Open enrollment for individual health insurance coverage in 2015 is over… or is it? If you owe an Obamacare Individual Mandate fee on your taxes for not having health coverage in 2014, and you don’t yet have health coverage for 2015, you may still be able to get coverage for 2015. This is according to a recent announcement by the Department of Health and Human Services (HHS). Here is what you need to know about the new special enrollment period, extended through April 30, 2015.
As a small business, health benefits are an important part of your overall recruiting and retention strategy. And yet, budgeting for health benefits can feel like you’re walking a tight-rope. That’s because with the wrong approach, health insurance can be unstable, expensive, and restrictive. However, the first step to taking control of your health benefits budget is to understand your options. In this article, we'll discuss small business health insurance options, and how to take control of your health benefits budget.
As you evaluate small business health insurance options, it is common to compare employer group health insurance and individual health insurance. What is group health insurance and how does it work for small businesses? In this article, we’ll answer seven common questions about how group health insurance works.
March 29th celebrates National Mom and Pop Business Owners Day. In honor of all small business owners, this article provides an overview of health insurance options to control your health insurance costs at plan renewal time. It’s plan renewal time and you just found out your small business health insurance premium is increasing 20 percent for the same coverage. Again. Sound familiar? If yes, you’re not alone.
Let’s face it. We’ve all started a new job where we spend the first day, week, or even month reading dry procedural manuals, shadowing staff, setting up our workstation, and well… twiddling our thumbs wondering when we can actually get to work. Don’t let this happen with your new staff. As part of your small business retention strategy create an onboarding program that engages employees quickly. By doing so, you’ll reduce the cost of employee turnover.
The Affordable Care Act (ACA), also referred to as health reform or Obamacare, introduced several new laws and regulations that impact employers of all sizes. Previously, we posted a checklist on 2014 Obamacare rules. In this new checklist, we’ll cover four Obamacare tasks all employers need to complete in 2015.
There are several new Obamacare tax forms including Form 1095-A, Form 8962, Form 8941, and Form 1095-C. If you’re head is spinning, don’t worry. In this article, we’ll provide a quick summary of the new Obamacare tax forms all small businesses and individuals need to know about to make this year’s tax time a little bit easier.
As small and growing businesses evaluate employees’ compensation packages, fringe benefits are inevitably part of the discussion. Fringe benefits are a way to supplement employees’ salary and can often be offered tax-free. Tax-free fringe benefits help small businesses offer a richer compensation package and employees appreciate the workplace perks such as health benefits, on-site meals, and tuition reimbursement. Wondering which fringe benefits can be offered tax-free? Here is quick guide.
Obamacare represents one the biggest changes to American health insurance for individuals, employers, agents, and healthcare providers. For many health insurance agents, however, the journey has felt like an uphill battle. Commissions structures have dwindled, employers are canceling group policies, and the Health Insurance Marketplaces haven’t carved out a clear-cut role for agents. So, what is the fate of health insurance agents in the new Obamacare landscape? Here are four ways health insurance agents can - and are - surviving post-Obamacare.
A customer calls in upset over your product or service. They’re angry. They want the issue resolved. They want to speak with a manager… immediately. Whether you’re a small business owner, a manager, or an advisor, there comes a time when you have to deal with upset customers. Regardless of how the problem originated, how you deal with these challenging situations says a lot about your small business. So, how do you deal with upset customers the right way? Here are 12 invaluable tips.
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.