May 2, 2014
AgencyImpact of ACA Like Hurricane, Says WCRI Exec Victor
Dr. Richard Victor, executive director of the Workers Compensation Research Institute (WCRI), likens the impact of health care reform to a hurricane. Like a storm whose path is not quite defined, health care reform could take a significant toll – but we don’t know precisely where. Since workers comp differs from state to state, the impact […]
March 28, 2014
AgencyHow Obamacare Lowers The Price Of Your Car Insurance
The cost of automobile insurance, workers’ compensation coverage and general business liability insurance could drop by as much as 5% thanks to the Affordable Care Act, according to a new study. Though the health law doesn’t cover cars or workers compensation, new analysis by RAND Corporation indicates it may help car owners and businesses with […]
February 7, 2014
AgencyValue of health insurance could be tough sell
Going without a health plan is bad for your personal and financial health. Lack of health insurance increases an individual’s risk of dying prematurely and being unable to pay for housing or food due to medical bills. The federal health care overhaul aims to drastically reduce the number of Americans who don’t have insurance. But […]
November 6, 2013
AgencyFactors That Could Raise Your Insurance Rates
Insurers consider a dizzying number of factors in determining premiums, so it’s often challenging for consumers to understand why they’re paying higher rates than their neighbors or co-workers. “All the consumer can do is ask questions when they buy insurance and get comparison apples-to-apples quotes and hope they’re getting a fair shake,” says Amy Bach, […]
October 9, 2013
AgencyAn Overlooked Obamacare Flaw: Too Many Choices
If you’re among the millions of people who have struggled to find affordable health insurance, you might be delighted to hear the Affordable Care Act, now up and running, will offer dozens of insurance plans at reasonable prices. But, believe it or not, fewer choices might actually encourage more people to sign up. It’s an article of […]
October 2, 2013
AgencyNot Planning to Buy Health Insurance?
It may seem like a clever idea to save yourself cash by not purchasing health insurance, but with Obamacare kicking in, you’ll have penalties to pay, which could cost you big bucks in the long run. Not only are you playing financial Russian roulette – you could be forking out tens of thousands or hundreds […]
September 11, 2013
AgencyStates With The Worst Health Coverage
Last year, just under 15% of the U.S. population did not have health insurance coverage. But as the different stages of the Affordable Care Act roll out over the next few years — and more Americans become insured — this rate is likely to fall. For now though, health insurance remains out of reach for […]
August 28, 2013
AgencyNew Health-Care Law’s Success Rests on the Young
The success of the new health-care law rides in large measure on whether young, healthy people like Gabe Meiffren, a cook at a Korean-Hawaiian food cart, decide to give up a chunk of disposable income to pay for insurance. After getting a peek at rates being offered for fall, the 25-year-old man said he would […]
August 16, 2013
AgencyWhen Your Insurance & Hospital Battle
When you’re in recovery from a hospital visit — whether it’s a major surgery, a visit to the emergency room or just a routine procedure — the last thing you want to worry about is paying your medical bills. Although the doctors may have stitched you up, sometimes they don’t quite stick to procedure when […]
August 9, 2013
AgencyAbout the Affordable Care Act
Under the Affordable Care Act, if a company with 50 employees hopes to avoid the penalty in the so-called employer mandate, it is not enough to merely offer those workers health insurance. The insurance must be “affordable,” among other things, and the law is very specific about what affordable means: It means the employee’s share of the […]