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 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 The Effects of the Affordable Care Act on Small Business written by Devon M. Herrick and published by . This book was released on 2014 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Four years after President Barack Obama signed the Affordable Care Act (ACA) into law, there is plenty of evidence that the ACA is raising the cost of health insurance to employers and individuals. The effects on business vary -- by state, firm size and the composition of firms' workforces -- but the impact on small businesses is especially acute.

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 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 Health Care Law written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2014 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 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 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 Effects of Health Reform on Small Businesses and Their Workers written by Stacey McMorrow and published by . This book was released on 2011 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some critics have raised concerns about the effects of the Patient Protection and Affordable Care Act (ACA) on the health insurance landscape for small firms. Here, we consolidate the results of several Urban Institute studies that address the likely effects of the ACA on small firms. We also present estimates of the impact of the ACA on employer costs, offers and coverage from the Urban Institute's Health Insurance Policy Simulation Model (HIPSM). Historically, small businesses have faced multiple barriers to offering affordable health insurance coverage to their employees. High administrative costs and a limited ability to spread risk contribute to high premiums for small firms. The low wages of many small-firm workers and the costs associated with shopping for a health plan present further challenges for small firms wishing to offer coverage. As a result, small firms have lower offer rates than large firms, their employees are more likely to be uninsured and small firms are at a disadvantage in competing with larger firms for employees.

Download or read book The Effects of the Affordable Care Act on Small Firms and the Perspectives of Small Business Owners written by Nicholas Riggs and published by . This book was released on 2012 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Affordable Care Act and Health Insurance Markets written by Christine Eibner and published by Rand Corporation. This book was released on 2013-08-29 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this report, the authors estimate the effects of the Affordable Care Act on health insurance enrollment and premiums for ten states (Florida, Kansas, Louisiana, Minnesota, New Mexico, North Dakota, Ohio, Pennsylvania, South Carolina, and Texas) and for the nation overall, with a focus on outcomes in the nongroup and small group markets.

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 Effects of the Health Law s Definitions of Full time Employee on Small Businesses written by United States. Congress. House. Committee on Small Business. Subcommittee on Health and Technology and published by . This book was released on 2013 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Impacts of the Affordable Care Act on Preparedness Resources and Programs written by Institute of Medicine and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many of the elements of the Affordable Care Act (ACA) went into effect in 2014, and with the establishment of many new rules and regulations, there will continue to be significant changes to the United States health care system. It is not clear what impact these changes will have on medical and public health preparedness programs around the country. Although there has been tremendous progress since 2005 and Hurricane Katrina, there is still a long way to go to ensure the health security of the Country. There is a commonly held notion that preparedness is separate and distinct from everyday operations, and that it only affects emergency departments. But time and time again, catastrophic events challenge the entire health care system, from acute care and emergency medical services down to the public health and community clinic level, and the lack of preparedness of one part of the system places preventable stress on other components. The implementation of the ACA provides the opportunity to consider how to incorporate preparedness into all aspects of the health care system. The Impacts of the Affordable Care Act on Preparedness Resources and Programs is the summary of a workshop convened by the Institute of Medicine's Forum on Medical and Public Health Preparedness for Catastrophic Events in November 2013 to discuss how changes to the health system as a result of the ACA might impact medical and public health preparedness programs across the nation. This report discusses challenges and benefits of the Affordable Care Act to disaster preparedness and response efforts around the country and considers how changes to payment and reimbursement models will present opportunities and challenges to strengthen disaster preparedness and response capacities.

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 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 Health Care Utilization as a Proxy in Disability Determination written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2018-04-02 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Social Security Administration (SSA) administers two programs that provide benefits based on disability: the Social Security Disability Insurance (SSDI) program and the Supplemental Security Income (SSI) program. This report analyzes health care utilizations as they relate to impairment severity and SSA's definition of disability. Health Care Utilization as a Proxy in Disability Determination identifies types of utilizations that might be good proxies for "listing-level" severity; that is, what represents an impairment, or combination of impairments, that are severe enough to prevent a person from doing any gainful activity, regardless of age, education, or work experience.