The battle is over and the Affordable Care Act is indeed law. Now what? How will it affect those within the trucking industry? Many are faced with this question and will need to understand in order to make an informed decision prior to the March 31st deadline.
Owner operators, company drivers, and trucking companies (who will be mandated in 2015 to provide coverage) will all need to know their options. Motor carriers, depending on the number of employees, will be required to offer health insurance.
What about cost, is it affordable? What other options do we have? What happens if you refuse coverage? How do you Calculate your AGI to see if you're eligible? What is the “On Exchange” and “Off Exchange?" What happens if carriers do not offer coverage to their employees? What will happen to those employees whose coverage is dropped by the employer?
Even for those who disagree with the act, knowing the facts will help to comprehend how this law will impact you, your family, and even you career.
Regardless of how one feels about the Health Law, it is one's responsibility to make educated choices based on information from those who provide insurance for the health industry and actually have knowledge of the trucking industry.
Tom Smith of CDL Consultant joins us as our special guest to share his knowledge and expertise in this serious and important decision-making.