Affordable Care Act – Employer Dilemma

Small employers all over the country are faced with the dilemma of whether to start, continue or cease offering health insurance coverage to their employees under the Affordable Care Act.  By offering Employer sponsored coverage, employees who would otherwise be eligible for premium tax credits or cost share reductions are …

You Must Have Insurance . . . or else Pay a Tax

The Supreme Court refashioned the individual mandate as a tax for 2014.   Insurance or Tax? The individual mandate tax is unprecedented. As written, PPACA (healthcare reform legislation) established an individual mandate to buy health insurance and a penalty for not doing so. This was the first time in American …

Buying Personal Health Insurance Coverage on the Exchange

(Source: BlueCross BlueShield of Tennessee)   Currently, an estimated 250,000 to 900,000 Tennesseans are uninsured. Health insurance Exchanges will give more people greater access to health insurance and wellness benefits. By 2014 all states must have a health insurance Exchange in place.   More People Are Eligible for Coverage Health …

Scammers Trying to Take Advantage of Health Care Reform

At last – something about the Patient and Affordable Care Act we can all agree on: Scamming is wrong. Unfortunately, it’s happening. The ink was hardly dry on the Supreme Court’s decision upholding the Affordable Care Act when the Federal Bureau of Investigation and the Federal Trade Commission began fielding …

If You Retire early, Make Health Insurance a Priority

Early retirement should not be a stressful experience. However, there are some important things to consider when making this complete lifestyle change. Health insurance is one of those issues. Even if you have been healthy for most of your life, there is an increased likelihood that during your elder years …

Health Care of the Future

  From the government’s perspective, dying before your 65th birthday will save them money?  Sounds crazy, but if you think about it from their perspective, the perfect citizen will work their entire life paying into both the social security and Medicare system and die without ever using a penny of …

Employer Responsibilities in the Affordable Care Act

[plain_image w=”594″ h=”200″ alt=”Healthcare Update” resize=”yes”]http://triteninsurance.com/wp-content/uploads/2012/08/Image_1_640p_Composited.png[/plain_image] The Patient Protection and Affordable Care Act (Affordable Care Act), Title I, Subtitle E, Part II is entitled ‘Employer Responsibilities’.  It includes five provisions relating to employers, most notably of which is the provision regarding penalties for not offering coverage, or offering coverage that …

Small Group Insurance Coverage Basics

Many employers are frustrated because they are under the mistaken impression that they are too small to offer quality health benefits for their employees. Generally, however, this is not the case: Many states require insurance companies to provide group underwriting for companies with as few as two employees, including the …