This is the second in a 3-part series entitled “Is COBRA dead?” The first article is available here. As we saw in our previous post, there are huge financial advantages to the exchanges over COBRA. However, when someone leaves a job, like clockwork employers still send out an informative COBRA notification within 2-3 weeks. What’s […]
This is the first in a 3-part series entitled “Is COBRA dead?“ Before Obamacare, COBRA was the definitive short-term safety net for health insurance. If you lost your job, the fastest way to get insured without seeing a gap in coverage was to sign up. But COBRA has always been expensive. Choosing COBRA means you […]
Every year, health premiums rise. That’s not news, despite recent fears around the potentially accelerating growth. Lost in the press is the fact that costs vary widely across different options. To date, few have tried to answer the question: Is health insurance on the individual exchange cheaper or more expensive than the employer-sponsored group market? […]
Why will companies stop offering health benefits? Because, Emanuel argues in the book — Reinventing American Health Care: How the Affordable Care Act Will Improve Our Terribly Complex, Blatantly Unjust, Outrageously Expensive, Grossly Inefficient, Error Prone System (how’s that for a title?) — the online insurance exchanges will provide employers with a viable alternative for […]
One of the most dynamic sessions at this year’s Health & Benefits Leadership Conference was the “Ideas and Innovators” session, in which experts from a variety of fields give five-minute presentations summarizing their thoughts on what HR leaders should do differently with regard to benefits. … Brian Poger, founder and CEO of consulting firm Benefitter, urged employers […]
Recent developments regarding the Patient Protection and Affordable Care Act have led to some surprising and probably unintended consequences for workers with dependents and their employers. Legislators clarified that workers with families whose employers offer qualified healthcare coverage will not be eligible for government assistance or premium tax credits on the public healthcare exchange in […]
News The Obama Administration, through the Department of Treasury, announced that it will not enforce the Affordable Care Act employer mandate for companies with 50-99 employees until 2016. In addition, the new guidance says companies with 100+ employees can meet their obligations under the ACA in 2015 by offering insurance to 70% of their employees. […]
A batch of employers won’t face a fine next year if they fail to provide health insurance to their workers, the Obama administration said Monday. In regulations outlining the Affordable Care Act, the Treasury Department said employers with between 50 and 99 full-time workers won’t have to comply with the law’s requirement to provide insurance […]
The phrase “sticker shock” has made headlines in stories about individual Obamacare enrollees, but premium prices for health insurance plans sold on Obamacare exchanges nationally are actually about the same—and in some cases cheaper—than premiums for comparable employer-offered plans, a new analysis reveals. If that trend holds in coming years, employers may strongly consider moving […]
Benefitter welcomes PwC research showing Affordable Care Act plans cheaper than employer-sponsored ones. Benefitter offers free insurance transition analysis to U.S. employers. Savings can approach 50% for the average employer who transitions from traditional group health insurance to the state marketplaces San Francisco, CA (PRWEB) January 31, 2014 U.S. employers took note Thursday as PwC […]