Download or read book The Affordable Care Act Utah Small Businesses and the Citizens of the State written by Stacey Walton and published by . This book was released on 2011 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Small businesses employ fully half of the country's private-sector workforce, but only 40% of small businesses can afford to offer health insurance. This means a large number of people in this country are uninsured. Health insurance is expensive for small business owners; they pay more for premiums than larger businesses do. The Affordable Care Act offers several benefits to small business owners to help ease the cost of providing healthcare to their employees, yet many of these business owners are apprehensive about the Act. By conducting face-to- face interviews, researching scholarly articles and popular media, and attending meetings about healthcare, I have revealed a number of different attitudes members of the small business community have toward the Affordable Care Act. For the most part, my research reveals that small business owners embrace the idea of reform and want to offer health insurance to their employees. The escalating cost of health insurance is the largest barrier to small business's ability to offer healthcare benefits. Practices such as insurance pooling, wellness interventions, and limiting insurance company profits are three ways in which we, as a people, can bring down healthcare and health insurance costs."--author's abstract.
Download or read book The Affordable Care ACT and Small Business written by Congressional Research Congressional Research Service and published by CreateSpace. This book was released on 2015-01-15 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Patient Protection and Affordable Care Act (ACA; P.L. 111-148 and P.L. 111-152) contains several provisions to encourage employer-sponsored health coverage, particularly among small businesses. The provisions that most directly relate to small businesses are (1) an employer penalty for not providing health insurance, (2) a tax credit to increase the affordability of health care for the smallest firms, and (3) small business health insurance exchanges designed to increase plan options and lower plan costs. Several events have altered the ACA's implementation since its enactment in 2010. Most notably, the Obama Administration delayed the implementation of the employer penalty and part of the small business health exchanges from 2014 to 2015 to allow more time for developing these provisions and allowing firms to come into compliance. Subsequently, the Administration suspended the penalty for employers with fewer than 100 full-time equivalent (FTE) employees for an additional year (until 2016). These delays have added to uncertainty over the potential effects of the ACA on small businesses. First, this report explains how employer-sponsored insurance can be used to address concerns about health insurance coverage and cost. Second, it summarizes the three ACA provisions most relevant to small businesses, listed above. Next, it analyzes these provisions for their potential effects on small businesses. Finally, this report presents several approaches that could address some concerns associated with these provisions (particularly the employer penalty). According to analysis of the most recent employer size and insurance coverage data, the ACA's employer penalty is structured so that it could exempt approximately 96.2% of employer firms simply because these firms would be too small and thus fall below the employer penalty threshold of 50 FTE employees. These exempt firms account for approximately 27.6% of all workers. After accounting for firms that already provide insurance, less than 1% of employer firms could be subject to the employer penalty. Although 72.4% of all employees work for firms that are large enough to be potentially subject to the penalty, only about 2.4% of employees work in firms that do not already offer health insurance. Less than 4% of small businesses that could have been eligible for the small business health care tax credit in 2010 actually claimed it. According to a report by the Government Accountability Office (GAO), many business owners felt that (1) the credit was too small of an incentive to begin offering insurance; (2) even if these small employers offered health insurance, some employees declined coverage because they could not afford their share of the premium; and (3) the rules were too complex. President Obama has proposed simplifying and expanding the credit.
Download or read book Small Business and the Affordable Care Act written by Shane R. Lincoln and published by Nova Science Publishers. This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Patient Protection and Affordable Care Act contains several provisions to encourage employer-sponsored health coverage, particularly among small businesses. The provisions that most directly relate to small businesses are, an employer penalty for not providing health insurance; a tax credit to increase the affordability of health care for the smallest firms; and small business health insurance exchanges designed to increase plan options and lower plan costs. First, this book explains how employer-sponsored insurance can be used to address concerns about health insurance coverage and cost. It summarises the three ACA provisions most relevant to small businesses, listed above, and analyses these provisions for their potential effects on small businesses. The book then presents several approaches that could address some concerns associated with these provisions (particularly the employer penalty).
Download or read book Small Business and the Affordable Care Act written by Shane R. Lincoln and published by . This book was released on 2014-05-21 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Patient Protection and Affordable Care Act contains several provisions to encourage employer-sponsored health coverage, particularly among small businesses. The provisions that most directly relate to small businesses are, an employer penalty for not providing health insurance; a tax credit to increase the affordability of health care for the smallest firms; and small business health insurance exchanges designed to increase plan options and lower plan costs. First, this book explains how employer-sponsored insurance can be used to address concerns about health insurance coverage and cost. It summarizes the three ACA provisions most relevant to small businesses, listed above, and analyzes these provisions for their potential effects on small businesses. The book then presents several approaches that could address some concerns associated with these provisions (particularly the employer penalty).
