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Posted by Andy Adams on September 18, 2013 - 3:57pm
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After many years of waiting to see what community rating will do to small employer groups, we are finally seeing real numbers.  Unless your current insurance premiums  are already high due to poor claims experience, the community rated rates are not pretty.  So far, 15% is typical plus another 5% added in for the fees that will be applied to all group plans in 2014.  This appears to be the starting point.

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Posted by Andy Adams on September 12, 2013 - 2:53pm
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A new FAQ released on September 11th indicates that there is no penalty for non-compliance with the exchange notice requirement on October 1st, 2013.  Yet, the requirement still stands.

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Posted by Andy Adams on September 3, 2013 - 11:22am
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Less than 30 days are left to comply with the ACA's exchange notice requirement.  Go here to get the details on this requirement that applies to ALL EMPLOYERS regardless of size or whether they have a benefit plan or not.

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Posted by Andy Adams on August 30, 2013 - 2:03pm
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OK, so that was not the title to this WSJ piece.  It was actually called "Subsidies for Older Buyers Give Insurers a Headache."  It reports what some older Americans and others with health conditions are quickly finding out, the ACA is going to give them a sweetheart deal:

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Posted by Tracy Dacus on August 28, 2013 - 4:49pm
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Prior to the Affordable Care Act (ACA) becoming law, it was common pratice for insurance companies to vary the price of premiums based on things like health status, demographics, industry and the amount of time someone has been on a plan.  While those practices are currently still in effect, they will be banned for some plans starting Jan. 1, 2014.

Beginning Jan. 1, 2014, health insurance companies offering coverage to individuals and small employers will only be allowed to vary premiums based on age, family size, geography and tobacco use.  Basing premiums on other factors will be illegal under the Fair Health Insurance Premiums provision of the ACA.  Factors that will no longer be taken into account in determining premium prices in 2014 include health status, past insurance claims, gender, occupation, and how long an individual has held a policy for groups under 50 in Texas.
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Posted by Andy Adams on August 20, 2013 - 2:40pm
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CNBC has a flair for understatement AND slothfulness.  They have just discovered a "quirk" in Obamcare that "could financially penalize workers and their families."

Webster's defines "quirk" as a "peculiar trait."  I am not sure this qualifies:

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Posted by Andy Adams on August 16, 2013 - 10:21am
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This week revealed yet another delay in Obamacare.  This one concerns out-of-pocket limit for plans set out in the law.  Under this rule out-of-pocket costs may not exceed $6350 for individuals or $12700 for a family after January 1st.  The law also provides that for individual plans and small groups under 50 (in Texas or under 100 depending on the state), the deductible is limited to $2000.

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Posted by Andy Adams on July 30, 2013 - 11:01am
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I think we can safely categorize this under the things I am worried least about the Affordable Care Act: the fact that come January 1st, congressional staff will have to purchase health insurance through the federal exchange.  Guess who is upset by this prospect?  Congressional staff.  From the New York Times:

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