 Health Insurance Carrier Discount: 20% Rate Savings on Small Business Groups with 6+ Employees!
For new groups with effective dates of October 1, 2012, through December 15, 2012, have at least 6 employees,are in California. Our top carrier is offering a limited time discount of 20% off for new group health insurance plans. Some restrictions apply. Contact us for more info....
Call us at (800) 846-5902
Many Small Business Owners are not taking advantage of Health Care Reform Tax Credits!! IF you know someone with 25 or fewer employees, share with them. Here's how...
According to a recent poll conducted by the Kaiser Family Foundation, the foundation asked people to reveal their most liked and disliked PPACA provisions.
The runaway winner for most favored? The requirement that health plans provide consumers with a short, easy to understand description of benefits and coverage — favored by some 60% of people polled. It was the only provision in the entire law to be rated favorably by more than half of respondents.
The rest of the top 10 most liked provisions are:
2. Guaranteed issue. (47%)
3. Gradually close Medicare “donut hole.” (46%)
4. Tax credits to small businesses. (45%)
5. Subsidy assistance to individuals. (44%)
6. Health plan decision appeals. (37%)
7. Employer mandate/penalty for large employers. (35%)
8. Medicaid expansion. (34%)
9. Medical loss ratio. (34%)
10. No cost-sharing for preventive services. (33%)
Source: Employee Benefits AdviserQuestions on Your Benefits Plan? Contact us for a free evaluation : (800) 846-5902_
Big Money Savings Tip for Business Owners with Jan 1 Health Plan Renewals
It is that time of year again. Open Enrollment, ughh.
A large part of a businesses budget goes toward their Medical Insurance plan. Yet, many companies do not review the plan each year. It is complicated, employees want different things, employees get confused, and it is hard to explain the plan the changes.
Why do we change plans? Not because it's fun or to lower cost. It is because health care and insurance costs go up every year. A business must change plans just to keep the cost stable for the company and the employees.
Health insurance companies DO NOT REWARD LOYALTY! Carriers will increase costs on existing plans, meanwhile new plans are available that are not offered to current clients. That is why it is important to review options from other carriers with your broker every year. In most cases, a similar plan is available at a lower monthly premium.
BIG MONEY SAVING TIP:
We are expecting a premium increase in January. If your health plan is renewing in January or February, have a broker shop for plan options BEFORE November 15; you may be able to get the new plan started on Dec 1, and avoid that premium increase for the next 11 months. This could save THOUSANDS of dollars.
In most cases, a company can offer both HMO and PPO plans, contribute a fixed cost, and allow employees to decide whether they want to upgrade at their own cost.
At GVIS Insurance and Benefits, we help simplify the process through an easy benefits interview, plan options from top carriers with added benefits, explanation to employees and on-site enrollment.
We bring large corporate benefits to small business™
CONTACT US: (800) 846-5902Email: george@gvis.biz
Notes from TED Talks on Longevity by Dan Buettner
1. Move Naturally: not forced exercise. Walks, stairs, yard work, gardening, fun activities
2. Right Purpose:
a. Downshift – Sabbath Downtime – On a regular basis
b. Purpose Now – Sense of Purpose in Life
3. Eat Wisely
a. Wine at 5
b. Plant Based Foods
c. 80% Rule – When you are 80% Full, stop eating
4. Connect
a. Loved Ones First
b. Belonging
c. Right Tribe – Surround themselves with the right people. Hang out with Healthy People.
Watch the Video Below!
It Is Open Enrollment time again. Is your Health plan rate increasing? Want more benefits (health, vision, dental, chiro, massage, discounts)? Looking for good medical coverage options with a lower cost?
We are helping local businesses with 45 employees or less, starting in November with Free Health Plan review, tax credit information and additional employee benefits, at no-cost to the company. Contact me to schedule a free appointment. Appointments available every Wednesday starting in November.
Our clients include:
Any Family owned business
Business with up to 45 employees
Finance/HR Managers or Consultants – Cost Reduction Strategies available.
SCHWARZENEGGER SIGNS EXCHANGE AND OTHER MAJOR HEALTHCARE BILLS
Associated Press -
Sept. 30: Sacramento, Calif. - Gov. Arnold Schwarzenegger on Thursday signed seven major health care-reform bills, including legislation establishing a Web-based insurance exchange that will allow consumers to comparison-shop for coverage.
The governor's action makes California the first state to implement an oversight board for insurance exchange marketplaces since the new federal health care law was enacted earlier this year. Massachusetts implemented its exchange prior to reform.
"For national reform to succeed, it will be up to the states to make it work, and California is moving forward on reforms that will provide affordable and quality health care insurance," Schwarzenegger said in a statement.
The two companion bills, SB900 and AB1602, will promote competition in the health insurance marketplace that will make plans more affordable, particularly for individuals and small businesses, said Assembly Speaker John Perez, D-Los Angeles, the author of AB1602.
Additional bills signed Thursday prohibit insurers from denying coverage to children because of a pre-existing condition and allow young adults to stay on their parents' health care plans until age 26. The legislation aims to bring the nation's most populous state in line with federal reforms scheduled to take effect in 2014.
"This will really give us a leg up and put us in a leadership role in the nation," said Betsy Imholz, health advocate for Consumers Union, a major supporter of the reform package. "It's a big job for California to set this up and do it right, and now we can take the time to set up a really model exchange that other states can look to."
When fully enacted, federal law will require most Americans to carry insurance. More than 46 million Americans are currently uninsured, including more than 6.7 million Californians, according to the Henry J. Kaiser Family Foundation.
California's exchange will be overseen by a five-member board. Schwarzenegger would appoint two members before his term ends and the Legislature would appoint the rest.
Republican lawmakers have argued that the federal government should take full responsibility for creating the exchange and that a state-run program could turn into an unaccountable bureaucracy.
Critics also have raised concerns that the exchange will further deplete the state's general fund when California is already grappling with a $19 billion deficit.
The California Chamber of Commerce issued an analysis earlier this month concluding that the cost could exceed $1 billion annually. But a report by the state's nonpartisan Legislative Analyst's Office found that the exchange would be federally funded until 2016.
After that, the cost would fall to health insurers and potentially to their enrollees through premiums, the report said.
Have 5 to 40 employees at your business? Find our how your health plan will work with the new healthcare tax credits.
CAHP News Feed -
Aug. 23: In a new report, Families USA and the Small Business Majority determined that under federal health care reform, 80 percent (i.e., 456,500) of California’s 571,200 small businesses (companies with less than 25 employees) will be eligible to receive tax credits to help businesses insure their employees.
Furthermore, approximately 135,900 California small businesses will be eligible to receive the maximum tax credit in 2010—these are the employers who have 10 or fewer employees earning an average of $25,000 or less.
The report calls out the tax credits, Health Insurance Exchange, internet web portal for Health Insurance Information, and other products of health care reform as beneficial to small businesses in California.
Worksheet and more information in the pdf file below.
 | 0_small_business_benefits_of_health_reform.pdf | | File Size: | 223 kb | | File Type: | pdf |
Download File
|
RSS Feed