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Growing Trend of Post-65 Retirees Migration to Private Health Exchanges

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Health

Since the advent of the health care reform law, more and more employers who offer health insurance to over 65’s are turning to private exchanges to provide individual coverage, often at a lower cost than previous plans.

According to a Kaiser Family Foundation Health Research & Educational Trust survey from 2014, the number of companies with over 200 employees who offer retiree health coverage dropped from 66% in 1988 to 28% in 2013. And while currently 29% of employers are utilizing the benefits of private health exchanges to offer their post-65 retirees continued health coverage, another 27% of companies are seriously considering the move, with 44% already evaluating the impact of such a change, as stated in a further survey of 424 public and private sponsors representing a total of 3.8 million retirees.

The growing trend of over 65’s retiree migration to private exchanges is fueled in part by the Affordable Care Act, partly by the elimination of the tax-favored status of retiree drug subsidy, and lastly by improvements in the Medicare Part D program, which aims to fill the so-called ‘donut hole’ by 2020.

Connecticut-based John Grosso, actuary, and leader of Aon Hewitt’s task force for retiree health is convinced that individual coverage has become more cost effective in the post ACA market, while at the same time, retiree benefit values remain preserved. And Eric Stranger, Principal of Health Exchange Solutions at Buck Consultants in Rhode Island believes the trend is set to grow stronger in the near future.

“Most employers that provide group health benefits to post-65 retirees are at the very least evaluating whether an exchange would work for them and their retirees,” said Stranger, and added, ““We’re not looking at first movers anymore. The level of activity we’re seeing from employers has increased almost exponentially every year.”

One successful example of the trend can be seen in Georgia. Postal giant United Parcel Service (UPS) recently moved 17,000 of its post-65 non-union retirees and their spouses to the private exchange at Aon Hewitt, where, depending on their location, the retirees have a choice of around thirty-six plans, ample enough to find the best available plan for each individual.

““We had a lot of feedback before from our retirees that there wasn’t much value to our existing plan,” said BJ Dorfman, Atlanta-based Director of US Benefits. “It was secondary to Medicare and didn’t pay unless they hit a $1,000 out-of-pocket maximum. So from a design standpoint, the fact that they could pick their own plan and they had more choice — it was really appealing to them.”

While United Parcel’s move proved highly beneficial for retirees, the company itself experienced no change in health care costs. Not so for the Alameda County Employees Association. The organization based in Oakland, California, cut its costs by an astonishing 50% when it moved 1,300 post-65 retirees to the Extend Health Inc exchange in 2013. The move provided retirees with access to 55 different carriers and 214 different plans.

Despite the obvious benefits, the move to a private exchange can be quite confusing for retirees. Most will have little or no experience of the health insurance marketplace. Which is why platforms like Benistar have dedicated customer service representatives to guide and support post-65 retirees throughout the entire moving process.

Moving to a private exchange makes sense for a lot of reasons. “Your retiree group typically is getting smaller, older and sicker,” says John Barkett, Director of Health Policy Affairs at Towers Watson, in Arlington, Virginia. The main reason post-65 retiree coverage purchased from an exchange is cheaper than an employer plan is that they have the capability and the resources to spread the risks further.

For more information stay connect with us on Tapitata.com

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6 Low Cost Ideas to Improve Your Home’s Value

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Improve Your Home’s Value

Whether you are looking to sell your house or looking for a change in scenery, there are some things that you can do to improve your home’s value. Your house is a reflection of your personality. A well-maintained house gives a positive impression. The good thing is that there are several ways to increase the value of your house. Some of them are inexpensive, some a little bit costlier. They are worthwhile investments if you have the necessary resources to pull them off.

Today, the pro’s at Jacksonville Pressure Washing sharesix low cost ideas to improve your home’s valuein the real estate market:

Glam Up with Paint

The easiest and the best way to increase your home’s value is simply to use color. Paint immediately makes your room look and feel like new. A fresh coat of is good at covering up smudges and other imperfections. Choose neutral colored paint schemes. For businesses, studies show that the use of color could attract more customers. For homeowners looking to sell their homes, the same is true. Buyers would be more attracted to homes with freshly painted walls.

Try to stay away from dark colored or garishly bright paint. Keep it simple.Keep it cool to the eyes. The right paint combination will give you a high return of investment.

