Vermont employers wrestle with health insurance change
MONTPELIER (AP) -- Many Vermont employers are struggling with the decision whether to continue their workers on health insurance or allow them to buy it individually and take advantage of federal tax credits.
At a forum Wednesday in Montpelier, some employers said the dilemma is especially acute for businesses that have a wide disparity between the highest- and lowest-paid workers.
The comments came during a forum for small business owners looking at the launch of the Vermont Health Connect Health Insurance Exchange.
Business owners say lower-wage employees might be better off with an individual or family plan subsidized by the government, but higher paid employees aren't eligible for subsidies.
The health overhaul law requires employers to make an all-or-nothing decision about coverage.
Co-op returning $850,000 to members
MONTPELIER (AP) -- The Vermont Electric Cooperative is returning $850,000 to members, the first time it's made such a distribution in its 75-year history.
In previous years, the Co-op has reinvested earnings in upgrades to its electrical system and used capital to secure power supply contracts.
The co-op recently adopted new policies that enable "patronage capital" distributions. That's based on the principle that the economic benefits of a cooperative's operation should be returned to its members or reinvested in the co-op.
The distributions apply to members during 1997 and 2012. Active members in good account standing and with patronage capital balances from these years can expect to receive a credit on their bills between now and mid-October.
Vermonters to get first look at ‘Captain Phillips' movie
WILLISTON (AP) -- Vermonters will get a chance to get a first look at the movie "Captain Phillips," about a Vermont cargo ship captain who spent five days as a hostage of Somali pirates.
The public screening is planned for 7:30 p.m. on Oct. 1 in Williston at the Majestic 10, 10 days before its national release.
Captain Richard Phillips of Underhill plans to attend.
The movie is adapted from his 2011 memoir about the April 2009 ordeal.
In the movie, Tom Hanks plays Phillips, who was rescued by Navy SEALs after five days as hostage on a lifeboat.
The sneak preview is a benefit for a fund created in honor of Sarah Ramsey, a Champlain College graduate, who died in June.
Tickets cost $20.
CONCORD, N.H. (AP) -- A majority of a special panel supports the idea of expanding Medicaid to poor adults in New Hampshire but the details of what an expanded program would look like remain to be resolved.
During a discussion Wednesday, the panel agreed New Hampshire would benefit from accepting $2.4 billion in federal funding over seven years beginning Jan. 1. But the group did not make any final decisions and support for recommending that lawmakers expand Medicaid still depends on what the expansion would look like.
Some, like state Sen. Nancy Stiles, want to expand an existing program where the state pays an employee's costs to remain on an employer's private insurance plan. Stiles said she'd like that to be the first option instead of enrolling people onto the existing Medicaid program.