The Affordable Care Act, also known as Obamacare, has confused many people lately. The massive increases for January 1st, 2017, has left many in a pickle. Employers are scrambling to find a solution, yet at a cost that could be as much as double their mortgage. This increase produces a financial strain on their family.
The problem is the is a lack of information in the marketplace. Many do not know where to go for the information. Their trusted advisor may not be clear on the options to do next. For Pete’s sake, even Google doesn’t give a clear answer. We tried asking Siri, but still empty-handed.
For 2017 health insurance renewal, some small shops received a 60% or more increase in their health insurance premiums for them and their family. Double-digit increases were crazy when they first started at 15%-30%. But now 60%?
Some business owners had to sell … Read More