The Wild Card That Could Destroy Your Retirement
Here is an excerpt of an outstanding article we read on Yahoo finance: Could you withstand a half million dollar or more hit to your retirement savings? Even for many one percenters that could be the difference between a comfortable retirement and destitution. Yet, the odds that you may someday get this hit are uncomfortably […]
Obamaco$t brings Unpleasant Surprise – Focus, Large Group Renewals
Early 2014 large group renewals have come in for fully-insured and self-insured plans. Many employers are going to have an unpleasant surprise. A surprise to many who have had the belief that the postponement of the mandate postponed everything. Are you ready for this? Example 1: A colleague of mine reports a 400 life group with a […]
Obamaco$t comes with Obamacare
Have you heard federal officials sate “Premiums before tax credits will be more than 16 percent lower than projected?” They are referring to the weighted average of the second lowest cost silver plan for 48 states (including DC) based on the ASPE-derived Congressional Budget Office. Sounds good, until you dig deeper. The key word is […]
Two Court Cases pose significant threat to PPACA
Employee Benefit Advisors has been following two court cases that have been falling under the radar. These cases could dismantle health care reform as we know it. _____________________ Excerpts from Employee Benefit News September 27, 2013 by Serena Yee and Christie Daly The ACA requires the creation of a health insurance exchange in each state […]
PPACA: It’s Oct 2 – Now what?
October 1 was a very significant date for the implementation of PPACA as the individual exchanges went live. However, there were reports from many states with problems with the rollout and not all exchanges were activated on schedule. Both the online small business markets known as SHOP exchanges and the Spanish language exchange are delayed. […]