Latest News + Info
The latest information relating to the health insurance industry.
How the Obamacare Penalty Will Affect Your 2014 Taxes
The Motley Fool reports: "Ever since the passage of the Patient Protection and Affordable Care Act, better known as Obamacare, critics have cited the penalties that the law imposes on those who don't have qualifying healthcare coverage. Yet, with those provisions not...
Individual mandate raises taxing questions
BenefitsPro reports: "2015 marks the first year that taxpayers will have to prove they have health insurance or, if they don’t, they’ll have to pay a penalty. But how is the proof presented? About half the adult population might not know the answer to this, according...
State health insurance exchange scuttled in Illinois
The Quad-City Times reports: "An 11th-hour bid to establish a state-based health insurance exchange fell short Wednesday when the Illinois House adjourned for the remainder of the year without bringing the matter for a vote. Against the backdrop of a federal deadline...
High deductible plans have more people delaying treatment
Yahoo Finance reports: "As the cost of health care rises, more and more Americans in nearly every economic class are choosing to delay medical treatment because they can’t afford it. A new Gallup poll released Friday found that about one in three Americans say they...
The risk in rushing an Illinois health exchange
The Chicago Tribune reports: "Tns of thousands of Illinois residents will sign up for coverage under Obamacare over the next few months. Many of them wouldn't be able to afford the insurance without a federal subsidy to help pay the premiums. Those subsidies, however,...
Turning 21? Here’s How To Avoid A Big Hike In Health Insurance Premiums
Kaiser Health News reports: "For young people, turning 21 is generally a reason to celebrate reaching adulthood. If they’re insured through the federal health insurance marketplace that operates in about three dozen states, however, their birthday could mean a...
House Sues Obama Over Health Care Law
Time reports: ""The House has an obligation to stand up for the Constitution" House Republicans sued the Obama Administration on Friday over how it has implemented the health care reform law, taking legal action after threatening to do so for months. The House sued...
Employers reducing spousal, family coverage
Benefits Pro reports: "The evidence continues to mount that mid-to-large corporations will fine-tune, but won’t abandon, employee health plans. A Towers Watson survey of 379 companies in that size range found, among other trends, that companies believe in providing...
Why Can’t Employers Pay For Employees To Go To The Exchanges?
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...
Challenge to Obamacare gets Supreme Court review
Chicago Health Care Daily reports: "The U.S. Supreme Court agreed to consider a challenge to the subsidies that are a linchpin of President Barack Obama’s health-care overhaul, accepting a case that suddenly puts the law under a new legal cloud. Two years after...