All businesses face challenges, but nonprofits often struggle with different obstacles compared to their for-profit counterparts. Among the most pressing challenges facing nonprofits today are a lack of resources, creation of a sustainable business model, and donor retention.
Health care costs are projected to increase by 6.5 percent in 2017, which means they will continue to expand more rapidly than inflation. As a rising number of businesses feel the pinch, many are abandoning traditional group health insurance in favor of alternatives like the Small Business Health Reimbursement Arrangement (HRA) to help manage their health insurance costs.
The following are excerpts from our free eBooks, The Comprehensive Guide to the Small Business HRA and the Small Business Health Insurance Reimbursement 2017 Annual Report. You can download these resources by clicking here and here.
An analysis of individual and family health insurance policies available in 2017 reveals that costs have increased across the board from 2016. eHealth, the nation’s largest private online health insurance exchange, released its latest Health Insurance Price Index report on January 13. It looked at the average health insurance premium cost for individual and family policies during the first two months of this year's open enrollment period.
The U.S. Department of Health and Human Services (HHS) has released the federal poverty level (FPL) guidelines for 2017. Individuals whose household income falls between 100 and 400 percent of the FPL may be eligible for a premium tax subsidy that can lower their health insurance cost. What Is the Federal Poverty Level? Also known as “poverty guidelines,” the FPL is used to measure a household’s poverty status. Adjusted each year for inflation, the FPL can help determine if a family qualifies for certain government benefits, such as Medicaid, food stamps, or funds for education.
It seems as though you can’t turn on the news without listening to chatter about rising health-care costs. It’s true: The average health insurance cost has increased steadily for the past 17 years, but it turns out the news isn’t bleak for everyone. Those who qualify for subsidies are far less likely to experience drastic price hikes—they may even see a decrease in premiums.
Health insurance costs have increased sharply in 2017. The effects of the increases have been widespread, reaching both group health policies and affecting costs on the individual market. If you didn’t encounter rate hikes yourself, you probably know someone who did.
With the rising cost of healthcare such a hot topic these days, entrepreneurs are wondering about their small business health insurance options and how price increases might affect them. Answers may seem few and far between, but the latest Employer Health Benefits Survey from the Kaiser Family Foundation (KFF) may be able to help.
It can be difficult at times to determine what percentage of health insurance costs you should cover for your small business. Choosing a percentage means that the exact amount will vary from year to year. This leaves many small business owners wondering what benchmarks they should follow — and other options available to them.
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.