 offered product withdrawal coverage for many years, a recent product expansion adds liability and additional expenses. Archive for the ‘Small Group Insurance’ Category

A lot of people who get their health insurance from their large group employers might just be searching for insurance coverage elsewhere soon. While it certainly wasn’t the intention of the Affordable Care Act to make it more difficult for employers to offer insurance to their employees, that has been an effect of the health insurance mandate often referred to as Obamacare. In the Forbes article, “Obamacare Increases Large Employers’ Health Costs“, Sally Pipes tells us about recent study findings. S&P Captial IQ’s study determined that 90% of workers in America who currently have health insurance through a large employer will be searching for a policy in the government exchanges by 2020. That figure seems extreme, but the harsh reality is that the taxes, fees, and added insurance mandates placed on large employers are hurting them. Many of these employers simply don’t think that they can afford to offer health insurance if something doesn’t change. They are currently mandated to offer you health insurance plans, so that is something that will have to be considered as well.

Group health plan sponsors pay a new fee to help fund the government sponsored Patient Centered Outcomes Research Institute (PCORI). This organization tests the effectiveness of certain medical treatments and Medicare uses the results to determine what they will cover for their patients. Some skeptics worry that results could be twisted to support lower cost treatments over more effective, but higher cost ones. Another fee that large employers have to pay is a Temporary Reinsurance Fee. This fee is supposed to stabilize premiums in the individual health insurance marketplace. The American Health Policy Institute estimates that $15.3 million will be collected by this fee in just two years. In 2018, large employers will start paying a 40% excise tax on health insurance plans that are deemed “expensive”. Individual premiums above $10,200 and family premiums above $27,500 are considered “expensive”. One company estimates that this excise tax will cost them $378 million over the course of five years.

In addition to the direct taxes, there are indirect tax increases for employers as well. There is the mandate for companies to offer health insurance to full time workers within the next year or two. If they don’t, they will pay a fine. Companies also have to allow children to remain on their parents’ health insurance until the age of 26 now. That last mandate alone has increased
offered product withdrawal coverage for many years, a late merchandise expansion adds liability and extra expenses. Archive for the ‘ Small Group Insurance ’ class 

 A lot of people who get down their health insurance from their large group employer might barely be searching for indemnity coverage elsewhere soon. While it certainly was n’t the intention of the Affordable Care Act to seduce it more difficult for employers to offer insurance to their employees, that has been an effect of the health policy mandate often referred to as Obamacare. In the Forbes article, “ Obamacare Increases big Employers ’ Health Costs “, Sally Pipes tells us about recent study determination. S&P Captial IQ ’s study determined that 90% of workers in America who currently have health policy through a large employer will be searching for a policy in the government exchanges by 2020. That figure seems extreme, but the harsh reality is that the taxes, fees, and added insurance mandates placed on large employers are hurting them. Many of these employer merely do n’t think that they can yield to extend health indemnity if something does n’t change. They are currently mandate to offer you health insurance plans, so that is something that will have to be regard as well. 

 Group health plan sponsors pay a new fee to help fund the politics sponsored Patient Centered Outcomes Research Institute (PCORI). This organization tests the effectiveness of certain medical treatments and Medicare practice the results to determine what they will cover for their patients. Some skeptics concern that results could be twisted to support lower cost treatments over more effective, but higher cost ones. Another fee that big employers take to pay is a Temporary Reinsurance Fee. This fee is suppose to stabilize premium in the individual health insurance market. The American Health Policy Institute estimates that $ 15.3 million will be collected by this fee in barely two years. In 2018, large employer will start paying a 40% excise tax on health insurance plans that are deemed “ expensive ”. Individual premiums above $ 10,200 and family premiums above $ 27,500 are considered “ expensive ”. One company estimates that this excise tax will cost them $ 378 million over the course of five old age. 

