Page 37 - Coverage Plan News Today

Age is the thing that correlates best to what health coverage costs. >> age is also -- and this is a part of obamacare that didnt work which was to try to get as many young people on the system. they needed 40% of folks under 35 in the system to keep premiums down. it hasnt gotten to that. how do you do it? how does it do it here? because this system seems to essentially say to folks under 35, dont worry about it. if you dont want to get health care were not going to make you do it and that only...

Thrown at them, they dont seem to buy. even a mandate and penalties doesnt do it. built into this plan is a surcharge for those that let a time period lapse and theyll do it. doesnt this have its own little mandate feature? >> its noed a mandate. were not dictating to people what to purchase. the reason young people will purchase it is because of an array of choices. right now they have to buy what the government says. we believe its important to have choices so they can buy what suits them best...

Dont have to. >> yeah. >> neil: so no matter what is thrown at them, they dont seem to buy. even a mandate and penalties doesnt do it. built into this plan is a surcharge for those that let a time period lapse and theyll do it. doesnt this have its own little mandate feature? >> its noed a mandate. were not dictating to people what to purchase. the reason young people will purchase it is because of an array of choices. right now they have to buy what the government says. we believe its important...

And/or temporary? >> we have a fully funded plan for our own 18 employees staff. currently. we also have what is called indemnity plan for our temporary employees. that indemnity plan wont qualify under the. coverage plan. im not aware of any carrier right now who would underwrite a fully funded plan, major medical plan for temporary staffing firms. >> okay. debbie, so what do you think -- debbie, let me ask you you, what do you think about obama care and whats this going to do to your business?...

Including the temps. under the rules, they either have to provide health insurance for all of them or pay a fine of $2,000 a year per employee. they say theres no way they can afford to carry insurance for everybody so they will pay the fine instead. >> typical single coverage plan is about $800. typical family coverage plan is about -- close to $1,000 per month. so the fine which will be only $166 a month is way below the cost of the program itself. >> another effective obama care, they can no ...

Insurance for all of them or pay a fine of $2,000 per employee. they say there is no way to pay the insurance so they will pay the fine instead. >> typical single coverage plan is about $800. typical family coverage plan is about close to a thousand dollars a month. so the fine which will be only $166 a month, is way below the cost of the program itself. >> reporter: another effect of obamacare on their business. they can no longer have a separate benefits program for their full-time office staf...

Coverage if everything would hold true to what we were told. to get that type of letter telling me i have to pay over three times what im paying is ridiculous. >> clear they li not a happy man. if he opts out of dental coverage which isnt a good idea with six kids he could lower the coverage plan to about $900. but he has to take out other things as well. he wants the full coverage so he started calling around. here he is again. >> i have checked with other local insurance companies that sell ot...

Cover for things like birth control, dentisty and other things you may not be able to afford in your health policy. that will make it more expensive for people. and so, that is why i think a lot of people are going to say, you know what? i cant afford this new cadillac coverage plan. let me give you kind of an analogy. it is almost like saying if you go into a new car showroom you cant buy the cheap car, bill. you have to buy a porsche or cadillac. bill: which is a nice car but you may not nee...

To help secure the embassy there. thats not important, promos have been made, hosts were properly outraged, coverage plan was in motion, then the cable news-pocalypse happened. lots to look at, including, live in cleveland as gina dejesus arrives home. wow, do we have some news for you now in arizona where the jury has reached a verdict in the jodi arias murder trial. >> top of the professional cap to megan kelly, who rolled very smoothly with that. even though fox was amusingly knocked off thei...

There. a pentagon spokesman reiterated special forces could not have made it to benghazi to save lives and were needed in tripoli to help secure the embassy there. thats not important, promos have been made, hosts were properly outraged, coverage plan was in motion, then the cable news-pocalypse happened. lots to look at, including, live in cleveland as gina dejesus arrives home. wow, do we have some news for you now in arizona where the jury has reached a verdict in the jodi arias murder trial....