Affordable Care Act

Less Than 50 Staffers? Your Four Main Obamacare Options

August 7, 2013 By Dinah Wisenberg Brin | Entrepreneur Small businesses with fewer than 50 full-time employees — or the equivalent — as defined by the U.S. Affordable Care Act may wonder what they should do to prepare for employee open enrollment on the new healthcare exchanges this October. If you’re among those…

SC Department of Insurance releases bogus analysis of data to scare public

The Greenville News August 3, 2013 “I would strongly encourage the public not to get too excited about these numbers, because there’s actually good news coming in federal subsidies,” said Frank Knapp, president and CEO of the South Carolina Small Business Chamber who supports the changes to how customers buy health…

NFIB’s hollow victory

The announcement yesterday that businesses with 50 or more employees would have an extra year to comply with the Obamacare requirement that they either provide health insurance or pay a penalty was greeted with glee by the National Federation of Independent Business. “This is simply the latest evidence that implementation…

S.C. consumers due $6.2M in health insurance rebates thanks to Obamacare

Columbia Regional Business ReportBy Bill Poovey bpoovey@scbiznews.comPublished June 25, 2013   More than 119,000 South Carolina consumers whose health insurers failed to spend enough premium dollars on patient care are due to get rebates totaling $6.2 million from the insurers. The U.S. Department of Health and Human Services said the…

NFIB admits its position on Medicaid expansion will hurt many small businesses

The National Federation of Independent Business (NFIB) has strongly advocated that states not expand their Medicaid programs as allowed under the Affordable Care Act (Obamacare).  This wasn’t a business decision by the organization because expanding Medicaid will benefit small businesses as I have pointed out in opinion editorials (here, here…

Fallout for states rejecting Medicaid expansion

By RICARDO ALONSO-ZALDIVAR Associated Press    WASHINGTON (AP) — Rejecting the Medicaid expansion in the federal health care law could have unexpected consequences for states where Republican lawmakers remain steadfastly opposed to what they scorn as “Obamacare.” It could mean exposing businesses to Internal Revenue Service penalties and leaving low-income…