Archive for the News Category

Aetna To Acquire Humana For $37 Billion

Aetna and Humana Inc. announced on July 3 that they have entered into a definitive agreement under which Aetna will acquire all outstanding shares of Humana for a combination of cash and stock valued at $37 billion or approximately $230 per Humana share based on the closing price of Aetna common shares on July 2, 2015.

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Health Secretary: Administration Has No Backup Plan If Court Strikes Down ACA Subsidies

The Associated Press reports that HHS Secretary Sylvia M. Burwell told Congress Tuesday that the Administration has no contingency plans in case the Supreme Court strikes down the Affordable Care Act’s subsidies for states using the Federal exchange. In a letter to Senate Finance Committee Chairman Orrin […]

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House passes bill easing employer mandate

The House of Representatives brushed aside President Barack Obama’s veto threat and passed a bill that would revise his 2010 health care law to ease the requirement that employers provide insurance to their workers. The measure, passed 252-172, would require employers to provide coverage to workers who […]

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Negative PPACA opinion hits all-time high

Negative public opinion of the Patient Protection and Affordable Care Act has abruptly hit an all-time high, ending months of continued support and gradual increases in positive opinion of the law. The latest Kaiser Family Foundation tracking poll, out Friday, found that 53 percent now have an […]

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PPACA enrollment deadline extended

The U.S. Department of Health and Human Services will give consumers more time to complete commercial coverage applications in the states where it runs the public exchange programs. News was leaked to the Washington Post on Tuesday, and officials confirmed the leaks for New York Times reporters. […]

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Obamacare by Morning – Carrie Underwood & Brad Paisley

Brad Paisley and Carrie Underwood poke fun at the non-functioning Obamacare website Wednesday 11.6.13 at the Country Music Awards.

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Decision time looms – Benefits advisers may have better luck predicting winning lottery numbers than guessing how the Supreme Court will rule on the constitutionality of the individual mandate in health care reform.

Two years after President Barack Obama signed the Patient Protection and Affordable Care Act into law, the U.S. Supreme Court this month will hear oral arguments on the constitutionality of the individual mandate that requires all individuals who can afford it to buy health insurance. The Court […]

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2011 Cats Drive Underwriting Losses; 2012 Begins With Rate Increases

Catastrophe losses in 2011 led to the U.S. P&C industry’s largest underwriting loss since 2002, according to A.M. Best. And while the latest Market Scout barometer shows that 2012 began with another month of commercial-lines rate increases, Best maintains that a true hard market is likely “at […]

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Patient Protection & Affordable Care Act goes into Effect in 2014, What are Employers Saying About Employer Sponsored Health Insurance?

Everyone knows that the health legislation signed into law a couple years ago is still being debated by republican and democratic politicians and pundits. But what you might not know is that much of the legislation goes into effect in 2014. This article takes a look at […]

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IRS clarifies guidelines for W-2 reporting of health coverage costs

This is good timely news for everyone. Take a minute to familiarize  yourself with these new guidelines. With all of the changes coming down in the last year you will have a head start! The Patient Protection and Affordable Care Act requires employers to report the aggregate cost of […]

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Thank you

Dear Friends: It is your time, thoughts, prayers and generosity that allow us serve children who need our help.  Thank you for your donation of juice boxes for our Fall Fun Fundraiser benefiting our children.  We had a total of 150 preschoolers enjoy the activities! We have […]

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