Latest News + Info
The latest information relating to the health insurance industry.
Employer Paid Individual Health Insurance Policies Create the Potential for Significant Penalties, but Limited Relief is Available
National Law Review reports: "Despite guidance from the Internal Revenue Service (“IRS”), the Department of Labor (“DOL”) and the Department of Health and Human Services (“HHS”) indicating the prohibition of the practice under the Affordable Care Act (“ACA”), some...
Annual family health costs hit nearly $25K
Benefits Pro reports: "A family of four with employer-sponsored health coverage is shelling out substantially more since the advent of the Patient Protection and Affordable Care Act. The cost of family coverage also is rising so fast that even this standard employee...
A $394 million Obamacare tax for Illinois
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...
IRS sets 2016 HSA limits
Benefits Pro reports: "The IRS said it is raising the maximum allowable contribution to a health savings account by $100 in 2016 — but only for families. The IRS quietly announced last week that the maximum contribution that can be made next year to an HSA linked to a...
Feds close insurance loopholes on preventive care
Yahoo Finance reports: " From contraception to colonoscopies, the Obama administration Monday closed a series of insurance loopholes on coverage of preventive care. The department of Health and Human Services said insurers must cover at least one birth control option...
The Employer Shared Responsibility Payment
Healthcare.gov reports: "The Employer Shared Responsibility Payment applies to some businesses with 50 or more full-time employees who don't offer insurance, or whose coverage doesn't meet certain minimum standards. Regulations announced in 2014 have updated the...
The Employer Shared Responsibility Payment
HealthCare.gov reports: "The Employer Shared Responsibility Payment applies to some businesses with 50 or more full-time employees who don't offer insurance, or whose coverage doesn't meet certain minimum standards. Regulations announced in 2014 have updated the...
Assurant to sell money-losing health insurance operations
Modern Healthcare reports: "Insurance giant Assurant is looking to sell its health insurance division, Assurant Health—a company that has been active on the Affordable Care Act exchanges but has hemorrhaged tens of millions of dollars. It's likely another insurer will...
Making government our last resort
Indiana Economic Digest reports: "We’ve found yet another reason to mistrust a government bureaucracy that takes money citizens earned and treats citizens like serfs. The government class often act like the put upon factory foremen, whether it is making the sick wait...
Making government our last resort
Indiana Economic Digest reports: "We’ve found yet another reason to mistrust a government bureaucracy that takes money citizens earned and treats citizens like serfs. The government class often act like the put upon factory foremen, whether it is making the sick wait...