Rollout of the new health insurance exchanges and marketplace sparked headlines of spectacular demand and even more spectacular failure. Proponents say the Obamacare website sputters due to initial bugs; opponents call the whole idea nothing short of a colossal failure. Whether you agree or not, here’s a better solution when you look for health insurance: Use an agent.
The uncertainty that Washington policy makers foment is a big culprit in our economic stasis. What will happen next with the Federal Reserve’s stimulus program, the trouble-ridden Obamacare rollout and the chronic debt ceiling threat?
When uncertainty exists, businesses take no action. They sit on trillions in cash, as they don’t know whether to hire or fire, expand or contract. Investors, likewise, get stuck with more money in cash than they like, as the direction of the stock and bond markets is murky.
Open enrollment for employee benefits kicks off this month. While you plan your Thanksgiving menu, review your benefit choices.
Benefits change this year like few years before. Even if little changed in your life in 2013, maximize what your employer offers.
Here are some pointers.
Millennials, also known as Gen-Yers, born between the early 1980s and early in this century, often fail to see insurance as part of their young-adult financial picture. Wrong: Despite saving fledgling paychecks, rookie investing and whittling student debt, insurance must figure highly in their financial planning. Here’s why.
Every person’s situation differs, so work with a financial planner to make sure you carry appropriate coverage. Many young adults unready to invest in a planner still benefit from learning basic insurance guidelines on where to start.
Obamacare has subsidies to help less-well-off Americans pay health insurance premiums. But a lot of confusion surrounds this aid. Here in this third of three articles is a guide to understanding it – and getting the most out of it.
Despite significant technology glitches, the new health insurance exchanges are open to the public and many Americans now must figure out their options. Regardless of your views on Obamacare, which is a political flashpoint, the new health law is a reality – and a possible opportunity.
In addition to a plethora of choices, consumers must look at how confront federal subsidies to their care works and see if these affect them. The basics of the Affordable Care Act are complex.
Fall is traditionally open enrollment season for many companies. Too often, people simply let their benefits ride without changes. Bad idea. You need to reexamine your needs and adjust them as warranted.
In our house I’m self-employed and my wife works for a major corporation with a full array of employee benefits. As you might suspect, she hands me any information about her benefits with the implicit instructions: “Deal with this.”
The labor force participation rate has fallen and it can’t get up. That is not a good thing for the struggling economy’s future.
The U.S. Bureau of Labor Statistics (BLS) reported that, in September, 90,609,000 Americans who are 16 or older are neither working nor looking for work. Only 63.2% of Americans are working or looking for work. Anyone who is unemployed who has looked for a job in the past four weeks is counted as participating in the labor force.
With the advent of Obamacare, the world of health insurance is significantly more complex for those under 65. The Affordable Care Act (ACA) has startup problems, thanks to a bug-ridden website. Regardless, when it becomes law on New Year’s Day, consumers are no longer limited to one or two plans that their employer preselects. But what is it all about and how can you take advantage of it?
This fall, the pace of health-care change from Obamacare is dizzying. But beyond what’s going on in Washington, setting some simple priorities for the way you live your own life helps you keep straight what’s truly important – and most healthy.