How would you change ObamaCare to improve health insurance in the US? Assuming repealing the law is off the table, which reforms to the current law would ease the burden on small businesses, brokers, employees, and the public?
For small and medium businesses, now is the time to drop group health insurance. While the rates of health insurance costs have slowed again, many forecasts are predicting an uptick in 2014 and 2015. Some industry experts say we're in a calm before the storm.
As the year comes to an end, here's a look at our top small business health insurance articles of 2013. These represent our most read, most commented on, and most shared articles on small business health insurance this year. Topics include ObamaCare, defined contribution, small business owner health insurance, and an infographic on small business health insurance.
In November 2013, the administration says approximately 100,000 people signed up for health insurance through the online federal exchange (healthcare.gov). This was a four-fold increase from October, even as a team of programmers and contractors were undergoing fixes and improvements to the website.
Employers with over 50 employees are trying to figure out how to deal with the Affordable Care Act's 2015 "employer mandate" which requires applicable large employers to either offer health insurance, or else pay a tax penalty. While the employer mandate has been delayed until 2015, many employers are strategizing their approach now - asking "Should we play, pay, or play differently?" and "What are the pros and cons to each strategy?"
Employee satisfaction and engagement. It's not just about making employees happy - it's about making the right employees happy. It's about engaging employees to drive the business forward. With high levels of employee engagement, employees feel passionate about their jobs, are committed to the business, and put voluntary effort into their work.
A vital part of any successful business is attracting and retaining productive, happy employees. Whether it’s a competitive salary, professional growth, or a rewarding office environment, employee satisfaction is an important ingredient to a profitable business. Identifying what incentives and best practices attract and keep the top talent happy, however, can be difficult to pin-point.
Starting in 2015, Applicable Large Employers (ALEs) will be subject to the "employer mandate" -- the Affordable Care Act requirement to either offer minimum, affordable health insurance by 2015 or be subject to penalties. This articles looks at the definition of an ALE and two common mistakes employers make when determining if they are an ALE (for the purposes of the ACA employer mandate).
Today, less than 50% of small businesses offer employees health insurance, largely because of the cost. That's over 2.3 million small businesses that don't offer health insurance. Under ObamaCare, small businesses (<50 employees) aren't required to offer health insurance, but most want to. And, there are new advantages of individual health insurance such as the premium tax credits and guaranteed-issue coverage. All of these factors leave many small business owners asking "Can I just reimburse employees' individual health insurance in 2014?"
This article answers the top six questions from employers on pure defined contribution health benefits including what is defined contribution, why 'pure', and what employees think of the health benefits solution.
Disclaimer: The information provided on this website is general in nature and does not apply to any specific U.S. state except where noted. Health insurance regulations differ in each state. See a licensed agent for detailed information on your state. Zane Benefits, Inc. does not sell health insurance.