Update Your Technology

Modern homes are fully equipped with gadgets and electronic features. These can include security systems, alarms, automated heating and cooling, and built in programmable devices and appliances. There are also appliances and fixtures that are can now be controlled by smartphones. Even lighting fixtures and audio visual entertainment systems that can be programmed and personalized can add great value to your home.

Fixture Mixture

Brass used to be all the rage, but this is not as popular with homebuyers today. Brass is considered to be outdated and old. Replace brass fixtures with updated hardware. Paint them with matte black paint to de-brass the whole house. It might prove expensive to replaceall brass fixtures around the house,but it will be definitely worth it.

The Kitchen is King

The kitchen is still the most used room in the whole household. Refurbishing the kitchen can be an expensive proposition. Replace the cabinets or re-stain them if the wood composites are still of good quality. Appliances also have to be up to date. If you have one or two items that are not in-synch with the new look, you can modify them or use them as curios or conversation pieces in your kitchen.

Bathroom Central

The bathroom competes with the kitchen as one of the busiest rooms in the house. Modernizing it would add value to your property. Clean tiles are a must. Complementary wall color would be good. Wall art would also do wonders to improve the aesthetics. Replace the showerheads and the taps in your bathroom. Install shower curtains or glass dividers to create an illusion of space. Install a good-sized mirror as well.

Landscaping is the Thing

Your lawn and garden also speaks volumes and could make or break your home’s value. A poorly-maintained lawn turns away many clients as much as an overgrown hedge. On a more practical note, plant shade trees in strategic areas to reduce your cooling bills. Ornamental plants will go a long way as well in improving your home aesthetics. Of course, if you’re going to buy land to build on, you’ve got a blank slate to work with.

Final Say

Improving your house need not be costly. There are many inexpensive ways to improve your house’s value. Look for small things that you can improve on. Move on to major fixes and refurbs when you have the time and resources. Your house is your investment and you need to ensure that it gives you great value all the time whether you are planning to sell it or live in it for a long time.

For more information stay connect with us on Tapitata.com

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Trending Top 5 Web Technology to Promote Your YouTube Video and Drive Traffic

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twitter

Do you want to get your message out there through a YouTube video? Many people think that after they film what they have in mind and put it on one of the largest platforms for video sharing, somehow everyone will see it.

However, in reality, this is a more complicated process. Getting exposure and becoming visible to the wider audience requires a bit of knowledge and determination. Luckily, the Internet, as a place with countless possibilities, has you covered. You should just know which sites to turn to for an efficient YouTube promotion.

That’s why we are here! Stay with us as we look into the top five platforms that are worth considering.

The List of 5 Social Media Websites That Can Boost Traffic

1. YouTube

The audience on YouTube is stellar. With millions of users, it gives you an opportunity to show your video to a large group and receive the needed engagement. The platform offers multiple options for promoting like commenting on other people’s videos and asking them to check out yours, subscribing to more channels, especially those that cover similar topics like you, putting your video in playlists, and even hosting contests on your channel so that more people visit it and see your videos.

2. Vidorange

We’ll kick this list off with Vidorange, which operates as a promoting platform that incorporates multiple services. Starting from increasing the number of views to the engagement, it provides an organic promotion of your YouTube videos. You are only required to create an account, provide the links of the videos you want to be promoted and state your target audience.

3. Facebook

Facebook is definitely one of the biggest social media platforms out there. Therefore, your video can be promoted there in numerous ways. All you should do is create a page or a profile where you can share it and then spread the word of its existence around. There are groups you can join and where you can share the video, other popular pages with large following bases, the comments section, and so on. You can even pay an affordable price to boost your video.

4. Twitter

Many people are on Twitter, too. So, it’s a nice idea to grab the link to your YouTube video and share it there. Compose a short yet compelling tweet that will make people curious about your video and post it. Note that hashtags can help you a lot with improving the visibility on this platform.

5. Instagram

Finally, we have one of the fastest growing social media platforms. As more users join every day, the chances of getting exposure for your video are increasing. What’s useful about Instagram, is that it has its own Instagram TV designed specifically for showing videos to the public. As with the other sites, you should consider adding hashtags and following famous profiles with many followers on them. Aside from this, you can try posting snippets of your video on your story, inviting people to check out the full one on YouTube.

Final Remarks

Now we go to you! Tell us all about your experience with this matter in the comments.

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Business

All you need to know about Ajman Free Zone license and cost

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Ajman Free Zone is present at a very strategic location of the Arabian gulf entrance. It was established in 1988 with an independent status.

