Welcome! Login | Register
 

VIDEO: Dirtiest College Basketball Play Ever - Nichols Player Takes Vicious Elbow—VIDEO: Dirtiest College Basketball Play Ever - Nichols…

Two Arrested for Gun Possession, Traffic Violations in Leominster—Two Arrested for Gun Possession, Traffic Violations in…

Former MA Gov. Dukakis to Speak at Blackstone Valley Chamber of Commerce’Meeting—Former MA Gov. Dukakis to Speak at Blackstone…

DUI Checkpoint in Worcester for November 16 & 17—DUI Checkpoint in Worcester for November 16 &…

81 Blackstone Valley Tech Students Earn John & Abigail Adams Scholarships—81 Blackstone Valley Tech Students Earn John &…

Holy Cross Falls to Providence 70-61—Holy Cross Falls to Providence 70-61

Chef Walter’s Flavors + Knowledge: Salmon With Mushrooms—Chef Walter's Flavors + Knowledge: Salmon With Mushrooms

Whitcomb: Amazon’s Brilliant Ploy; America’s Minority Rule; Terror in Pawtucket; Try Common Sense—Whitcomb: Amazon’s Brilliant Ploy; America’s Minority Rule; Terror…

Worcester Research Bureau Releases Immigration Report—Worcester Research Bureau Releases Immigration Report

Former Mob Enforcer Tillinghast Says He Hopes Bulger’s Killer “Gets Away With It”—Former Mob Enforcer Tillinghast Says He Hopes Bulger's…

 
 

BBB’s 9 Tips on Being a Savvy Consumer in 2015

Thursday, January 01, 2015

 

The Better Business Bureau has released nine tips on how to be a savvy consumer in the year 2015. 

The tips are as follows:

  • Keep your computer safe. Just like you wouldn't trust an infomercial claiming you'll lose 40 lbs. in a week by drinking fruit punch, you can't trust every e-mail and attachment you receive in your inbox.
  • Do your research. Much like scanning the nutritional facts on the back of a food product, it's important to do your research on companies as a consumer.
  • Protect your identity. You wouldn't put your social security and family photos on your resume, so why give it away to perfect strangers? 
  • Get everything in writing. You wouldn't accept a new job without getting the salary and benefits in writing, and the same applies for all business transactions.
  • Limit what you share on social media. You'd never walk around in public wearing a t-shirt with your address on it, but people use social media in this manner every day!
  • Shop on trustworthy websites. Would you buy an extremely expensive piece of jewelry from a stranger on the street? Shopping online on unknown websites is no different. 
  • Never wire money to someone you don't know. You wouldn't give cash to a stranger at the mall and trust them to pay your utility bill, would you? Wiring money to strangers is no different.
  • Beware of "job" offers to make easy money. This tip fits right in with New Year's job searchers. Beware of any job offer, work-at-home scheme or business opportunity that promises big money for little work and no experience. Look up companies at http://www.bbb.org before you apply for any job. 
  • Ask the BBB for help. 
 

Related Slideshow: 14 Biggest Business Stories of 2014

Prev Next

The 9 Richest Families in New England

Forbes put out a list of the '185 Clans with Billion Dollar Fortunes,' and in September, GoLocal Worcester presented the Nine Richest Families in New England.

In Massachusetts, the richest familyis Boston's Edward-Johnson clan -the 5th overall in the country at $39 billion.  Families that own supermarket chains and convenience stores are the next wealthiest in Masschusetts. In New England, construction and apparel companies are making the wealthiest of the list.

See Full Story Here

Prev Next

Health Insurance Subsidy Battle

In November, the U.S. Supreme Court said they would hear a challenge over the ACA tax credits filed in 36 states that subsidize health insurance purchased by people on federal exchanges.

The challenged was filed by four Virginia residents.

According to the GoLocal Worcester report, "a Supreme Court ruling against the administration would mean that more than half of the 7.3 million people who have bought Obamacare policies aren’t entitled to the subsidies they are receiving."

See Full Story Here

Prev Next

Double-Digit Premium Increases in Past?

In September, GoLocal Worcester reported that the Kaiser Family Foundation and the Health Research and Educational Trust released a new study on employer health benefits.

According to the study, the average annual premiums for employer-sponsored family coverage went up 3% from 2013.

See Full Story Here

Prev Next

IRS Regulates Small Business Tax Credit

On June 30, the IRS released its final regulations on tax credits for small businesses. The rule established eligibility requirements for the tax credit. 

