Navigation Links
America’s Health Insurance Announces Plans to Have Small Businesses Drop Their Group Insurance
Date:7/31/2013

Fort Wayne, IN (PRWEB) July 31, 2013

According to a news article written this week by Kaiser Health News, WellPoint foresees small group employers dropping group coverage. At the same time, they foresee an increase in the individual market. WellPoint CEO Joseph Swedish stated, “Our current expectation is that fully insured, employer-based coverage will likely see membership declines in ’14, with growth skewed to individual coverage offered through the exchanges.”

There are few reasons why WellPoint foresees this happening. “…small employers have hesitated to buy coverage for next year because of uncertainties surrounding the online exchanges offering individual and small-group plans,” the company said. Also, according to the article, “some smaller companies are shifting to self-insurance for health benefits to avoid taxes and benefit requirements associated with the Affordable Care Act.”

According to an article written by Zane Benefits (Employer Health Insurance vs. Individual Plans - Which is Better?), there is an alternative to group insurance that is appealing for small group employers and employees. “The emergence of HRAs and defined contribution health plans allow employers to reimburse employees for individual health insurance premiums, as an alternative to the traditional employer health insurance,” writes Christina Merhar from Zane Benefits.

America’s Health Insurance shares the same opinion as WellPoint and Zane Benefits- it will be advantageous for small group employers to drop group coverage and enroll their employees into the individual health insurance market with a defined contribution. This will allow the employer to avoid the new taxes and benefit requirements of small group insurance coverage mentioned in the Kaiser article. The section 105 (HRA) and the section 125 (HSA) of the Internal Revenue Code allow for these contributions and allow eligible employees to take advantage of the subsidies offered in the individual exchange.

America’s Health Insurance has the carriers, the products, the paperwork in streamlined form, and the enrollment procedures down to an easily manageable package guaranteed to make both small employers and their employees ecstatic about the decision to enroll into the individual market. Contact America’s Health Insurance at 1-888-589-3000 for any questions.

Read the full story at http://www.prweb.com/releases/2013/7/prweb10986427.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Viewpoints TV Offers a New Segment on America’s Best Family Activities
2. Lumosity Data Ranks America’s Smartest Cities
3. Certain Health Insurance Plans Will Not Cancel at the End of this Year Announces America’s Health Insurance
4. US News Ranks Cohen Children’s Medical Center of NY Among America’s Best Children’s Hospitals for Seventh Consecutive Year
5. America’s Local Poison Centers Urge Urban Outfitters to Stop Selling Products Designed to Resemble Prescription Medicine Bottles
6. America’s Sole Proprietors are Independent, Confident and Often Uninsured
7. Jolie Ravioli, America’s Original and Number #1 Selling Children’s Ravioli Now Ready for Distributors, Brokers and Retailers
8. ReNew Life, America’s #1 Probiotic Brand, Introduces a High-Potency Probiotic Uniquely Formulated for Women
9. hCGTreatments / Diet Doc hCG Diets & Weight Loss Plans Targets America’s Teen Obesity Epidemic With Recently Improved hCG Diet Plans
10. DSM-5 and Personality Disorders: The Asheville Jung Center Explores More of America’s Trending Disorders
11. DSM-V and Substance Abuse: The Asheville Jung Center explores more of America’s trending disorders.
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/26/2016)... ... May 26, 2016 , ... Intalere, the healthcare industry ... for its inaugural Member Conference at the Paris Hotel in Las Vegas, Nev., ... health of America’s healthcare providers. , The conference was highlighted by the announcement ...
(Date:5/26/2016)... ... May 26, 2016 , ... ... has a significant negative impact on long-term patient survival, reports a team of ... published online this week in the Journal of Thoracic and Cardiovascular Surgery, provide ...
(Date:5/26/2016)... ... , ... An April Gallup survey found rising health care costs to be ... Health Senior Living (SHSL) may not share those same worries thanks to a ... the year, while holding the line on increasing their contributions, including premiums, deductibles and ...
(Date:5/26/2016)... Fla. (PRWEB) , ... May 26, 2016 , ... The ... (AHEC) to host a six-week smoking cessation class starting June 6 at their clinic ... website, http://www.gnahec.org . , Additionally, the Lung Institute has created a free downloadable ...
(Date:5/26/2016)... Scotch Plains, NJ (PRWEB) , ... May 26, ... ... year being recognized as an NJ Top Doc! Along with his wonderful accolades ... to excellence in podiatry. Congratulations, Dr. Batelli! , Dr. Eugene Batelli is ...
Breaking Medicine News(10 mins):
(Date:5/24/2016)... 24, 2016 Dutch surgeons have launched a ... the world and treat patients on a global scale. Medical professionals ... Asia and the US have already signed ... and networking in a totally secure environment. Education  ... zone working together with a surgeon at Harvard to treat a ...
(Date:5/23/2016)... 2016 According to a ... by Product (Wheelchair, Scooters, Medical Beds, Bathroom Safety, ... Care, Wound), Accessories (Lifting, Transfer) & by End ... by MarketsandMarkets, the patient handling equipment market is ... at a CAGR of 10.5% during the forecast ...
(Date:5/23/2016)... May 23, 2016 Diplomat Pharmacy, Inc. (NYSE: DPLO) ... and Internship programs. The hands-on learning experience is a ... full-time, paid Fellowship and Internship ... . Fellows and interns are provided optional housing free ... at the Riverfront Residence Hall to foster ...
Breaking Medicine Technology: