All Obamacare Plans Will Be More Expensive

The latest report in July indicates that the Obamacare plans will all be more expensive than current comparable plans available. Doesn’t the first “A” in ACA stand for Affordable?

See the complete article here from Investors.com by John Merline.

 

WestLake Financial Group, Inc.

1477 Barclay Blvd

Buffalo Grove, IL 60089

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Higher Premiums Under Obamacare

We’ve heard the news that some states will be having lower premiums  under Obamacare. Looking into it further reveals that this is due to minimal coverage plans being offered along with excluding people that are ill.

This article from CNNMoney by Tami Luhby goes into further detail behind the costs for plans in the state exchanges.  As the old adage goes, “You get what you pay for.”

 

WestLake Financial Group, Inc.

1477 Barclay Blvd

Buffalo Grove, IL 60089

888-WESTLAKE

New Legal Challenges for Health Care Reform

 Due to several lawsuits across the country, it looks like Obamacare will be facing another high court decision. Between this and the Employer Mandate delay, it seems that many are taking a “wait-and-see” approach.

See the complete article Obamacare’s Legal Hurdles Seen Leading to New High Court Review from Voluntary.com by Bloomberg News Service here.

 

WestLake Financial Group, Inc.

1477 Barclay Blvd

Buffalo Grove, IL 60089

888-WESTLAKE

Overtime Penalties Built Into Obamacare

Do you have employees that count on their overtime to make ends meet? One of the provisions going into effect this fall will actually work against those trying to earn more money by working overtime. We’d also be willing to bet that most hourly employees are not even aware of this.

See the article Look out below! Work more, get less in Obamacare ‘cliff’ from CNBC by Dan Mangan.

 

WestLake Financial Group, Inc.

1477 Barclay Blvd

Buffalo Grove, IL 60089

888-WESTLAKE