Download or read book Affordable Care Act For Dummies written by Lisa Yagoda and published by John Wiley & Sons. This book was released on 2014-05-20 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: An essential and easy-to-understand guide to the Affordable Care Act The Affordable Care Act For Dummies is your survival guide to understanding the changes in our health care system and how they benefit you. Written in down-to-earth language, this handy resource outlines new protections under the Affordable Care Act, and walks you through what you—as an individual or an employer—need to do to select the best health insurance plan for your needs. With this book, you get answers to your top questions about how the law applies to you. The folks that bring you the For Dummies line of useful, educational books have teamed up with AARP to give you a hands-on guide that offers insight into how to make the right decisions about health care and improve your quality of life. It is filled with examples, ideas, and information as well as useful takeaways to help you take full advantage of the reforms. Uncover the 10 essential benefits of the Affordable Health Care Act Receive guidance on what will improve if you already have insurance coverage If you don't have coverage, determine which insurance program is right for you and your family and whether you're eligible for financial assistance Find out what changes businesses large and small can anticipate Learn how to avoid scammers who are taking advantage of consumers' confusion Use this complete guide to get the facts about the Affordable Care Act, clear up any misconceptions you may have about the law, and prepare for the health care choices ahead.
Download or read book Good Business Sense written by and published by . This book was released on 2012 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: Across America, small businesses are the cornerstone of state and local economies. They employ millions of workers; create more than half of our private, non-farm gross domestic product; drive innovation; and contribute to our communities in large cities, suburban settings, and rural towns. Despite these strengths, small businesses often operate with thin profit margins and, partly as a result, are less likely than big business to be able to offer health coverage to their workers. To address this problem, Congress included in the Affordable Care Act a significant new tax credit for small business owners who provide their workers with health insurance. Under this new tax credit, businesses that have fewer than 25 full-time workers and average wages of less than $50,000 are now eligible to receive a tax credit of up to 35 percent of the cost of the health insurance that they provide for their workers. To qualify for the tax credit, small businesses must cover at least 50 percent of each employee's health insurance premiums. In 2014, the size of the credit will increase to cover up to 50 percent of the cost of health insurance provided to workers. To help these businesses and their workers prosper, the business community, the government, and the public will have to reach out together and make sure that the small business community learns about the new health care tax credit. As this analysis shows, millions of small business workers across America stand to benefit from the new small business health care tax credits in the Affordable Care Act.
Download or read book Patient Protection and Affordable Care ACT written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-01-11 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Patient Protection and Affordable Care Act: Status of Federal and State Efforts to Establish Health Insurance Exchanges for Small Businesses
Download or read book Affordable Care Act written by S. J. Olsen and published by CreateSpace. This book was released on 2014-01-01 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Learn what small businesses need to know and what to tell their employees about the Health Insurance Marketplace"--P. [4] of cover.
Download or read book State Politics and the Affordable Care Act written by John C. Morris and published by Routledge. This book was released on 2019-06-21 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: After a great deal of discussion and debate across all levels of government, President Obama signed the Affordable Care Act (ACA) into law in March 2010. Since President Trump's election into office, the ACA has stayed in the headlines. Trump has continued to call for the replacement and repeal of the ACA, and several efforts have spawned in both the House and the Senate to accomplish this goal. Unlike welfare reform, which was generally embraced by all states, the ACA has proven very divisive in some states, with some states actively seeking to block implementation. Alternative solutions continue to prove elusive. To better understand the major factors driving decision-making process and state-level dynamics influencing state support or opposition of the ACA, this book examines the initial implementation through established support and opposition factors across four states: Alabama, Michigan, California, and New Hampshire. The choices made by states are a direct consequence of long-term forces, and the choices made at the national level. State Politics and the Affordable Care Act will be of interest to scholars researching in public administration, policy formulation and implementation, and policy analysis.
Download or read book The Un Affordable Care ACT written by Lb Sedlacek and published by Lulu.com. This book was released on 2017-01-24 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: I am an insurance agent (that's my day job) and an owner of a small business that sells insurance. I have been working in the insurance industry since the late 90's. I have over twenty years of experience in this industry and I've also had hours upon hours of required training. I deal with a wide range of customers from small businesses to seniors to couples to families to young college graduates. My clientele ranges from all ages. I write child, family, senior, and small business policies. Socioeconomic backgrounds range from those living paycheck to paycheck to the very wealthy. For such a small area, I'm fortunate to have a diverse set of customers. This is my take on what has happened with the Affordable Care Act ... so far ... in my state, North Carolina.
Download or read book The Affordable Care Act s Small Business Tax Credit written by Tiffany Nicole Kennedy and published by . This book was released on 2010 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Affordable Care Act and Small Business written by Sean Lowry and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report explains how employer-sponsored insurance can be used to address concerns about health insurance coverage and cost. Then, it summarizes the three ACA provisions most relevant to small businesses. Also, it analyzes these provisions for their potential effects on small businesses. Last, this report presents several approaches that could address some concerns associated with these provisions (particularly the employer penalty).
