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Health Care Reform
Healthcare will affect just about every employer in the United States

Fortune Business Solutions maintains itself as being on the leading edge with the latest in Healthcare Reform news. Please find the most recent information below and call us today with any questions you have as to how Healthcare Reform will affect your business.

Employers must offer health insurance or be subject to penalties.
March 10, 2015

Employers must offer health insurance that is affordable and provides minimum value to their full-time employees and their children up to age 26 or be subject to penalties.

This is known as the employer mandate. It applies to employers with 50 or more full-time employees, or full-time equivalents, and will be phased in during 2015 and 2016 based on employer size. Employees who work 30 or more hours per week are considered full-time.

Read More »


ObamaCare’s Kickoff on Oct. 1:
‘Much Ado About Nothing?’

By: Kate Rogers | Fox Business | September 30, 2013

No matter what happens Tuesday when the Affordable Care Act’s health insurance exchanges go live, experts say it will be too early to call the marketplaces a failure or success.

“October 1 is much ado about nothing,” says Larry Kocot, visiting fellow at the Brookings Institution. “Some may not want to write a check [in October] so they may wait. The real crunch time happens toward the end of the enrollment period, prior to benefits starting.”

Tuesday kicks off open enrollment season on the health-insurance marketplaces which runs through March 31, 2014. Uninsured Americans, along with those looking for different coverage options, can start shopping on the state and federally-run exchanges for a policy, but any purchased plans won’t kick in until Jan. 1 - a major reason why enrollment numbers likely won’t be impressive early on in the launch, says Kocot.

He says December will likely be the month to watch regarding health-care enrollment. Under the ACA, every individual in the U.S. has to have insurance by March 31, 2014, or face a penalty of $95 a year, or 1% of their annual income - whichever is higher.

Read More »


Additional Articles:

The Department of Labor release, click here »

How Businesses React to Health Care Act Delay, click here »

For more articles visit our Blog now, click here »
 
Key part of Affordable Care Act will make health coverage more widely available

UNINSURED AMERICANS:
The Affordable Care Act is intended in part to make health insurance more accessible to people who are currently uninsured.

Most people who have coverage through their jobs will likely keep their current policies, although some may be eligible for policies offered through the exchanges.

About 7 million people are expected to use the exchanges to shop for new policies, with coverage beginning in 2014, according to the Congressional Budget Office.

To see the percentage of population by state without health insurance, 2011, Click here.


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