Obama Narrowly Takes Round Two

Round two of the Presidential debate from Hofstra University featured a different format with comparable results.  The town hall style played to the strengths of the President who appeared much more comfortable without the podium, and took full advantage of the new format to connect with voters, and take a few jabs at the Challenger, Governor Mitt Romney.   Obama was also more aggressive, pushing Romney to the ropes on several points, and coming off much better this time around, particularly on television.  It also helped when he was vindicated by the moderator, CNN’s Candy Crowley, on a small semantics argument 2/3 of the way through.  The crowd cheered and the President rode the momentum to the end, capitalizing on the energy, and providing a fantastic close.

SeanMcGuire

Sean McGuire was working for the U.S. Senate Finance Committee when the thoughts of health reform began. He is the founder of E.D. Bellis a healthcare consultancy and host of America's Healthcare Challenge. To hear Sean speak contact info@edbellisinc.com.

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No Penalties for October 1st Notification

Businesses struggling to navigate the Obama healthcare law can breathe a sigh of relief.  October 1st is an important date for Affordable Care Act  (ObamaCare) implementation because it is when the new health insurance marketplaces will begin open enrollment.  There is also a soft compliance deadline causing confusion in the business community because many fear they will be penalized for non-compliance.

SeanMcGuire

Sean McGuire was working for the U.S. Senate Finance Committee when the thoughts of health reform began. He is the founder of E.D. Bellis a healthcare consultancy and host of America's Healthcare Challenge. To hear Sean speak contact info@edbellisinc.com.

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Working White Collar Job

New White-Collar Exemption Changes May Mean Increased Labor Costs, Compliance Efforts

The proposed U.S. Department of Labor (DOL) changes to the “white-collar exemption” in the Fair Labor Standards Act (FLSA) could make more than 5 million individuals eligible for overtime pay—individuals who currently aren’t eligible. This could have a significant impact on employers who may face increased labor costs and compliance efforts. To qualify for the…

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New Exchange Guidance

HHS releases final rule on insurance exchanges.
The Centers for Medicare and Medicaid Services (CMS) is proposing standards for insurance exchanges under the Affordable Care Act.   In a proposed final regulation released on Friday, June 14th 2013 the feds outlined these new programs.  Understanding how they work is important because they will be the place where individuals small companies can purchase health insurance once fully implemented.  They must also become a part of your vocabulary as a small business owner because they are the mechanism that could trigger penalties for businesses over 50 not offering acceptable coverage according the ACA.

What is a health insurance exchange aka marketplace?  Click this video for an explanation in less than one minute and listen to this segment of America’s Healthcare Challenge for a comprehensive breakdown.

SeanMcGuire

Sean McGuire was working for the U.S. Senate Finance Committee when the thoughts of health reform began. He is the founder of E.D. Bellis a healthcare consultancy and host of America's Healthcare Challenge. To hear Sean speak contact info@edbellisinc.com.

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New Cost Estimate

The Congressional Budget Office (CBO), the non-partisan referees of Congress, came out with a new cost estimate of the health reform legislation. The Affordable Care Act also known as Obamacare has been contentious because of the cost of the legislation, and the control given to the federal bureaucracy to craft critical details.  Whether or not…

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More on Essential Benefits

One important section of the Affordable Care Act is section 1302, which sets standards for essential benefits.  Essential benefits are the benefits that all companies intending to use health insurance exchanges, must provide.  While this provision is important to the overall goal of providing access to affordable and quality health care, it is very general,…

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Monday Morning Quarterback

The Giants and Patriots provided America with yet another entertaining Super Bowl last night. With another game coming down to the last play, this reflected an important facet about American football, which of course is the importance of momentum, often resulting in victory for the last team with the ball.  Still, I was puzzled last…

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Michael the Millennial

Michael is considered a member of the Millennial generation (see previous column), and at 25 years old is unhappy that he has not met his goals of career and family. Raised to believe that a college education would lead to the American dream, Michael graduated from college with honors and pursued a graduate degree, until…

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Medicare Matters

If I was one of the “Powers that Be” running our federal government, I would not be long after I waved my democracy magic wand, and the public would care enough to vote.  There has never been a more contentious issue with more complexity nor has there been a clearer contrast on the future direction…

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