TelePayroll

Administration Slashes Funds for ACA Outreach

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Most of the funding for an ACA outreach program is being cut by the administration, a move announced late Tuesday that touched off an angry response who called it another attempt to sabotage the health law. The program, which provides money to outreach groups urging people to sign up for plans on the ACA exchanges, will get $10 million in federal f...
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TelePayroll

Administration Takes Definitive Swipe at ACA

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The Trump administration is freezing payments under an "Obamacare" program that protects insurers with sicker patients from financial losses, a move expected to add to premium increases next year. At stake are billions in payments to insurers with sicker customers. The latest administration action could disrupt the Affordable Care Act, the health c...
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TelePay Insurance

Number of Brokers, Agents Selling ACA Coverage Drops Almost 25%

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Insurance agent and broker participation in Affordable Care Act enrollment ( see article below for details ), according to a report released by the Centers for Medicare & Medicaid Services (CMS) earlier this week. Currently, 42 percent of ACA enrollees receive help through insurance agents or brokers. Last year, 65,300 agents and brokers helped...
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TelePay Insurance

Two Perspectives of Health Plans with Fewer Mandated Benefits

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Last week, the administration issued a rule allowing access to health plans that don't meet certain requirements of the ACA. These products—which don't have to offer the comprehensive benefits that ACA plans do—will be available to small businesses and the self-employed. And Mr. Trump is expected next to lift limits on the duration of short-term in...
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TelePay Insurance

Administration’s ACA Stance Could Cause Problems

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The insurance industry trade group America's Health Insurance Plans warned that eliminating ACA's major protections would be "destabilizing" to the market and drive premiums even higher. AHIP signaled it will file an amicus brief in the case, officially siding with a group of states that have stepped in to defend the law's constitutionality. The ad...
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TelePay Insurance

The ACA Fix for Mom & Pop

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The Affordable Care Act was supposed to be a boon to small businesses and the 59 million Americans they employ. It hasn't worked out that way. In the past few years the ACA outlawed basic insurance plans and required businesses with 50 or more full-time workers to provide gold-plated coverage they didn't need. Almost immediately, companies began re...
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TelePay Insurance

Considering Insurance 1/2 the Cost of the ACA

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According to some concerned parties, the existing ACA is in a "death spiral" because of fewer enrollees, more dropouts and higher premiums (huge increases coming later this year). One-third of the people who enrolled in the ACA in January 2015 dropped out by the end of the year. The data for ensuing years will be worse. New regulations to offer a m...
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