Taxing Health Benefits – Remember Section 89?
Monday, June 22nd, 2009 Posted in Health Insurance, National Healthcare, politics | No Comments »It was 1989 when I got into the health insurance business. A new law was coming on-line called Section 89. It was championed by Chicago politician, Dan Rostenkowski, who chaired the House Ways and Means committee. This ...
National Healthcare?
Wednesday, June 10th, 2009 Posted in Business Insurance, Health Insurance, National Healthcare, politics | No Comments »Unless your name is Chuck Nolan you've heard that our government is working to fundamentally change our healthcare system. For the past 40 years there has been a steady march towards nationalized healthcare. We are now closer than ever to ...
Two Lemonade Stands
Wednesday, May 13th, 2009 Posted in National Healthcare, politics | No Comments »The kid down the block has a lemonade stand which serves 208.5 million customers and has expenses of $1.05 trillion. Your lemonade stand only serves 92.7 million customers, but has expenses of $1.35 trillion and you are in debt ...
How to Own Your Own Company in 5 Easy Steps
Monday, March 23rd, 2009 Posted in COBRA/State Continuation, Start-Ups, politics | No Comments »Why struggle for years grovelling at your boss' feet for whatever tidbit is thrown your way? There has to be a better way! Now this may sound like a ShamWow commercial, but you can own your very own ...
Will EMR Give Us Tort Reform?
Monday, February 16th, 2009 Posted in Business Insurance, National Healthcare, politics | No Comments »Currently a doctor may be exposed to a malpractice suit if he overlooks something in a patient's file and the individual suffers because of it. Now imagine that the doctor is hooked up to a national electronic medical records ...
NICE?
Tuesday, February 10th, 2009 Posted in National Healthcare, politics | No Comments »As part of Obama's stimulus bill, it sounds like the US is going to get its version of the UK's NICE (National Institute for Health and Clinical Excellence) or what I call the Department of Health Care Rationing. In October 2007, ...
SCHIP Signed: Doctors Get a Pay Cut
Thursday, February 5th, 2009 Posted in Health Insurance, National Healthcare, politics | 2 Comments »Yesterday President Obama signed the 2009 reauthorization bill for the State Children's Health Insurance Program (SCHIP) program. This legislation will reportedly make about 4,000,000 individuals now eligible for that taxpayer funded health coverage at a cost of $33 billion ...
Obama’s COBRA Changes
Thursday, January 29th, 2009 Posted in Business Insurance, COBRA/State Continuation, Health Insurance, politics | 1 Comment »Occasionally I am asked when a person who is on COBRA will be off the group plan. Often times the COBRA participant is sicker than the general employee population and is therefore holding the group back from switching insurers ...
$14,762 Each
Sunday, September 21st, 2008 Posted in politics | 1 Comment »They call this bailout a "troubled asset relief program" or TARP. Don't you cover things up with a TARP? Financial prowess has only been eclipsed by marketing genius. They've said the bailout will cost $700,000,000,000. But, you can't ...
Fire the Developer!
Monday, September 8th, 2008 Posted in Community, Start-Ups, politics | 5 Comments »In my last post I asked the question of what expenditures I should eliminate in order to pay for higher taxes under an Obama presidency. Many readers were actually surprised that a small business owner would expect his tax ...