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Showing posts from June, 2013

UNDERSTANDING THE BASICS OF OBAMACARE

Is trucking and transportation ready for ObamaCare? The fact is that many of us do not know much about ObamaCare, but here are a few points that should help us understand the basics: To help us understand the different health insurance choices, health insurance companies are required to provide us with an easy-to-understand summary on the health plan’s benefits and coverages. Open enrollment begins on October 1, 2013 CHECKLIST FOR SMALL BUSINESSES If you’re a small business owner, you’ll be able to offer your employees new health plan choices through the Small Business Health Options Program (SHOP). 7 Things You Can Do To Get Ready Now 1. Make sure you understand how insurance works. For example, you’ll want to understand the difference between premiums and out-of-pocket costs, like deductibles and copayments. You’ll want to compare these details to help determine which plans are right for you and your employees. Click for more about how it works. 2. Learn...

What Is The Sequester?

The Sequester, which should be not be taken lightly by the trucking / transportation industry is referred to by the White House as "Harmful automatic budget cuts — known as the sequester — threaten hundreds of thousands of jobs, and cut vital services for children, seniors, people with mental illness and our men and women in uniform. These cuts will make it harder to grow our economy and create jobs by affecting our ability to invest in important priorities like education, research and innovation, public safety, and military readiness." President Obama and both parties in Congress have been working together for the last few years to reduce the deficit by more than $2.5 trillion looking into spending cuts and tax rate increases. But after all these years of discussions and negotiations, they could not agree on a plan to reduce the deficit, and in 2011 Congress passed a law saying that "if they couldn't agree on a plan to reduce our deficit by $4 trillion — includi...