ERIKSEN GROUP
phone
x x x
 

Blog

Posts Tagged ‘Berwyn’

Trump Administration Sharply Cuts Spending on Health Law Enrollment

Tuesday, September 19th, 2017

The NY Times reports:

“The Trump administration is slashing spending on advertising and promotion for enrollment under the Affordable Care Act, a move some critics charged was a blatant attempt to sabotage the law.

Officials with the Department of Health and Human Services, who insisted on not being identified during a conference call with reporters, said on Thursday that the advertising budget for the open enrollment period that starts in November would be cut to $10 million, compared with $100 million spent by the Obama administration last year, a drop of 90 percent. Additionally, grants to about 100 nonprofit groups, known as navigators, that help people enroll in health plans offered by the insurance marketplaces will be cut to a total of $36 million, from about $63 million.

(more…)

A new kind of doctor’s office charges a monthly fee and doesn’t take insurance — and it could be the future of medicine

Friday, March 24th, 2017

Yahoo Finance reports:

“Dr. Bryan Hill spent his career working as a pediatrician, teaching at a university, and working at a hospital. But in March 2016, he decided he no longer wanted a boss.

He took some time off, then one day he got a call asking if he’d be up for doing a house call for a woman whose son was sick. He agreed, and by the end of that visit, he realized he wanted to treat patients without dealing with any of the insurance requirements.

(more…)

Ready or not, it’s time to pick your best health plan

Monday, October 31st, 2016

The Chicago Tribune reports:

“With the annual sign-up period for plans on the health law’s marketplaces starting Nov. 1, many consumers are worried about rising premiums, shrinking provider networks and the departure of major insurers such as UnitedHealthcare, Aetna and Humana from many exchanges.

(more…)

Judge’s comments signal another legal nightmare for health reform law

Monday, July 13th, 2015

Business Insurance reports:

“It looks like the Obama administration may have another big legal headache in defending the Affordable Care Act.

A Republican-appointed judge’s comments Thursday suggest that it’s very possible the administration will have to fight a new high-stakes court battle to save another key affordable coverage feature of the law. (more…)

A $394 million Obamacare tax for Illinois

Thursday, June 25th, 2015

Crain’s Chicago Business reports:

“There’s more than a touch of absurdity in the way an industry fee in President Barack Obama’s health care law is being passed along to state taxpayers.

As Alice in Wonderland might say, a curious tax just got curiouser. The burden to states could mount to $13 billion in less than a decade.

(more…)

More than 100,000 in SC could lose health insurance if Supreme Court rules against subsidies

Wednesday, April 22nd, 2015

The State reports:

“Tim Liszewski didn’t have health insurance for a decade before signing up for a subsidized policy through the Affordable Care Act’s federal marketplace last year.

He likely will be uninsured again if the U.S. Supreme Court rules federal subsidies are illegal in states such as South Carolina that didn’t create their own insurance exchanges. The court hears arguments about that issue in the King v. Burwell case on Wednesday, with a decision likely coming in June.

(more…)

Even U of C Medicine and Rush have health insurance problems

Friday, February 27th, 2015

Crain’s Chicago Business reports:

“Proving that no one is immune to the changes sweeping the health care industry, two of Chicago’s most prestigious teaching hospitals are being dinged by insurance companies trying to control costs.

Humana is ending a 20-year relationship with University of Chicago Medicine, which will be eliminated from the insurer’s networks April 1.

(more…)

Why Can’t Employers Pay For Employees To Go To The Exchanges?

Wednesday, December 17th, 2014

Health Insurance Exchange reports:

“On November 6, the Department of Labor issued FAQ Part 22, which directly addresses some recent efforts by employers to reimburse employees for participation in the exchange through Code Section 105, or through some type of other arrangement.  Here are the questions, with shortened answers.

(more…)

Modified Adjusted Gross Income under the Affordable Care Act

Monday, November 3rd, 2014

For individual/family plans, what is included in household income for subsidy determination? How do I know what to state for my income to determine subsidies?

Household income includes incomes of the taxpayer, spouse, and dependents. In determining eligibility for exchange subsidies, income will be based on your attestation of your expected income in 2015 and will be verified by the exchange with documentation from your most recent tax return, with consideration of reasonable changes you expect. Exchanges will calculate enrollees’ household incomes using Modified Adjusted Gross Income, or MAGI.  The MAGI calculation includes such income sources as wages, salary, foreign income, interest, dividends, and Social Security. MAGI calculation does not include income from gifts, inheritance and some other income sources are partially excluded. More information on MAGI is available here

MAGI_summary13

Newsletter Signup

Free Consultation
image_questions
Change Your Broker
 
x x x