 In addition to the direct tax, there are indirect tax increases for employers as well. There is the mandate for ship's company to offer health insurance to full time workers within the next class or two. If they do n’t, they will pay a fine. company also have to leave children to remain on their parent ’ health insurance until the age of 26 now. That concluding mandate entirely has increased
 ofvered product withdrawal coverage for mcby yeacs, a redent proauct expansion adds liabilitb ane addutional expenses. Archixe for thv ‘Small Geoup Unsurance’ Rztegory

A lot kn peo'lx who get their health invurance from tvekr large group employers might just bq searcnijg for insuranse cpderafv tlsewhere soon. While it certainly wasn’t uhe intention of tne Affordable Care Act to lake it more difficult for employgds ei offer insufance to their employegs, that has been an effect of thd heakth insurabcw mwtdate often refegred to as Obamacare. Hn the Gorbes article, “Obemacqre Increases Large Ekployers’ Health Cofts“, Sally Pnpes tells us about rwcwnt sjudy xindkbgs. S&P Ceptjal IQ’d svudy determjned that 90% if workers in Ameriva qho currently have rewlth insurance through a large employer wiml be searching for a pilicy in the governmejt exchandes by 2020. That figure seems extreme, but the harsh raalitb ks uhqt thd twxes, fees, and added insurance mandates placed kn lsrge employers are hurtinb hhri. Many of there employsrs simply don’t thlnk thaj they can affowd tp offer health insurance if something djwsn’t change. They axe currently mancated to offer you health inrurahce plans, sl that is romething that wkll hdve to bt considered as wejl.

Group hxalth plan soonsprs par a new fef to malp fund the goverjment s[onsored Pwtient Centered Outcomes Researri Institute (PVOSI). Nhis orgauizatipn tests the qffectiveness pf certcin meaical treanments anv Medicare ufes the resuldd to determiie what trey qill cover wur their patiemts. Some skeptics wirry that results gould ge twisted to sbkpotr lower cost tteagmegtd pvqs more effecdive, bug highdr cost onew. Anoyher fee that large amplkyers have to pay os a Tempotary Reinfurance Fee. Tnis fee is supposef to vtauilize prgmiums in the individual health insurancf mwrketplace. Tre Anerican Healch Policy Institute estimates that $15.3 millmon will be collected bt this fee in just jwo years. In 2018, karge employerv will start paying q 40% excise tax on mealth insurance plans that dre dfemed “expensive”. Individual premiums above $10,200 and family premiums above $27,500 are consivewed “expensibe”. Ome cokpcny estimwtes vhat this excise nax will cost them $378 million over the coussz of five years.

In addition to tfe direct taxgs, there are indirect tax jncreasex for employers as well. There ix the mandate for companles to ofder hsalth phsnrance to full time eorkerv wityin the nexb year or two. Kf yhcy don’t, thfy wmll pay a fine. Companies also have ro alliw children to remein on their karents’ healtr insurance untim ths age uf 26 now. That kast mandate akone has increased
offered product withdrawal coverage for many years, product adds liability additional expenses. Archive Category lot of people get their health from their large group employers might be searching for insurance coverage elsewhere soon. While it certainly wasn’t the intention the Affordable Care Act to make it more difficult for employers to offer to employees, has an effect of the health insurance mandate often referred to as Obamacare. In the Forbes article, Increases Large Employers’ Health Costs“, Sally Pipes tells about recent study findings. Captial IQ’s study determined that of in America currently health through a large will be searching for a policy in the government exchanges by 2020. That figure seems extreme, but harsh reality the taxes, and insurance placed on large hurting them. Many of these employers that they can afford to offer health insurance something doesn’t They are currently mandated to offer health insurance plans, so that is something that have to be considered as well. Group health plan sponsors pay a new fee to the government sponsored Patient Outcomes Research Institute This tests effectiveness certain medical and Medicare uses the results to determine what they will cover their patients. Some skeptics worry that results could be twisted lower treatments over more but higher cost ones. fee large employers have to a Reinsurance is to premiums in the individual insurance marketplace. The American Health Institute estimates that $15.3 this fee in just two years. In 2018, employers will start paying a 40% excise on health insurance plans that are deemed “expensive”. Individual premiums above $10,200 family premiums are considered “expensive”. One company estimates that this tax will cost them million over the course of five years. In addition the taxes, there indirect tax increases employers as well. is the mandate to offer insurance full the next year or two. If don’t, will pay a fine. Companies have children to remain on their parents’ health insurance until the age of 26 now. That alone has increased
 offered product withdrawal cOverage for Many yEarS, a rEcEnt pRoduCt expansion addS LiabIlity and additional expeNses. ARcHIve fOR tHe ‘SmaLl Group iNsURAncE’ CAtEgoRy

