After multiple reports from news agencies, indicating that employers may be fined for not making their employees aware of the insurance exchanges opening on Oct. 1, the Department of Labor recently stated that this punishment won’t be coming after all.
The Department of Labor reported job numbers for the month of August, finding that the unemployment rate dropped to a five-year low, currently standing at 7.3 percent. However, as a new poll suggests, many of those who are working are in positions they’re overqualified for.
Among health services companies, many have been slow to make patients aware of the health insurance marketplaces – including hospitals.
If consumers had the ability to turn back time, many say they would like to put in place the healthcare system that was in effect in 2009.
If it weren’t already clear that the majority of small business owners are opposed to specific rules outlining how their employee benefit offerings need to be structured, a recent survey of Utah-based entrepreneurs may serve as the convincer.
Less than two weeks away from the insurance marketplaces opening for enrollment, the majority of the American public appears to be dead-set against the Patient Protection and Affordable Care Act.
From year to year, employee benefits often go through a variety of changes that workers need to know about in order to get the most of out of their coverage options. However, according to a new survey, many are unclear about these adjustments when they go into effect and remained confused on the matter long after they’ve been implemented.
Despite the Oct. 1 insurance exchange launch date rapidly approaching, a considerable number of states aren’t sufficiently ready for the open enrollment period to begin, according to the results of a recent analysis.
While the federal government is employing so-called “navigators” to spread the word about the Patient Protection and Affordable Care Act, a substantial number of young adults claim that they aren’t aware of specific components of the health reform law – particularly the ones that relate to the insurance marketplaces.
The individual mandate of the Patient Protection and Affordable Care Act goes into effect Jan. 1, 2014, requiring all adults to have a health plan in place. However, if the government were to delay this provision similar to how they postponed the employee benefits mandate, it could save taxpayers upwards of $35 billion.