AFZA serves eastern and western markets

People love to start their businesses in free zones because they know the free zones come with great benefits and advantages. That is why people love to business setup in Ajman free zone. Ajman Free Zone is one of the free zones which attracts both the eastern and western markets. This is because the benefits are huge and the costs are minimal.

Location

We have discussed before that Ajman Free Zone is located at a very strategic location. We call it strategic because it is just 30 minutes away from Dubai and just 10 minutes away from Sharjah which makes accessibility as a great opportunity here in Ajman Free Zone. Due to this, the 2 of the main airports are near which helps the people in feeling ease during transportation of goods and products.

Ajman free zone trade license cost

If we compare the cost of business setup in Ajman with other free zones, we come to know that we get a lot of cost-saving benefits n Ajman Free Zone which are not there in other free zones. The pricing schemes are very competitive where there are no hidden charges or fees for the businesses.

BENEFITS

Here are the benefits that you will get if you start your business in Ajman free zone

Bank Accounts

If a company setup in Ajman complete, it will be able to open its own bank account in UAE. This will help the company in easy money transactions.

Employees and investors visa provision.

The company will be able to provide the resident or employment visas to the investors and the employees who will work with the company.

Duty charges exemption

If a company is established in Ajman free zone, it will be able to enjoy 100% legal exemption from all the duty charges no matter whether they are of import or export duties.

Cheap energy

We know that the companies have to pay a lot of energy charges but this will not happen to the companies in Ajman free zone. The manufacturing businesses which require more energy will be able to reap the fruits of cheap energy in a great way.

Land Lease

The foreign investors will be able to get the land on lease for about 20 years. In addition to that, the company will be able to renew the lease for about another 20 years too.

Office space

If you start your business in Ajman free zone, you will be able to have your own office space from where you will be able to work and provide your services and products.

100 %Ownership

With all other advantages, you will be able to own your business wholly without any other’s interference. With full foreign ownership, you will be able to get full capital and profit repatriation in Ajman free zone.

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NZ Investment Has Taken the Finance World by Storm

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We live in a time when it’s widely believed that money makes the world spin around. And this is mostly true, which is why the finance sector is thriving, especially with the appearance of new companies with fresh ideas and practices.

NZ Investment is one of these. Since it was founded, it has worked as a trusted investment partner, working in the field of crypto mining algorithms, creating farms for mining the new currencies as well as trading with them. As an all-inclusive investment package, it has caught the attention of many people and continues to do so.

Among its latest additions is the affiliate program through which you can get a significant reward if you convince other investors to register through the special affiliate link you’ll get after creating an account yourself. Interested to learn more news about the best Europe finance company? Read on.

Why It’s the Best in Its Field

Not all companies can obtain the title best Europe finance company. This takes a lot of energy, time, and assets, which NZ Investment obviously has. The company has gone above and beyond to ensure that its investors get the best services and compensation for their investment. In fact, the 4,000 current members can attest to that.

Thanks to the variety of investment plans, there is something for everyone, which is a real treat nowadays. Not to forget, it lets users invest in Bitcoins, as well. Actually, on the company’s site, you can find out where you can get Bitcoins and only afterward start investing.

Thanks to the variety of investment plans, there is something for everyone, which is a real treat nowadays. Not to forget, it lets users invest in Bitcoins, as well. Actually, on the company’s site, you can find out where you can get Bitcoins and only afterward start investing.

Starting to Use Its Services

Connected to what we previously mentioned, if an investment company wants to rise on the top as NZ Investment did, it needs regulated procedures and easy to understand processes for using all the services. Understandably, NZ Investment as the best Europe finance company has these two things.

For starters, its investors have absolute protection from malware and other unwanted dangers. Recently, it introduced the option for instant withdrawals of the funds they have, thus enabling them to feel financially secure at all times. As for utilizing everything it has to offer, NZ Investment simplifies the process to bits. Yes, it basically consists of a few steps like:

  • Creating an account in order to be able to invest, access your funds, make a deposit, take advantage of the tools for promotion as well as receive payments and commissions from the affiliate programs
  • Making a deposit so that you can officially become an investment partner
  • Gaining profit and after it’s accrued being able to withdraw it

A Final Word

We need companies like NZ Investment in our lives. With so many sources of income and ways to invest money, people need a place where they know that everything is in one place. So far, this company fares well on the financial stage and attract many investors daily. So, we have a question for you. Do you use Bitcoins? Do you invest them? Or you plan to try this? Share your opinions and experiences with us.

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