SIGN-UP NOW! Click to become a The VoiceAmerica Talk Member for Free!
voiceamerica-business radio logo
Apple logo Google Play Store Kindle store
BizZne$$ BuzZ and BizZne$$ Watch

BizZne$$ BuzZ and BizZne$$ Watch

Wednesday at 10 AM Pacific

July 7th 2021: CalSavers . . .The Obamacare of Retirement in the State of CA

They say that words have meaning. My show today is again like turning the clock back to a different era when health insurance was structured more with the employer in charge and not the government/ medical community. Enter the word . . . Mandated. The synonyms of this word are quite startling, because they depict something other than what the politicians intend in their rhetoric that they purvey upon us all. Mandation is another word for command, decree, order, dictate. In the early 1970’s (HMO Act of 1973) during my insurance career, my secretary walked into my office and informed me th

Read more
Download PDF DOWNLOAD PDF
Get Code GET CODE

Tune in

Wednesday at 10 AM Pacific Time on VoiceAmerica Business Channel
LISTEN LIVE
EPISODE ON DEMAND
VIEW HOST PAGE
Questions? Comments?
Call In Live! Call-In
Toll Free:  1-866-472-5790
Intl:  001-480-398-3352

Featured Guest

Guest Image

Scott Smith

Scott got his start in investment advising in 1987, after he finished his three-year service in the U.S. Army, where he worked in data telecommunications. After relocating to San Diego with his wife, also an Army veteran, who he met while stationed at the Pentagon together, Scott began work in the IT field with the San Diego Superior Court, where he worked for ten years before starting Compass Financial, LLC, in 2007 and transitioning full-time to investment advising. His favorite clients are his two daughters, one a graduate of Virginia Tech School of Architecture, and the other a nuclear electrician with the U.S. Navy. He launched Compass Financial, LLC, to help people achieve financial
Read more

Share This Episode

facebook Share On Facebook
twitter Share On Twitter
Linkedin Share On LinkedIn
Share Email Share this E-mail
https://www.voiceamerica.com/show/3966/bizzne-buzz-and-bizzne-watch 20/05/2024 06:00 20/05/2024 07:00 BizZne$$ BuzZ and BizZne$$ Watch https://www.voiceamerica.com/show/3966/bizzne-buzz-and-bizzne-watch They say that words have meaning. My show today is again like turning the clock back to a different era when health insurance was structured more with the employer in charge and not the government/ medical community. Enter the word . . . Mandated. The synonyms of this word are quite startling, because they depict something other than what the politicians intend in their rhetoric that they purvey upon us all. Mandation is another word for command, decree, order, dictate. In the early 1970’s (HMO Act of 1973) during my insurance career, my secretary walked into my office and informed me that Washington, DC was on the line to speak to me. My agency had a good deal of group medical business on the books and Congress had recently passed legislation to fund Federally Subsidized Health, now commonly knows as HMO’s. I was going to be sent a roster of companies within a certain geographical areas of employers/companies with 25 or more employee’s to contact and relay to them this alternative in healthcare delivery and I was given the authority of “Mandation” to the extent that they MUST MEET WITH MY AGENTS. Fast forward to 2021 that incursion into the benefits realm of employer entities has now grown to a national healthcare infrastructure known as Obamacare. The Supreme Court now for the 3 time has ratified that healthcare in America and it appears that the argument for elimination has now faded into the sunset of failed attempts to remove it. There is an old saying that “Salary Attracts and Benefits Retain”. This is a truism in Employee interface and up until now has been left to the discretion and generosity of the employer in providing these benefits to his/her employee workforce. Not any longer. Today, my guest and I will be exploring a new move in the State of CA known as CalSavers. This is now a mandated regulation that will require all employers by June of 2022 to comply with the procurement of a retirement platform for their employee’s whether they like it or not, eventually down to 5 employee’s or more! You don’t want to miss this show as we will be dealing with another decree from Sacramento that less than 1% of the Small Businesses in CA are informed about. What you don’t know, can be devastating! Join us as we uncover what is on the horizon for ALL Small Businesses in the State of CA! Mandated . . . do you like that word? VoiceAmerica | Talk Radio | Online Talk Radio studio@voiceamerica.com false DD/MM/YYYY Add to Calendar
Email Host Email the Host

Connect with VoiceAmerica

Download our mobile apps
App store Google play Blackberry store
Facebook Twitter Linkedin Social Media
presspass-banner