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"Commiserative Edition"
From the Wharton Leadership Digest, December 2001 - By Colonel James E. Moschgat, Commander of the 12th Operations Group, 12th Flying Training Wing, Randolph Air Force Base, Texas
Friends,
Like you I was saddened by the news that Leo Linbeck, Jr. has passed away. Leo was a great man, astute businessman, and great fighter. In 2008, I had the opportunity to introduce Leo before a collection of business leaders. My remarks are as true today as they were in 2008, though you are forgiven if you do not remember the movie 300:
In late May, "Covered California" triumphantly announced that its rates for individuals next year under the ACA "will range from 2 percent more to 29 percent less than what comparable plans cost this year." They also produced a pretty chart (at right) to go with it.
Blue Cross and Blue Shield of Texas (BCBSTX) released a statement today that after lengthy contract negotiations with Memorial Hermann, the Houston-area hospital group will no longer be a part of the BCBSTX BlueChoice® PPO/POS, HMO Blue® Texas, Traditional/Par Plan and Blue Medicare Advantage networks effective July 1, 2013.
Beginning Jan. 1, 2014, individuals and employees of small businesses will have access to insurance coverage through the Affordable Care Act’s (ACA) health insurance exchanges (Exchanges). Open enrollment under the Exchanges will begin on Oct. 1, 2013.
ACA requires employers to provide all new hires and current employees with a written notice about ACA’s Exchanges. This requirement is found in Section 18B of the Fair Labor Standards Act (FLSA).
On May 8, 2013, the Department of Labor (DOL) released Technical Release 2013-02 to provide temporary guidance on the Exchange notice requirement. This temporary guidance will remain in effect until the DOL issues regulations or other guidance. According to the DOL, future regulations or other guidance will provide employers with adequate time to comply with any additional or modified requirements.