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Everything you need to know about your car insurance deductible + MORE Mar 12th
If you just bought a new vehicle or are reviewing your insurance coverage needs, you may have questions about your deductible. Questions like: How does a car insurance deductible work? Do I need one? Will my premiums be affected? And, how much will it cost me? Once you understand the basics, you can.... More »
Why your home insurance rates are rising May 23rd
(Photo illustration by C.J. Burton)
At first glance, James Arnold looks like an insurance company’s dream client. The Richmond, B.C., resident has owned his current home for almost two decades, been with the same insurance company for over 15 years, and in all those years he’s never made a claim.... More »
How much does it cost to insure an electric car? + MORE Mar 20th
Electric vehicles (EVs) are quickly zipping into the hearts and driveways of motorists across Canada, so you might be asking yourself how much it costs to insure one. While EVs remain fairly expensive to purchase compared to traditional gasoline- or diesel-powered vehicles, they offer some unique ad.... More »
The best credit cards for seniors in Canada in 2024 Aug 28th
What are the best credit cards for seniors in Canada? That was a question we recently received from a reader, and while credit cards are more about an individual’s unique spending habits and the benefits they find most useful in a credit card than age, we still thought we could help. With this in .... More »
Anne T. Donahue: How I Stopped Romanticizing the Millennial Obsession With Productivity Jun 5th
In November 2019, I got in a car accident. Driving home to Cambridge, Ont. from Toronto one evening, I crashed into a car that had, seconds before, crashed into somebody else. All parties involved were lucky: No injuries were life-altering. My insurance would help me replace my totalled car, and the.... More »
5 Senate Democrats in group calling for easing health care law’s small business mandate
– canadianbusiness.com
WASHINGTON – Several Senate Democrats want to eliminate a requirement in the health care law for companies to provide coverage if they have fewer than 100 workers.
The current cutoff is 50 employees, although the Obama administration has suspended the so-called small business mandate temporarily. The legislation would mean an estimated 98 per cent of businesses could decline to provide insurance without fear of a penalty.
The bill is backed by five Democrats and one independent.
Three of the Democrats are seeking re-election at a time Republicans are emphasizing their demand for repeal of the law. Democratic strategists are urging their candidates to emphasize changes they would make as well as to stress parts they support.
The bill is part of a series of changes the group of lawmakers introduced Thursday.
The post 5 Senate Democrats in group calling for easing health care law’s small business mandate appeared first on Canadian Business.
The current cutoff is 50 employees, although the Obama administration has suspended the so-called small business mandate temporarily. The legislation would mean an estimated 98 per cent of businesses could decline to provide insurance without fear of a penalty.
The bill is backed by five Democrats and one independent.
Three of the Democrats are seeking re-election at a time Republicans are emphasizing their demand for repeal of the law. Democratic strategists are urging their candidates to emphasize changes they would make as well as to stress parts they support.
The bill is part of a series of changes the group of lawmakers introduced Thursday.
The post 5 Senate Democrats in group calling for easing health care law’s small business mandate appeared first on Canadian Business.
Mission accomplished? Obama says more than 6M signed up for health care, meeting target
– canadianbusiness.com
WASHINGTON – Back on track after a stumbling start, President Barack Obama’s health care overhaul reached a milestone Thursday, with more than 6 million Americans signed up for coverage through new insurance markets.
The announcement — four days before open enrolment season ends Monday — fulfills a revised goal set by the Congressional Budget Office and embraced by the White House.
Like much else about Obama’s health care law, it comes with a caveat: The administration has yet to announce how many consumers actually closed the deal by paying their first month’s premium. Some independent estimates are that as many as 10 per cent to 20 per cent have not paid, which would bring the total enrolment to between 5 million and 6 million people.
The White House said the president made the announcement during an international conference call with enrolmentcounsellors and volunteers, while he was travelling in Italy. Administration officials, focused on signing up even more people over the weekend, played down the occasion…
The announcement — four days before open enrolment season ends Monday — fulfills a revised goal set by the Congressional Budget Office and embraced by the White House.
Like much else about Obama’s health care law, it comes with a caveat: The administration has yet to announce how many consumers actually closed the deal by paying their first month’s premium. Some independent estimates are that as many as 10 per cent to 20 per cent have not paid, which would bring the total enrolment to between 5 million and 6 million people.
The White House said the president made the announcement during an international conference call with enrolmentcounsellors and volunteers, while he was travelling in Italy. Administration officials, focused on signing up even more people over the weekend, played down the occasion…
