Guaranty Association Benefits Company

One of the key elements of the Affordable Care Act, or Obamacare, was idea that insurance should be affordable for everyone. For those who have difficulty paying for health insurance, the law provides subsidies to reduce monthly premiums, deductibles, co-payments and other expenses out-of-pocket. However, studies have shown that nearly two million people who are likely eligible for grants could be missing out. Here are some common reasons, they may not receive the aid.

Regarding human resource management successfully, the only true constant people can count on change. effective HR managers must have the inherent flexibility and willingness to adapt to the challenges that arise.

Although the Affordable Care Act (ObamaCare) brought a needed reform to market for individual health insurance, and made more accessible to persons without coverage other options it has in many cases increased the cost of major medical insurance policies for many. But these costs have yet caught up with the exorbitant cost of group health insurance? Let's see ...

Open enrollment season of transition brands and improvement for many people and organizations - and small businesses are no exception. Now that open registration just ended, a way to create a better employee recruitment and retention while remaining profitable is to pass health insurance contribution strategies.

An employee contribution strategy is how a company chooses to pay, or reimburse, the coverage of their employees' health care. Open enrollment is the time where employees are not already covered by a health insurance policy purchase their individual insurance. If your company does not offer group health insurance policy, most of your employees will have just finished selecting their own health insurance policies for the year. This is why the post-open enrollment is a critical time for small businesses to deploy a new strategy of contribution.

Do you currently have health insurance? If you do not, beware, because sanctions to be uninsured are rising. As part of the Affordable Care Act (ACA), most Americans are required to have health insurance or pay a tax penalty if they do not. The sanctions were introduced in 2014 and have increased each year with 2016 being the last year of the phase-in period.

A recent study Kaiser Family Foundation (KFF), the average penalty individual mandate will increase by 47 percent in 2016 to the uninsured eligible for ACA plans. This article covers the who, what and why of the individual mandate penalty in 2016, and what to do if you do not currently have health insurance.

For many employers and brokers, the affordable care Act may feel like a moving target. However, for smaller groups of fewer than 50 employees who are not mandated to provide health insurance, health insurance options for small groups are clearer

In 2016, small groups have five options main for health insurance :.