Health insurance products traditionally known as “fully- insured” plans have long been the norm for most mid- sized businesses. Lesser known but still popular with larger companies is the “self-insured” model. With the impact of health insurance premiums hitting the bottom line of many mid-size businesses, employers have been searching for ways to control their health insurance costs without trimming employees’ benefit packages.
The 2015 health insurance open enrollment period for individuals and small group employers begins Saturday, November 15. Some employers still wonder whether they are required to offer health insurance to their employees. If your company has fewer than 50 full-time equivalent employees (FTE), you are not subject to the Employer Shared Responsibility sections of the law. However, most employers would agree that a good business strategy for recruiting and retaining excellent talent is offering a robust employee benefits package.
The November 30th deadline concerning the Affordable Care Act for small businesses is getting closer and closer, and some entrepreneurs said they still have more questions about key changes that could affect their businesses.
Many changes are based on the size of the employers business, but the Las Vegas Metro Chamber of Commerce hosted a free workshop Thursday and created its own marketplace, or exchange to help businesses navigate through the changes. For example, in 2015 employers with more than 50 full time employees must purchase health insurance for workers.
LAS VEGAS -- The November 30th deadline concerning the Affordable Care Act for small businesses is getting closer and closer, and some entrepreneurs said they still have more questions about key changes that could affect their businesses.
As part of its expanded offerings for Las Vegas Metro Chamber of Commerce members, Chamber Health Options is introducing a brand-new captive insurance option for businesses with 20 – 1,000 employees. The Chamber Group Captive is a self-funded option for businesses that want to manage their costs and risks. A group captive is an insurance facility formed by companies joining together to reduce the cost of insurance. Each participating company desires to control their own risk, and member companies generally maintain good loss histories and effective risk management programs.
Last month, the Las Vegas Metro Chamber of Commerce and Chamber Insurance & Benefits announced Chamber Health Options, a comprehensive online marketplace for health insurance. Through this website, you’ll be able to search through individual and small-group health insurance options, seek out subsidies if applicable, and purchase health insurance for you and your employees on your time and on your terms. You may also continue to work directly with your Chamber member broker for your health insurance needs if that is your preference.
The Las Vegas Metro Chamber of Commerce has a new battle plan in its fight to keep members insured.
Mandates in the Affordable Care Act are forcing the chamber to surrender its group-health policies. In their place, the association will launch a private health insurance exchange for its 5,000 members. Chamber Health Options is scheduled to go live midmonth as perhaps the first — but probably not the last — private exchange for a business organization based in the Silver State.
Nevada business owners and their employees are facing some difficult decisions in regards to their health insurance. Should they continue to shop for a group plan, or should they convert to an individual plan strategies for themselves and their employees?
The Affordable Care Act has brought major health insurance changes for Nevada consumers and business owners. How insurance is purchased, how coverages will work and what is best for employers and employees are just a few of the things that continue to raise questions.
Sun safety is never out of season. Summer's arrival means it's time for picnics, trips to the pool…and a spike in sunburns. The need for sun safety has become clear over the past 30 years, with studies showing that excessive exposure to the sun can cause skin cancer. Harmful rays from the sun, sunlamps and tanning beds may also cause eye problems, weaken your immune system, and give you unsightly skin spots, wrinkles or "leathery" skin.