One-Fourth of Employers Offering Health Benefits Will Be Hit With ACA's 'Cadillac Tax'

California Healthline on August 26, 2015 at 4:00:00 pm in Health Care Waiting Room 
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One in four employers offering health care benefits will be subject to the Affordable Care Act's (ACA) so-called "Cadillac tax" in 2018, and 42 percent of employers will be affected a decade after that, according to the Kaiser Family Foundation. Under the ACA, employers that offer health plans with annual premiums of more than $10,200 for individuals or $27,500 for families will pay a 40 percent excise tax on the portion of the premiums that exceeds those thresholds. The tax is set to take effect on Jan. 1, 2018. Some employers could begin making changes to benefits now to avoid the tax.

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Letís Go After the 2024 Olympics

Gary Toebben on August 26, 2015 at 9:00:00 am in The Business Perspective 
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A Los Angeles bid to host the 2024 Summer Olympics needs to be submitted prior to Labor Day and the Los Angeles Area Chamber of Commerce is pledging its support to Mayor Eric Garcetti and Bid Committee Chairman Casey Wasserman. The endorsement was provided by the Chamber’s Executive Committee, in a unanimous vote, at its meeting last week.

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Balancing Climate Change and Job Displacements

Gary Toebben on August 25, 2015 at 9:00:00 am in The Business Perspective 
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Public opinion polls show that Californians are concerned about jobs. They are also concerned about climate change and there is a tail-wind of support behind two bills in the legislature to reduce greenhouse gas emissions: SB 32 by Senator Fran Pavley and SB 350 by Senate pro temp Kevin deLeon.

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Connecting Leaders to Drive Change Throughout California

Gary Toebben on August 18, 2015 at 9:00:00 am in The Business Perspective 
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Drought, job creation, education, immigration reform and climate change – California has no shortage of critical issues and challenges. But it also has is an abundance of opportunity.

 

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California's Aging Population Could Strain Health Care System

California Healthline on August 12, 2015 at 10:00:00 am in Health Care Waiting Room 
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California's health care system could struggle to meet the demand of the state's growing aging population, according to two new reports, the Sacramento Bee's "Capitol Alert" reports.

Details of CHCF Report

According to a report by the California HealthCare Foundation (CHCF), California's population of residents ages 65 or older is projected to more than double by 2040. As a result, that population's demand for health care services will increase, but the effects will be disproportionate depending on service type and location.

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It's A New Day for MLK Community Hospital

Gary Toebben on August 11, 2015 at 9:00:00 am in The Business Perspective 
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Many individuals and organizations were applauded last Friday during the official dedication of the new Martin Luther King, Jr. Community Hospital (MLKCH) in Willowbrook-Watts. And for good reason. It took a symphony of people and organizations, coming together in harmony, to raise this new community, privately-run, safety net hospital from the ashes.

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A Gold Medal for Los Angeles

Gary Toebben on August 4, 2015 at 9:00:00 am in The Business Perspective 
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During my nine years in Southern California, I have never been prouder of the City and County of Los Angeles. From the Opening Ceremony on July 25 to the Closing Ceremony this past Sunday, the 2015 Special Olympics World Games celebrated the importance of inclusion, courage, personal effort, civic generosity and volunteer spirit. To capture a glimpse of this nine day celebration, take a moment to view this video shown at the Closing Ceremony.

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Report Highlights Importance of California's Social Safety Net for Children's Health

Michelle Rosenfeld, California Healthline Editor on July 29, 2015 at 10:00:00 am in Health Care Waiting Room 
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About 2.3 million California children live in poverty -- but that number would go up by 1.28 million if the state's social safety net programs were not available, according to a report from the Public Policy Institute of California.

Although government assistance is available for so many, wide variations in enrollment from county to county have led to disparities, according to the PPIC report released earlier this year.

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California Economy Needs A Strong Education Bill From Congress

Gary Toebben on July 28, 2015 at 9:00:00 am in The Business Perspective 
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For California to maintain its position as the 8th largest economy in the world, our education system needs to prepare ALL students for a competitive workplace. California is making progress by implementing substantial changes to our educational standards, better testing and accountability systems, and granting local control over funding. California high school graduation rates have improved from 75 percent in 2010 to an all-time high of 81 percent in 2014. We are on the right track.

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Unemployment Rates For Los Angeles Tell A Disappointing Story

Gary Toebben on July 22, 2015 at 9:00:00 am in The Business Perspective 
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Last Friday, the California Employment Development Department released the Employment Report for June. The California unemployment rate stands at 6.3 percent, the County of Los Angeles is 7.4 percent and the City of Los Angeles is 7.7 percent. The U.S. unemployment rate is 5.3 percent. While all of these numbers are better than a year ago, the growth in jobs in L.A. City and County is lagging far behind other metropolitan counties in California. Here are the comparisons: San Francisco – 3.5 percent; Alameda (Oakland) - 4.6 percent; San Diego – 5.0 percent; Orange – 4.3 percent; Santa Clara (San Jose) – 4.0 percent. All of these metro counties have a lower unemployment rate than the United States except L.A. County. 

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