TelePay Insurance

Debate On Health Law Repeal & Individual Tax Mandate Swirls

Considerations on the ACA status may include a repeal defining that most Americans must have insurance coverage as part of their tax-overhaul package.  This adds an uncertain element to an already complex legislative effort. Basically the proposal would co-mingle the draft tax bill currently under consideration with health-care provisions. In short, the concept would use the savings generated by repealing the individual ACA mandate to lower taxes for middle-income households. This approach would...
Continue reading
  6 Hits
  0 Comment
TelePay Insurance

Shopping Guide For ACA Plans

When consumers shop for Affordable Care Act plans starting Nov. 1, what they find depends on their individual circumstances. For those receiving federal subsidies to help with their premiums the new plans may offer greater benefits.  But those who aren’t eligible for those subsidies (people making 400% of the federal poverty level, around $48,000, or less) can expect to bear the full brunt of rising rates. Premiums on ACA Plan Due to the details of the ACA , prices on middle-tier “si...
Continue reading
  3 Hits
  0 Comment
TelePay Insurance

Jumps In ACA Sign-Ups Begin In November

Heading into the 2nd week of the ACA’s annual open-enrollment period, early sign-ups and traffic appear strong, report industry and government officials - More than 600,000 people have selected plans through the federal HealthCare.gov website in the initial days. ACA insurers including Highmark Health, CareSource, Independence Blue Cross and Sanford Health Plan said they were seeing significantly increased sign-ups compared with last year’s enrollment period.  Insurers caut...
Continue reading
  2 Hits
  0 Comment
TelePay Insurance

Congress Considers Voiding ObamaCare Mandate in New Tax Bill: 11-6-17

As Congress began retooling the tax proposal in pursuit of a final version that can pass a Congressional vote, the House suggested that using their sweeping tax bill to repeal the ACA's individual mandate - through a proposed measure to undo the requirement that Americans must buy health insurance - might be included in the final tax package. The mandate, which imposes a tax penalty on Americans who fail to buy insurance under the ACA, is considered a critical component of the 2010 health care l...
Continue reading
  7 Hits
  0 Comment
TelePay Insurance

ACA Mid-Level Premiums May Rise In 2018

ACA mid-level plan premiums could be increasing 34 percenton average next year, according to a recent analysis by a national consulting firm. These mid-level (also known as “Silver”) plans are considered the benchmark plans for people who sign up for ACA health insurance. Premiums for Bronze, Gold, and Platinum plans are anticipated to rise by an average of 18 percent, 16 percent, and 24 percent, respectively, compared to last year. Average State Premium Increases Anticipated: Iowa w...
Continue reading
  2 Hits
  0 Comment
TelePay Insurance

E&O Coverage - Vital To Professional Services Companies

When you invest in professional liability E&O coverage, you protect your business and reputation against lawsuits.  Whether real or perceived, Errors & Omissions Insurance (E&O) helps fund legal expenses when you're sued over professional mistakes, work miscalculations or missed deadlines.  E&O insurance is most popular among professional service industries including: Architecture Engineering Information Technology Consulting Legal Medicine Insurance Accounting Since society...
Continue reading
  7 Hits
  0 Comment
TelePay Insurance

ACA: Administration's Health Care Order - May Improve Availability & Affordability - But Congress Still Must Act

The Administration's recent executive order, which will expand health-insurance options for individuals battered by rising premiums and fleeing insurers, depends upon others to clear the way. While the executive order represents progress, Congress still needs to act. The President directed three federal departments—Labor, Treasury, and Health and Human Services—to consider ways of providing more flexibility for association health plans, short-term insurance, and health reimbursement arrangements...
Continue reading
  2 Hits
  0 Comment
TelePay Insurance

Human Capital Management Trends - End-to-End, Single Source Solution

In early 2017, one third of global employers reported that their workforce turnover increased. And that, in addition, a high percentage of organizations admitted they were having problems keeping key groups of staff – those with critical skills, high potential and the top performers. Furthermore, an even greater number of employers are having issues recruiting these types of employees. These alarming statistics highlight the business challenges the war for talent creates.  But, what is at stake ...
Continue reading
  7 Hits
  0 Comment
TelePay Insurance

ACA Directive Expands Sale of Less-Expensive Plans/Fewer Benefits - Will Ease Insurance Rules

The administration plans to sign an executive order Thursday (10-12-17) to initiate the unwinding of the ACA and may advance sweeping changes to health-insurance regulations by instructing agencies to allow the sale of less-comprehensive health plans to expand. Federal agencies will be directed to take actions to provide lower-cost options and foster competition in the individual insurance markets, according to a WSJ interview with senior White House officials. The specific steps included in the...
Continue reading
  4 Hits
  0 Comment
TelePay Insurance

White House To Issue Executive Order Expanding Health Care Options

The White House is putting the finishing touches on an executive order that would expand health care options and allow individuals to band together and buy insurance beyond their state lines.  The new options would broaden instructions for agencies to explore loosening regulations and lowering premiums. The order, which is expected to be signed sometime during the 2nd week in October, will be aimed at expanding insurance options for Americans who buy their own coverage or receive it through work...
Continue reading
  2 Hits
  0 Comment