairman of the Orange County Republican Committee. "It is bad enough that he has refused to defend his viewpoint on this issue directly to the public, but this Orwellian attempt to infringe upon free speech and halt public discussion is shameful." The members of ALEC-the nation's largest nonpartisan, individual membership association of state legislators-recently approved the Resolution on Preserving States' Rights Regarding Federal Health Insurance Exchanges and a Public Plan, which deems the federal public plan anti-competitive and calls the proposed national health insurance exchange a "federal takeover" of the states' role in regulating health insurance. "Our current congressman has chosen to discuss this bill only in meetings with special interest groups in a behind the scenes, closed door format, and while that may score political points with Nancy Pelosi, Hudson Valley residents know better," said Chairman Michael McCormack of the Dutchess County Republican Committee. "States primarily regulate today's health insurance market and provide aggressive oversight of the market and enforce consumer protection and ensure a local, responsive presence for consumers. Now that congress is considering legislation that may impose restriction on the states ability to regulate health plans, including overriding already adopted state patient protections, is important to have responsive legislators like Assemblyman Greg Ball, who will stand up and fight for us, as it is the duty of our state elected officials to stand up and stop this effort to undermine state authority to design programs that reflect local needs." In the ALEC letter to Congress, ALEC's lawmakers criticized the federal push to shift health care decision-making to Washington. "We all share the goal that patients deserve to choose their own quality, affordable, private health coverage," Ball's letter states. "But health reform shouldn't just be the job of the federal government."
Просмотров: 902 Greg Ball
Large Employer Mandatory Health Coverage Overview
Patient Protection and Affordable Care Act (PPACA), commonly called Obamacare. Beginning in 2015, large employers, generally those with 50 full-time employees in the prior calendar year, that • Do not offer coverage for all their full-time employees, • Offer minimum essential coverage that is unaffordable (employee contribution being more than 9.5% of the employee's household income), or • Offer minimum essential coverage where the plan's share of the total allowed cost of benefits is less than 60% (i.e. less than the bronze coverage), will be required to pay a penalty if any of its full-time employees were certified to the employer as having purchased health insurance through a state or federal exchange and qualified for either tax credits or a cost-sharing subsidy previously discussed.
Просмотров: 315 Lee Reams