Wednesday, March 24, 2010

32 million Americans are currently uninsured.

Overview health care reform bill
Purchase insurance from anywhere or pay either $750 or 2% of their income, whichever is greater. Exemptions would be granted for those in financial hardship which is measured using the poverty line.

The federal government regulation would make plans provide a minimum of amount of benefits but not a maximum. It would also implement consumer protections and an appeals process for consumers who want to dispute the decisions of their insurance companies on individual coverage.
Plan can not discriminate based on pre-existing exclusions, must spend a high percentage of their premiums on actual care (around 80%), and that they follow certain consumer protection laws. In addition plans could no longer limit how much costs they are willing to cover. In the past insurance companies would be able to limit their liability to $300,000 for example and stop paying once that limit was reached.

Businesses with less than 50 employees would be exempted from providing coverage.Small businesses would be allowed to join forces in order to purchase insurance for their employees. In other words five small businesses could all negotiate with an insurance company together in order to get a lower rate as big businesses currently do.

Overall the bill was projected to save a little over $100 billion in the first ten years of its existence and well over $700 billion after that. Those projections were done by the non-partisan Congressional Budget Office.

Wednesday, March 17, 2010

Temporary vs Contract Workers

The difference between a Temporary employee and a Contractor simply is temporaries are hourly employees and contractors are exempt employees with a level of decision making authority.

People may not realize that there are thousands of companies in desperate need of skilled employees even in this economy. But, to land a job over the competition, you still have to work smarter. Good jobs aren't on the market very long. If you have been unemployed for a while consider a temporary or contract role...

There are good reasons to pursue a contract/temporary role:
1: Test drive a job/industry before committing time and money to training
2: Fill a gap on a resume and keep busy while job searching. This is very important; recruiters can't see past these Gaps fill it with something such as volunteer work and put it on your resume. Be excited to talk about it at the interview
3: Lets face it if you're a working candidate you are more attractive to future employers