by Girish Anand | May 6, 2014 | Minimum Wage Law
Maryland Gov. Martin O'Malley has signed legislation to gradually raise the state's minimum wage to $10.10 an hour, reaching the target rate by July 2018. The first step is a hike to $8 an hour on Jan. 1, 2015. The wage hike was O'Malley's legislative...
by Girish Anand | May 5, 2014 | IRS
The Internal Revenue Service (IRS) has announced slight increases in maximum allowable contributions to Health Savings Accounts (HSAs) for 2015. For individual-only health plans, the contribution maximum rises from $3,300 this year to $3,350 in 2015. For family health...
by Girish Anand | May 5, 2014 | Affordable Care Act, Health Care Reform, HHS, Obamacare, PPACA
The Obama administration has released figures on total health care enrollment through April 19 (the extended deadline), showing that 28 percent of all state and federal enrollees fell into the premium-lowering 18-to-34-year-old demographic. Original hopes were for a...
by Girish Anand | May 4, 2014 | Affordable Care Act, DOL
The Department of Labor (DOL) has published a proposed rule that would amend the COBRA Notice that employees receive when leaving a company that offers health insurance to make it clear these employees can purchase health insurance on the Affordable Care Act (ACA)...
by Girish Anand | May 2, 2014 | Affordable Care Act, Health Care Reform, Obamacare, PPACA
American companies with 50 or more employees could save $3.25 trillion over the next decade by dropping health coverage and paying the shared responsibility penalties of the Affordable Care Act (ACA), while shifting their employees onto the Obamacare marketplaces, a...
