health insurance premiums

Health
5:01 pm
Mon March 31, 2014

Last day to enroll for health-care coverage under the Affordable Care Act

Today is the day.

If you don’t sign up for health-care coverage by midnight tonight, you might not be able to get coverage until next year. And if you choose not to get covered, you might get dinged on your 2014 taxes –also known as the "individual shared responsibility payment."

If you can afford health coverage, but you decide to do without, here's how much you might have to pay:

  • In 2014, it's 1% of your yearly income or $95 per person, whichever is higher.
  • In 2015, it’s 2% of your yearly income or $325 per person, whichever is higher.
  • In 2016 and later years, it’s 2.5% of your yearly income or $695 per person, whichever is higher. 
  • After 2016, the fee is adjusted for inflation.

To avoid any potential fees, you need to sign up by tonight.

There are exceptions.

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Stateside
4:52 pm
Thu March 6, 2014

Small business owner is sick over the Affordable Care Act

Jeff Emerson, president of American Gear & Engineering Inc., in 2010 at a press conference with then-Gov. Jennifer Granholm.
YouTube screenshot

There is little question that the Affordable Care Act is a game-changer for Americans who had jobs where no insurance was available from their employer, or who had pre-existing conditions, or whose incomes did not qualify them for Medicaid, or who could not afford to buy health coverage.

But as the health care picture brightens for these Americans, there are others who are, frankly, sick of the ACA and the upheaval it has brought to their lives.

Detroit News business columnist Daniel Howes took a look at what the ACA has meant for a typical small Michigan business.

Howes joined us today and we asked him to tell us about American Gear & Engineering. It’s the company he profiled in today's column of the Detroit News.

Health
5:21 pm
Wed February 19, 2014

Obamacare opponents remain resolute in Michigan

Several dozen people showed up at a town hall meeting in Jackson to criticize the Affordable Care Act. Republican Congressman Tim Walberg of Michigan is hosting a series of meeting on Obamacare this week.
Steve Carmody Michigan Radio

Opponents of Obamacare turned out for a meeting in Jackson today.  

Congressman Tim Walberg is holding a series of town hall meetings this week on the Affordable Care Act.

The Republican congressman is showcasing small business owners and patients who say they are paying more for health insurance under Obamacare.

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Education
1:35 pm
Thu July 11, 2013

Pontiac teachers sue district, facing health insurance cuts

A screen cap of Pontiac Middle School.
pontiac.k12.mi.us Pontiac School District

Teachers in the struggling Pontiac School District are suing the district after being told their healthcare coverage could get axed.

The teachers who filed the lawsuit are claiming school officials took money designated for their healthcare premiums, and transferred it to the general fund in order to make the district’s finances look better.

Diana Dillaber Murray from The Oakland Press reported:

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Health
5:40 pm
Thu June 6, 2013

Insurance companies apply to provide Affordable Care Act coverage to Michiganders

Medical diagnostic equipment
Credit Steve Carmody/Michigan Radio

  More than a dozen insurance companies want to be part of a health care exchange that provides coverage to Michiganders under the new federal health care law.

Blue Cross Blue Shield, Humana, McLaren, United Healthcare and ten other insurance companies have applied to be part of the new health care exchange.

Beginning in October, Michiganders will be able to use a federally run exchange to compare the health care plans.  It’s all part of the Affordable Care Act, also known as "Obamacare," which takes effect in 2014.

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State Law
3:23 pm
Tue March 29, 2011

State Senator Rick Jones: If teachers sacrifice, everyone should

Republican state senator Rick Jones says many schools may soon demand that teachers pay at least 20-percent of their health insurance premiums. 

Jones has introduced a bill that would keep a school’s per-pupil funding intact, if teachers agree to the cuts. 

But he says teachers shouldn't be the only one making the sacrifice.

"I learned that senators and representatives pay anywhere from 5% to 7.6%, and I thought, how is that fair that we’re paying that and teachers are being asked to pay 20%?"

Jones says his new bill would require state legislators to pay 20% of their health insurance premiums. 

He has also introduced a bill to alter the lifetime health insurance that legislators receive after serving only six years, calling it “obscene.”

The bill would phase in the benefit, beginning at ten years of service.