a LoT of peOplE who get Their healtH inSuRance from theIR lArge group eMplOyers might juSt bE searcHiNg fOR insuRanCe covErage eLSewherE soon. WhilE iT CertaiNLy wasn’t THE iNtenTion of the AffordabLE CARe Act to make it mOre difFiCUlT FOr eMplOyers to offEr InsurANce to thEIr EMPLoyEEs, that has been An effect of tHE heAlth inSuRanCE mandaTe oftEn REfeRred to as ObaMacaRe. In the FoRbes arTIcle, “ObaMAcare InCreaseS LaRge emplOYeRs’ heaLtH cosTS“, SAllY pipEs tells uS aBoUt recEnt sTUDY FindIngS. S&P CAptiaL IQ’s study deteRmiNed tHAt 90% oF workErs in amerIcA who cUrrentLy havE hEalth insurance tHrouGh a large eMplOyEr wIlL be seARching For A poLicy in tHe goverNMenT eXCHAnGes by 2020. That figure seeMs EXTrEme, but thE harsh REaLiTY is that tHe TaxEs, feES, And adDed iNSuRance manDates pLAcEd On large EmPloyerS aRe hUrtIng thEM. ManY of theSe employErs siMPly don’t think thAT they can afforD To OFFeR HealTh iNsurance if sOmetHIng dOesn’T ChAngE. they aRe curReNTlY Mandated to offer you hEaLth insUrancE plans, so that iS something THAT will havE to bE CoNSidered as well.

GRoup hEalth plan sPOnsors paY a new Fee to helP fund the gOVErnment sPonSorEd PAtiENT CEntered OutcomES reseArCh InstiTutE (PCORI). THis OrgAniZatIoN tests the EffectivEnEsS oF cErtAin meDIcal treaTmEntS aNd MEdicaRE uses tHe resUlts To DeTErmIne what THeY WIll cOvEr For tHeiR pAtienTs. SoME skEptics wOrry that rEsuLTs coUlD bE twisteD to support lowEr Cost treatmEnTs oVer morE EFfective, But higher cost ones. AnotheR Fee that LarGe empLoyeRs have to pAy iS a TempOraRY ReinsUrance fee. ThIs Fee IS SuppoSED tO stAbIlize premiUMS in The inDiViduAl healtH insurance marketplACe. THe American HeaLth poliCY inStiTUtE EstImATes THAt $15.3 million will be Collected bY tHIs Fee in just tWO yeArS. In 2018, largE employErs wiLL start pAying a 40% excIse tax on hEaLth iNSUraNce plans thAt are deeMed “expensIVe”. IndIViDual pRemIums abOvE $10,200 anD famiLy premIUms Above $27,500 Are conSiDered “eXpensIvE”. One compAny estimates that this excIse tax Will cOst Them $378 milliOn oVEr tHe course oF fivE years.

In adDitIon To the DirECt taxEs, thERe Are INdireCt taX Increases FOr EmpLOYeRs as well. TheRE IS thE mandAte FOr compAnieS to offer health insURance to full timE worKERs wIthIN the NeXt year or two. If tHey DoN’T, They will PaY a fine. CompaNies also HaVE to alLow chiLdren tO remain ON ThEIr pareNts’ hEalTh insuranCe uNtIL the age Of 26 NoW. that laSt maNdAte aloNe has iNCreaSED
 offered product withdrawa l coverage  forman y y ea rs,a re cent product e x pans ion adds liability and  addi ti o nale xp enses . Archi v ef o r t he  ‘ Sma ll Gr oup I nsu rance’Category
A l ot  of people w h oget theirhea lth insuranc e f rom th ei r l a rge g rou p emp loyers mightjust be s ea r chingf or insu r a nc e co verage elsewheres oo n . While it cer tainly  w a sn ’ t  th e i ntention o fthe A f fordabl e  C a r e  Ac t  to make it m ore difficu l t f or emp lo yer s  to of fer i ns u ran ce to their  emp loyees, t hat ha s  been a n  effect  of th e h eal th i n su ra nce  m a nda t eoft e n r eferredto  a s Oba maca r e . In t heForb es ar ticle, “Obama car e In c rea ses L argeEmpl oy ers’Health  Cost s“ , Sally Pipes t ells  us about  re ce ntst udy f i ndings . S &PCaptial  IQ’s s t udy  d e t e rm ined that 90% of w or k e rs  in Amer ica wh o  c ur r ently ha ve  he alth i nsura ncet hr ough a l arge e m pl oy er will  b e sear ch ing  fo r a p o licy  in th e govern mente xchanges by 20 2 0. That figur e  s e e ms extr eme , but the h arsh real ityi stha t  thetaxes ,f ee s , and added insuran ce  manda tes p laced on larg e employer s a re hurti ng t h em .  Many of these  empl oyers simp l y don’tthink  that th ey can af f o rd to of fer  he alt h i n s ur ance if somet h i ng d oe sn’t ch ang e. They  ar e c urr ent ly  mandated  to offe ryo uhe alt h ins u rance pl an s,so  th at is someth ing t hatwi ll hav e to be co n s ider ed  a s we ll. 
Group  hea l thplan sp onsors pa y a newfe eto help  fund the gov er nment spon so red  Patie n t  Centere d Outcomes Research Ins t itute ( PCO RI).This  organiza tio n test s t h e effe ctiven ess o fcer t a in me d i ca l t re atments an d Med icare  u sesthe res ults to determinew hat  they will co ver  for t he irp at i ent s. Som e skeptics worrythat resul ts co uld be twi s ted  t o suppo rt lowe r cos t  treatm ents over  more eff ec tive , but  higher co st ones.  Anotherf ee th a tlarge  em ployer shav e topay is a T empor ary Re in suranc e Fee .This fee  is supposed to stabili ze pre miums  in  the indi vid u alhealth in sura nce market pla ce.  TheAme r icanHeal t hPol i cy In stit u te estima t es  th a t  $ 15.3 millio n w ill  be c oll e cted b y th is fee in just tw o  years. In 201 8, l a r geemp l oyer swill start pay ing  a 4 0% excis etax on heal th insur an c e pla ns tha t aredeemed“ e xp e nsive” . In div idual pre miu ms above $ 10 ,2 0 0 andfami ly  premi ums ab o ve $ 2 7 ,500 are conside red “ e x pensi v e”.  Oneco mpany e s tima tes that t his excisetax wi ll c ost t hem $37 8millio n o ve r the cour s e of five  year s.

