Home | In The News | Page 4

On The Cutting Edge of Finance

December 21, 2022 / By / All Posts, In The News, Small Business

What do you do as a small business trying to make your way in an already established industry? You become innovative and one company out of New York City called Betterment has done that. They are helping people build customized portfolios for people that cannot afford the high priced financial advisers. At this time only 14% of employers with fewer than 100 employees offer a 401k plan, according to the Government Accountability Office. John Stein is the founder and chief of Betterment and believes that retirement should be a fundamental right. Unfortunately very few small businesses offer a retirement plan. One reason is …

On The Cutting Edge of Finance Read More »

Another Co-Op Closes

December 21, 2022 / By / All Posts, Health Insurance, In The News

This past Wednesday news was buzzing with yet another co-op closing its doors. Nevada Health co-op will be the third cooperative health insurance company that was created by the Affordable Care Act (ACA) to close their doors. The reports are that they can’t keep up with challenging market conditions and cost. When you go to Healthcare.gov and look into plans offered in Las Vegas, one of the largest cities in Nevada there are only three carriers that come up. You’re putting a brand new company up against Blue Cross Blue Shield and Health Plan of Nevada who is operated by United Healthcare. …

Another Co-Op Closes Read More »

Stock Market Crash

December 21, 2022 / By / All Posts, In The News

Completely unrelated to healthcare I wanted to post on something that I follow very closely. Yesterday the U.S. stock market crashed and when we see significant declines we often see panic selling out of fear immediately following. Does everybody remember the crash back in the 80’s? I sure do and I’m not looking forward to seeing a repeat to what it did to our economy. I’ve been consistently surrounded with financial news from the time I was a little girl as I watched my Dad trade. I used to sit behind his computer and watch the green tick marks on the …

Stock Market Crash Read More »

File Your Tax Forms Correctly

December 21, 2022 / By / All Posts, Health Insurance, In The News

Did you file your tax forms correctly this year or were you part of the 1.8 million households that might not receive a tax subsidy for health insurance next year because you didn’t? Each year there are different tax laws and stipulations that make a tax accountants job difficult to say the least. This year tax accountants found themselves faced with having to help millions of Americans submit their forms to verify they had health insurance so they did not incur a penalty. The problem is if the filings were not correct or if their were no filings and the …

File Your Tax Forms Correctly Read More »

Small-Businesses March on Capitol Hill

December 21, 2022 / By / All Posts, Health Insurance, In The News, Small Business

At the end of July, “about 150 small-business owners, organized by the National Federation of Independent Business (NFIB), will head to Capitol Hill to make the case to members from their states on legislation…,” says a recent article by The Hill. The issue being brought forth is a ruling from 2013 by the IRS that imposes steep penalties on employers who offer tax-free reimbursement to their employees to help them purchase individual health insurance plans.  What small-business owners are confused over is the need for a penalty when all they are doing is trying to help their employees to afford …

Small-Businesses March on Capitol Hill Read More »

Another Health Cooperative Bites the Dust

December 21, 2022 / By / All Posts, Health Insurance, In The News

When the ACA passed in 2010 it included the creation of state based co-op’s. With very few choices in the marketplace 23 states created their own co-op giving a reprieve to consumers hoping to pay lower costs. Each of the co-op’s are start-up companies and are having to hedge their way in a market with several large carriers that have decades of market presence. Many of the co-ops have come in with lower costs to gain high enrollment for the first few years of opening the doors. A strategy that has worked against several co-op’s like Louisiana’s Health Cooperative (LAHC) which …

Another Health Cooperative Bites the Dust Read More »

Scroll to Top