What Does the Affordable Care Act Mean to You?
By Bob Goldberg, NARDA General Counsel
It does not seem that a day goes by without something in the news about the Affordable Care Act. As a small businessperson, what does this legislation mean to you? At this point, probably not a great deal; however, you likely already have missed the single requirement imposed.
The Affordable Care Act was passed with clear goals in mind. The intent of the legislation was to provide health insurance to the millions of Americans who did not have it. The law seeks to control the escalating cost of health insurance, create a more competitive marketplace, emphasize disease prevention and eliminate certain factors that previously disqualified applicants. The Affordable Care Act will certainly change the face of medical insurance, how medical providers are paid, and standardize benefits under medical policies.
Because most NARDA members provide health insurance for their employees, they should not be concerned that after Jan. 1, 2014, a penalty will be imposed for not having health insurance. The penalty amounts to $95 per adult family member or 1 percent of family income, whichever is greater. With penalties in place for individuals, the law guarantees that individuals will be able to obtain insurance. The only variables an insurance company may consider in establishing rates are age, geographic area, family composition and tobacco use. Missing is preexisting conditions that have precluded many individuals from obtaining insurance in the past.
Read the full article in the Members Only section
The Original Blue Book - Major Appliance Job Rate Guide was written and developed by Dean Landers. Mr. Landers wanted more options and features for his original product so he partnered with Service Company Solutions to create a more functional product. By combining the "Blue Book" with the innovative MPH engine, we have been able to create a more comprehensive "Blue Book". This new book includes both standard and premium appliances and has a more extensive listing of product codes and always up-to-date parts integration.
The book is only $149.95 and includes both standard and premium brands. For ordering details click here.