Beginning July 2nd, 2020, auto policy coverage requirements in Michigan are changing. With these new law changes, drivers with qualified health coverage could potentially save money by reducing their auto insurance coverage. Anyone with a car insurance policy that begins or renews on or after July 2nd will have the option of choosing a lower coverage amount for their personal injury protection (PIP) coverage. Previously, Michigan drivers were required to have unlimited PIP coverage, but options now range from unlimited to no coverage at all. Continue reading
A lot has happened over the past few years. The Affordable Care Act, or ACA, has transformed the way millions of people obtain health insurance coverage for themselves and their families. But it’s a complicated law, with a lot of moving parts. Many consumers, workers and human resources professionals/employers are confused about whe
re their role in covering workers ends and the ACA begins. This is particularly true in instances where a worker has left the job and is no longer eligible for coverage under the employee group plan. Here are answers to some of the most frequently asked questions:
Just how important are COBRA notices when an employee leaves your company or organization? One employer learned the answer to this question when a proper and timely notice was not provided and a former employee sued. Here’s what happened in one recent case.
The main way companies are seeking to curb health care costs is by moving workers into high-deductible health plans, according to the survey by the National Business Group on Health. Nearly a third are offering such plans as the only option to their workers in 2015, the survey found.
The Wall Street Journal reports that, even though businesses with fewer than 50 employers are exempt from the health law’s most stringent requirements, they still face challenges.