All about small group self-funded insurance plans for Indiana
Self-Funded Plans What is a self-funded plan? It’s where an employer provides health benefits to employees out of the company’s own pocket. We have seen the introduction of self-funded plans for small groups in Indianapolis. Small employers are looking for options to try to control rate increases caused by the Affordable Care Act. The self-funded […]
Who Pays the ACA Related Costs for Group Plans?
A topic that will likely be addressed at your next next health insurance renewal meeting is likely going to be: Who will pay the Affordable Care Act related fees? Will it be the employees, employers… or both? Let’s find out more about what each of these ACA fees are and how much they will cost […]
Small Group Health Insurance Renewal
Small group health insurance renewal from July 1 to the end of the year just got really interesting. If you have been following my blog posts, then you may have read an article titled “What Is “Grand Mothering” And How It Will Impact You?” Grand Mothering is the ability to keep your current group health […]
Group Health Insurance Options
With Health Care Reform there is a lot of uncertainty in the market place. You do have options! The 1st option is to go with a fully insured health plan. As you may know there are only a few companies that are competitive. We will deliver you the most competitive plan. Our relationships with the […]
Employer Mandate Calculator
Employer Mandate Calculator Many people have heard of the employer mandate. Under Health Care reform, employers with more than 50 full time employees to offer health insurance to their employees. IF they don’t they will have to pay a penalty that is not tax deductible. They may also have to pay a penalty if any of their employee get subsidies through […]
Essential Health Benefits For Indiana
The Essential Health Benefits have been released by the federal government. This dictates that Insurers must cover 10 broad categories of care. This includes maternity services, doctor and medical services, mental health and substance abuse, and prescription drugs. Why is this important? All individual and small group will be effected by this ruling. This […]
Group Health Insurance
In 2013, we should see the final implantation of health care reform. The final stage should open an additional markets and strategies for group health insurance. In 2014, group health insurance will no longer have medical underwriting. This is call guaranteed issue. No longer will an employee have to complete application and answer medical questions. […]
Indiana Affordable Care Act Pricing
Indianapolis Affordable Care Act Pricing – Current Estimates ACA Insurer Fee: • Effective 1/1/2014 • 2.68% tax off fully insured premium • Applies to Small and Large Group – fully insured only Affortable Care Act Reinsurance Fee: • Effective 1/1/2014 • $6.35 Per Member Per Month before state tax […]
Health Care Reform Glitch
NY Times reported a interesting view on health care reform. They are reporting a glitch in the health care law. Under the Affordable Care Act, if an employee has access to group health benefits, then their dependents are not eligible for subsidies through the exchange. This is basically the short version of the argument. This aspect of the law have been interpreted by […]
4 Questions For Large Group Health Insurance Rebate Checks.
Did you recieve a rebate check from your group health insurance company? This check was sent to you by the health insurance company in accordance with the Patient Protection and Affordable Care Act (PPACA), also referred to as health care reform. What is this rebate for? As part of the 2010 Health Care Reform legislation, insurers are required to issue rebates […]
