What is Employer’s Liability Insurance?

Posted on: Thursday, October 10, 2013  Comments (0)

 Chances are, if you own a small business, you have purchased Workers’ Compensation Insurance, which is tied to another policy - something called Employer’s Liability Insurance. It is equally likely that you have a pretty clear idea of what one of these policies covers, but not the second.

Will the ACA change Emergency Medical Treatment?

Posted on: Wednesday, October 9, 2013  Comments (3)

Visits to trauma centers, ambulance calls, and all other emergency medical services are fully covered and protected by the Affordable Care Act, but that is only part of the story. What emergency services are covered in the Affordable Care Act? Read on to learn about the coverage. 

Insurance Agents and Insurance Brokers - What's the Difference?

Posted on: Thursday, October 3, 2013  Comments (0)

Admit it, you have probably interchanged the terms insurance broker and insurance agent at least once, haven’t you? For most of us, if we hear the words agent or broker, we probably tell ourselves, “What’s the difference?” However, for consumers, as well as insurance providers, the distinction is significant.

The Affordable Care Act and Clinical Trials

Posted on: Wednesday, September 25, 2013  Comments (0)

Clinical trials provide participants with the opportunity to test a drug or devide at little to no cost during the trial.  In January 2014, participants will no longer be denied, or have limitations placed, on regular benefits while conducting the trial.  Here are a few tips to ensure that you maintain health coverage while participating in a clinical trial. 

What are Narrow Provider Networks?

Posted on: Wednesday, September 18, 2013  Comments (0)

Regardless of your feelings about the Affordable Care Act, the reforms have begun, and they are steamrolling toward January 1, when full implementation and compliance takes place. As it does, and participation in state marketplaces becomes more common, evidence is growing that the most affected institutions will be hospitals. This is largely due to the fact that many providers to the marketplaces (also known as exchanges) are shifting to narrow provider networks. 

The Affordable Care Act and the Future of Medicare

Posted on: Wednesday, September 11, 2013  Comments (0)

One of the hoped for consequences of implementing the Affordable Care Act was the protection of Medicare for years to come. Currently, the Medicare trustees estimated that the life of the Medicare Trust Fund will be extended to at least 2024 - an 8 year extension over their previous estimate due to mandated reductions in waste, fraud and abuse. They concluded that, in the three years since the Affordable Care Act became law, slower growth of health care costs is reducing Medicare costs, helping to curb previously skyrocketing premiums and making Medicare stronger.

Setting up a Safe Harbor 401K for Your Employees

Posted on: Wednesday, September 4, 2013  Comments (0)

One of the best methods for retaining good employees is by offering them a tax friendly 401K plan, and the Safe Harbor plan is ideal for many small businesses. 

What are Transitional Reinsurance Programs?

Posted on: Thursday, August 29, 2013  Comments (1)

Beginning in 2014, insurance companies can no longer base rates or eligibility on medical history. Under the Affordable Care Act, each state must establish a transitional reinsurance program in an effort to help insurance companies that insure more high risk individuals offset some of their claims, and to help stabilize premiums for coverage of pre-existing conditions.

How Does the Affordable Care Act Affect Families with Dependents?

Posted on: Wednesday, August 21, 2013  Comments (0)

 Here are three basic facts about the Affordable Care Act, which every family with dependents should know.

The Affordable Care Act and Millennials

Posted on: Wednesday, August 14, 2013  Comments (0)

The under-thirty crowd has a lot at stake in terms of health insurance as the Affordable Care Act takes effect. We examine some of the issues that they face and choices they will need to make for 2014.