Health Actuaries: Obamacare Rates Expected To Soar
Few aspects of the Affordable Care Act are more critical to its success than affordability, but in recent weeks experts have predicted costs for some health plans could soar next year.
Health law supporters are pushing back noting close ties between the actuaries making the forecasts and an insurance industry that has been complaining about taxes and other factors it says will lead to rate shock for consumers. The laws supporters ignore one elementary and simple fact. When costs rise for insurers those costs are passed along to consumers in the form of higher premiums. Read More
There is some good news for Electrical Contractors and some Businesses
Electrical Contractors and Businesses that are partnered with them have an opportunity for significant savings on their health care benefits. NJECPAC Partner Association New Jersey IEC has joined Association Master Trust (AMT). AMT is an unique not for profit multi-Association Health Benefits Plan offering a multitude of Medical and Dental plans at group rates.
Even one person Companies that would not otherwise qualify for group rates under NJ Law are eligible for Group Rates on their Health Insurance through AMT. AMT utilizes the Blue Cross Provider Network and includes 'Blue Card' which includes the Blue Cross World Wide Network of Service Providers.
AMT for Electrical Contractors is available exclusively through New Jersey IEC. Participants in AMT have seen Group plan savings in the hundreds and even thousands of dollars.
For more information visit www.NJ-IEC.org or contact New Jersey Independent Electrical Contractors by phone at (973) 467-0027, fax: (973) 467-4066, email: executivedirector@nj-iec.org
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