Download or read book The Affordable Care Act written by Purva H. Rawal and published by Bloomsbury Publishing USA. This book was released on 2016-01-18 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first reference book to provide a detailed assessment of the Affordable Care Act, explaining the realities and myths surrounding one of the most divisive political struggles in recent U.S. history. The Affordable Care Act—also known as Obamacare—is one of the most controversial and politicized topics in the United States today. This timely book examines prominent claims about the legislation's drafting, debate, passage, and implementation, and discerns what is true and false about the law. Each of the text's eight chapters delves into the common beliefs, misinterpretations, and myths surrounding the act, tracing the history of the assertion and supporting or challenging its veracity through nonpartisan research and analyses. Chapters begin with an objective look at the claim's origins—with a brief focus on the person or group that conceived it and why—then set about clarifying or debunking it using evidence from research studies and reports from authoritative sources. Entries feature primary documents, a further reading section, and tables and graphs. Topics include the impact on health care costs for families, states, and the federal government; the effect of the Affordable Care Act on employer-sponsored insurance; and the role of health status on coverage under the Affordable Care Act.
Download or read book Self insurance and Health Benefits written by United States. Congress. House. Committee on Small Business. Subcommittee on Health and Technology and published by . This book was released on 2014 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Affordable Care ACT Versus Small Business Entrepreneurs Surviving ACA written by Dr Ivan J. Salaberrios and published by Pensiero Press. This book was released on 2019-01-17 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Affordable Care Act (ACA) is arguably one of the most beneficial legacies of former U.S. President Barrack Obama. However, the Act presented hardships within the healthcare setting, as well as within the business setting. This text responds to the questions raised concerning whether ACA's good intent increased its adaptability in the healthcare and business professions to help advance the lives of Americans. As demonstrated herein, the ACA impacts both large and small businesses in their detached and work-related levels. The pertinent question is whether the increasing push by the Trump administration to have ACA repealed and replaced emanates from the interpretation and understanding by business. Worth noting is that the sources researched during the writing of this book suggest proprietors prefer the traditional method of healthcare coverage. However, different members of the U.S. Congress oppose and support the Act. The support and opposition to ACA seem to be along party lines, considering that majority Republicans oppose the Act while most Democrats support the Act. Changes are underway to repeal and replace ACA. Researchers indicated the Act affects small for-profit and non-profit organizations alike. This writing reveals how ACA massively impacts healthcare financial management. For instance, meeting the expanding consumer healthcare demand necessitates an increased rate of emerging ideas for universal healthcare. On this basis, this book includes recommendations of various strategies to help improve ACA rather than repealing the Act.
Download or read book The Affordable Care Act A Critical Review of Obama Care written by Murali Mg and published by GRIN Verlag. This book was released on 2015-11-27 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2015 in the subject Health - Public Health, grade: 80, University of South Florida (Post Graduate School), course: Health Care and Public Administration, language: English, abstract: The Patient Protection and Affordable Care Act which is also referred as The Affordable Care Act was duly signed by the President of United States of America, Barack Obama on 23rd March 2010. The act allows and ensures all the legal Americans to gain access to quality and affordable health care and will also create transformation within the health care system necessary to contain costs (DPC Senate, 2010). As stated by HSS, the affordable care act would likely to put the customers’ in charge of their own health which in turn provides a great degree of flexibility and stability and they can be wise informed decisions about their health concerns. The ACA act also prohibits of any denial of coverage and claims based on pre-existing conditions as well as insurance taxes and penalties for insurance carriers, businesses, and individuals (Jones, 2014).
Download or read book Obamacare Simplified written by Zephyros Press and published by Sourcebooks, Inc.. This book was released on 2013-11-14 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: ObamaCare is a complex law that will affect every single American. Everyone has an opinion about ObamaCare, but few people actually understand how the Affordable Care Act works. ObamaCare Simplified navigates you through the intricacies of the health care law and explains what it means for you. Whether you are satisfied with your present insurance or seeking to get insured, ObamaCare Simplified informs you of your rights, presents the facts, and will help you make well-informed decisions when it comes to your health care plan. ObamaCare Simplified provides an easy-to-follow guide to the Affordable Care Act and what you need to know, offering: An overview of the goals and structure of ObamaCare, and how it changes the current health care system A "how it works" section that explains the individual mandate, insurance exchanges, and ObamaCare funding An ObamaCare timeline that provides a year-by-year breakdown of the law's implementation and what you need to know Spotlights on "what ObamaCare means for you," which explore the different impact of the law on various groups, including: senior citizens, immigrants, small-business employers, employees, uninsured individuals, and more Information on how ObamaCare affects individuals, depending on age, income, and employment status Taking care of your health should be your most vital priority. ObamaCare Simplified is your complete guide to understanding how ObamaCare works and what it means for your health care.