One change to the regulation included that employers must purchase coverage through the Small Business Health Options Program (“SHOP”) Exchange.

See Full Story Here

Prev Next

Telegram Sold to Halifax Media Corp

In May, the Telegram and Gazette was sold to the Halifax Media Corporation out of Dayton Beach, Florida. Halfiax purchased the paper from John Henry, who had bought it in 2013. 

Halifax CEO Michael Redding said, "The T&G is an excellent local newspaper with a dedicated and talented staff. In 2012, we acquired the Regional Media Group newspapers of the New York Times, so the T&G will be aligned again with their former New York Times papers and will join the outstanding teams at Halifax. We look forward to the upcoming closing of the transaction."

See Full Story Here

Prev Next

HSAs Continue to Rise in Popularity

In August, GoLocal Worcester reported that a survey released by  by America’s Health Insurance Plans (AHIP) revealed that Health Savings Accounts (HSAs) experienced double-digit growth over last year.

According to the report, "enrollment in HSA-eligible insurance plans now stands at nearly 17.4 million, up about 12 percent since 2013. On average, enrollment in HAS plans has grown 15 percent annually since 2011."

See Full Story Here

Prev Next

Remember to Provide SBCs at Enrollment

In September, GoLocal Worcester reminded employers to remember to provide to their employees a Summary of Benefits and Coverage (SBC) during the 2015 open enrollment period.  

The SBC must be provide by group health plan sponsors to the covered employees each year by the first day of open enrollment.

See Full Story Here

Prev Next

Security Expert Speaks in Worcester

This fall, Aaron Portnoy, a world-renowned security expert spoke at the Worcester Economic Club (WEC) during the club's 2014-2015 Speaker Series.

The 534th annual meeting featuring Portnoy was held on November 19 at the College of the Holy Cross.

See Full Story Here

Prev Next

Dental and Vision Don't Count for PPAC

In October, GoLocal Worcester reported that the IRS, DOL, and HHS issued final regulations on 'excepted benefits' as vision and dental benefits. This means they are exempt from certain health care reform requirements.

Previously, vision and dental benefits were excepted if they were limited in scope and either provided under a separate policy, certification or insurance contract or not otherwise an integral part of a group health plan.

See Full Story Here

Prev Next

Hardship Exemptions from Mandate

Earlier this month, GoLocal Worcester reported that the IRS issued Notice 2014-76 that included information on getting a hardship exemption from the individual mandate for health insurance coverage.

According to the report, "The mandate, created by the Affordable Care Act, requires individuals to have minimum essential health coverage for themselves and their dependents or include an individual shared responsibility payment with their federal income tax return – unless they qualify for an exemption."

See Full Story Here

Prev Next

Are Skinny Plans Becoming a Big Draw?

Under the employer mandate provision of the Affordable Care Act (ACA), employers with 50 or more full-time employees must provide minimum value, affordable coverage – or face a penalty. To comply with this provision, one option that seems to be gaining traction among these employers is the “skinny” plan.

A skinny plan is a non-minimal value plan, meaning, it provides medical care but doesn’t meet the requirement that participants pay not more than 40% of covered medical expenses. That means employers can just offer employees preventative services or other non-catastrophic coverage.

See Full Story Here

Prev Next

Telegram Sold Third Time in 14 Months

In November, the Halifax Media Corporation sold the Telegram and Gazette after purchasing it only six months earlier. According to the report, "The new owners are GateHouse Media's acquisition parent company which purchased the Providence Journal this year."

This would be the third time the T&G was sold in fourteen months. It was previously purchased by John Henry in August of 2013. Henry sold it to Halifax this past May.

See Full Story Here

Prev Next

Regs. Issued on Contraceptive Coverage

In September, GoLocal Worcester reported that two regulations on contraceptive coverage were issued by the Department of Health and Human Services (HHS), the Department of Labor (DOL) and the Treasury.

The first regulation is on how certain closely held for-profit organizations can exclude some or all contraceptive coverage. The second, is about eligible organizations’ communication for opting out of contraceptive coverage.

See Full Story Here

Prev Next

Wescott Out at WTAG

In August, Paul Wescott left WTAG. Wescott was Jim Polito's replacement, who moved on to FOX- TV in Boston.

At the time, Wescott said he would continue his digital show at ConnectPal.

See Full Story Here

 
 

Related Articles

 

Enjoy this post? Share it with others.

 
Delivered Free Every
Day to Your Inbox