Huge Layoffs in TechWow, the list of layoffs in technology is long and the number are large, to say the least.Google: 12,000Amazon: 18,000Microsoft: 10,000Meta: 11,000Stocks since the beginning of the year? Only Microsoft is underperforming the S&P 500. Google,...
Live Stream on Saturday at 2PM ETInsane year, now only one month left. What’s On Tap:Let’s hope that I remember to speak to all of these, we may have another on Sunday (yikes).Employment Hot, What Happened?Health Insurance DeadlinesWhy SHIP (Medicare Centers) Doesn’t...
528,000 New Jobs Huh? How about new(ly filled) jobs. Perhaps, rising prices has forced some people off their keisters. Someone said Wednesday’s CPI is vital. I suppose….
Date / Time: Sunday, May 1, 11A ETTomorrow LiveIt will only be available to paid subscribers, live and recorded. It is very likely that by the time that it is released, that the financial markets will have changed, and possibly, substantially. Even from here.AgendaThe...
COBRA Is Usually A No, But…If your ex-employer has greater than 20 full-time employees, then you have the right to COBRA. That period lasts, in most situations, for eighteen months.The issue is that you have to pay the full ‘sticker price’ for the coverage. You might...
When COBRA Might Be BestI didn’t say never, y’all know better. There are times that COBRA is best, they are NOT trivial.If you have serious illness (you or someone else covered), and it requires known, ongoing healthcare services, you need to actually CHECK the fine...
First Things FirstThe COBRA coverage itself is not necessarily a negative, large employer-sponsored plans can have lower deductibles, out of pocket maximums and lower coinsurance than plans available in the individual market.If you are eligible for the APTC, that can...
Public Health Emergency EndsHooray no masks required. But, now some assistance will end.Medicaid will end for many (link)Greater APTC is scheduled to end at the end of 2022 (link)Build Back Better negotiation window opens (link)Unemployment benefits ending, and people...
Large Employer Doesn’t Work (Usually)The issue is that large employers usually contribute a great deal, and the result is that the employees cannot access the APTC, there are very technical rules regarding the cost to you vs your income (in order to get the APTC).
Conclusions The tight labor market and the complex financial contracts mentioned here have combined to create a dizzying number of configurations, premiums, and benefits. Disclosure: GH2 Benefits is an insurance broker and advisor to small business, with a variety of...