BB&T Starts CarePlus Private Insurance Exchange

BB&T has started a private insurance exchange that is very similar to the government market place for health insurance coverage. BB&T’s exchange is called “CarePlus Benefits Exchange” and is available to employers. Offering both a standard and custom version of the exchange format. Employees can select from: Health Insurance Dental Insurance Vision Insurance Life Insurance Disability Insurance Coverage options will be offered from various national and regional insurance providers through the BB&T marketplace. The goal of the BB&T marketplace is to assist...

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Small Business Health Options Program (SHOP) Delayed Until November 2013

The Obama administration has announced another delay, this time to the Small Business Health Options Program (SHOP). SHOP exchanges were to be ready for enrollment on October 1st. This coincides with the public exchanges going live for individuals. Coverage for people signing up for for coverage should still expect a January 1st, 2014 start date. SHOP exchanges are for businesses with 50 or fewer full time employees looking for employee coverage. Businesses with 25 or less full time employees and meeting certain criteria will qualify for a tex credit of up to 50% of their health insurance...

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Employer Mandate Delayed Until 2015

Employers with 50 or more employees won’t have to start the complicated reporting practice until 2015, it was slated to start in 2014. With sufficient complaining from small business the Obama administration decided to delay the employer mandate within the health care reform reporting component a year to allow small business to prepare. The news broke on Tuesday by Bloomberg in this post. As it stands now new rules will be published this summer to help employers and insurers navigate the reporting requirements. So if you break that down it appears that no one had a complete plan for...

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Group Health Insurance Florida

Group health insurance insurance where an employer pools together employees to get a group discount rate on insurance. This is great for business owners, as group health insurance can provide perks to their incentives for employees to remain on board. Most of Americans who are covered by health insurance, and a high percentage in Florida, are covered under some type of group health plan. Both the employers and employee share the costs of thins, making it a win win scenario. Keeping your employees healthy is key to keeping your business healthy. Afterall, your employees makeup your...

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Small Business Health Insurance Florida

Small business health insurance in Florida is a growing need by many small companies in Florida. Hiring the right long term employees is tough, and having the added benefit of health insurance is a sure way to retain and hire only the best. Using small business health plans is also a tax deductible expense. Normally an employer will pay half of the cost, and the employee pay the other half. Once a group plan is picked by the employer, the employee is invited to join in the group. Group plans can package together dental, eye, and even life insurance. For many small businesses, the health...

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