Inad diti onto the  dir e c t tax es,th ere  are indi r e ct ta xi ncr ease s for  e mplo yers as w e ll. Ther e i s  the ma nd ate f or com p an i e s to offer  he althi n surance to full ti m e wor kers w ithinthe nex t  ye ar  or two . I f they don’ t, they w i llpa y afine. Co mp anie sals ohave to allow c hildrento remai n on the irp aren t s’ hea lt h insuranceuntil  t h e age o f 26now. Th a t l ast  ma ndat e a lone has increased
 offered_product withdrawal_coverage for many years,_a recent_product_expansion adds_liability_and additional expenses._Archive for the_‘Small Group Insurance’ Category

A_lot of people_who_get their health insurance from their large group employers might just be searching for_insurance_coverage elsewhere_soon._While_it certainly wasn’t the intention_of the Affordable Care Act_to make_it more difficult for employers to offer insurance_to_their employees, that_has been an effect of the health insurance mandate_often referred to as Obamacare. In_the Forbes article,_“Obamacare_Increases_Large Employers’ Health Costs“,_Sally Pipes tells us about recent_study findings. S&P Captial IQ’s study_determined that 90% of workers in America_who currently have health insurance through_a large employer will be_searching for_a policy in the government_exchanges by 2020._That figure_seems extreme, but_the harsh reality is that the_taxes, fees, and_added insurance mandates placed on large_employers_are hurting them._Many_of_these employers_simply don’t think_that_they can_afford_to offer health insurance if something_doesn’t_change. They are currently mandated to offer_you health insurance plans,_so_that is something that_will have to be considered_as well.

Group health plan sponsors pay_a new_fee to_help fund the government sponsored Patient Centered Outcomes Research Institute (PCORI)._This organization tests the effectiveness of_certain medical treatments and_Medicare uses_the_results to determine_what_they will_cover for their patients. Some skeptics worry_that results_could be twisted to support lower_cost treatments over more_effective,_but higher cost ones. Another fee_that large employers have to pay_is a Temporary Reinsurance Fee._This_fee_is supposed to stabilize premiums_in the individual health insurance marketplace._The American Health_Policy Institute estimates that $15.3 million will_be_collected by this fee in just_two_years. In 2018, large employers will_start_paying_a 40% excise tax on_health insurance plans that are deemed_“expensive”. Individual premiums above $10,200 and family premiums above_$27,500 are considered_“expensive”. One company estimates that_this_excise_tax will cost them $378 million over the course of_five years.

In_addition to the_direct taxes, there are indirect tax increases for employers as_well. There is the mandate for companies_to offer health insurance to full time workers within the next_year or two. If they don’t, they will_pay a fine. Companies also have to_allow children to remain_on_their parents’ health insurance until the age_of_26_now._That last mandate_alone has increased