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[Hat Tip: FoIB Jeff M]
Insurance Issues, Principles & Solutions
The largest U.S. life insurer announced Thursday that it will phase out the use of Snoopy and Peanuts characters in its marketing. It also unveiled a new tagline, “MetLife. Navigating life together,” in what the New York-based company called the most significant change to its brand in three decades. - Bloomberg
My question concerned promises that the Affordable Care Act (ACA) would increase the incomes of American employees. “How would that work?” I wondered.
1 – Is this available for groups/employer-based only, or for individuals, as well? Also, what about associations?
2 – If group, what’s minimum size, and are there participation requirements (either number of people and/or employer premium contributions)?
3 – Pretty sure I know the answer to this, but what about catastrophic claims (cancer, etc)?
4 – The brochure says you’ll accept $$ from HSA accounts, but these plans aren’t on the 213d list of approved expenses. How does that work here?
"Pieknik is a 37-year-old PhD student ... She earns $42,000, which is just slightly too much to qualify for tax credits where she lives ... So right now she’s facing a choice: Pay a lot more money, or scale back her level of coverage."
"Democratic Gov. Mark Dayton on Wednesday said that the increase in health insurance costs in Minnesota highlights “some serious blemishes right now and serious deficiencies” in the federal health care law known as Obamacare."No kidding.