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The Affordable Care Act (Obamacare, ACA) has no doubt sparked heated debate throughout the country.  Progressives have claimed the ACA is working due to modest projected premium increases on the Exchanges for 2015. Conservatives have countered that health care costs are escalating due to the ACA. However, the political arguments being had are over health… Read more »

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As a follow-up to our blog article two weeks ago regarding an Affordable Care Act (ACA) 2014 to do list, this article focuses on saving your company time and money by avoiding hefty penalties and fees directly related to the ACA. Under the ACA, insurers are unable to impose annual dollar amount limits on benefits… Read more »

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With the employer mandate quickly approaching in January of 2015, here is a list of suggestions to prepare for the Affordable Care Act (ACA).  Research your insurance options by discussing with qualified insurance brokers, agents and consultants. Estimate how many employees are enrolled in Medicaid. Estimate how many employees will be eligible for the ACA… Read more »

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July, 2014 /PRNewswire/ — Newtek Business Services, Inc. NASDAQ: NEWT, The Small Business Authority®, with a portfolio of over 100,000 business accounts, announced the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of over 1,500 respondents, the key finding from the… Read more »

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The hits keep on coming — to the work hours of special education aides, school bus drivers, cafeteria workers, custodians, home-care workers, adjunct faculty and college students. With a recent addition of 28 documented examples of employers cutting work hours to dodge fines levied under ObamaCare’s employer insurance mandate, Investor Business Daily’s (IBD – www.investors.com)… Read more »

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Recently, there has been a thought process on the Affordable Care Act (ACA) that large employers (50+ full-time employees) would be able to shift health coverage costs to the government by sending their employees to a health insurance exchange by paying a tax-free contribution to help pay for premiums. However, in a recent change in… Read more »

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Article supplied by the Galen Institute, A not-for-profit health and tax policy research organization, written by Tyler Hartsfield and Grace-Marie Turner By the count at Galen Institute, more than 41 significant changes already have been made to ObamaCare: at least 23 that the Obama Administration has made unilaterally, 16 that Congress has passed and the… Read more »

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To avoid the fee in 2014 you need health insurance that qualifies as minimum essential coverage. If you’re covered by any of the following in 2014, you’re considered covered and don’t have to pay a penalty:  Any Marketplace plan, or any individual insurance plan you already have  Any employer plan (including COBRA), with or without… Read more »

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The Affordable Care Act references the number 50 as how many full-time employees a company can have before providing affordable health insurance to its employees.  If your company is well below, or well above this number, it probably seems irrelevant.  However, if your company is close to this number, it could be very confusing. First,… Read more »

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Affordable Care Act is the buzz word for many business owners.  Many are studying up and some would prefer to avoid it altogether.  Healthcare.gov is a website that recently was revamped to answer your questions about the Affordable Care Act.  Currently there is very little information, but keep an eye on it for up-to-date exchange… Read more »