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Susan Smith-Harmon

Susan Smith-Harmon

Health insurance exchange enrollment begins Oct. 1

Monday, 23 September 2013 04:35 Published in Local News

   On October 1st, the federally mandated health insurance exchanges open enrollment.  And that includes Missouri.  

   State voters passed a law last year that effectively barred the governor from setting up an insurance exchange, but that doesn't mean there isn't one.  

   The federal government will operate Missouri’s online marketplace, which is currently being set up.  The federal website, healthcare.gov says it will be ready in time for enrollment to begin.  

   Under the new healthcare law, those who don't have insurance through their employers, schools, parents, a private policy or a public plan like Medicaid or Medicare will face fines next year.  And many of them are expected to be young adults.  The St. Louis Post Dispatch reports that 25% of young adults in the Missouri are currently uninsured.  

   Illinois did set up a health insurance exchange.  

   Residents in both Missouri and Illinois can get more information about affordable coverage at healthcare.gov.  

 

Analysis: Fees to rise on some Mo. consumer loans

Monday, 23 September 2013 03:35 Published in Local News

   JEFFERSON CITY, Mo. (AP) - Fees will be rising on some consumer loans under a law enacted when Missouri legislators overrode a veto by Governor Jay Nixon.

   The fee increase will primarily affect smaller loans that are repaid over several months or years. It's not meant to affect payday loans, which can last no more than 31 days.

   The measure doubles the origination fee that lenders can charge from 5 percent to 10 percent of the principal. But it leaves in place a $75 fee ceiling. The means lenders can charge the full 10 percent fee only on loans of up to $750 and can collect a few more dollars on loans of up to $1,500.

   Lending industry lobbyists describe it as a minor change. But some consumer advocates don't like the new law.

 

Affordable Care Act bringing 600 jobs to Wentzville

Monday, 23 September 2013 00:04 Published in Local News

   Hundreds of new jobs are coming to the St. Louis area because of the Affordable Care Act.

   The contract service company, Serco is hiring 600 people in Wentzville to do health insurance processing.  Serco is a private firm that specializes in providing management, technical and other services to the federal government.

   Starting today (Monday) through Friday Serco representatives will be meeting with job applicants at the National Information Solutions Cooperative at One Innovation Circle in Lake St. Louis. The company is asking that applications be submitted online at Serco's website.  

   Anyone who wants to apply in person can do so on Friday only, from 8:00 a.m. to 5:00 p.m. 

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