Latest News + Info
The latest information relating to the health insurance industry.
U.S. government unveils goal to move Medicare away from fee-for-service
Yahoo News reports: "The Obama administration on Monday unveiled an ambitious plan to control health costs by moving the $2.9 trillion U.S. health systems away from costly fee-for-service medicine, beginning with the Medicare program for the elderly and disabled. By...
How To Report to the IRS About Health Coverage Under Obamacare
Small Business Trends reports: "This year as you complete your federal income tax return, you’ll need to provide extra information, due to Obamacare. The Affordable Care Act will require one of three things for the 2014 tax year: If you had health coverage for the...
Health Care Penalties In 2015: How To Avoid Obamacare Fee And Report Insurance Status To IRS
International Business Times reports: "Millions of Americans who forwent buying health insurance in 2014 could face penalties in the coming year, the first such fees since open enrollment under the Affordable Care Act, or Obamacare, began in October 2013. The fine is...
Obamacare-Created Insurer Goes Under, Is Taken Over By The State
The Daily Caller reports: "An Obamacare-created and taxpayer-funded insurance company in Iowa has been taken over by the state due to a financial crisis. CoOportunity Health is Iowa’s insurance cooperative — a nonprofit insurance company created by the Affordable Care...
Should I Choose A High Or Low Deductible Health Insurance Plan?
Forbes reports: "Question: I am shopping the federal Marketplace for a new health insurance plan. Though I understand the basics of health insurance, deductibles have me confused. I am the sole breadwinner, living in Houston with a wife and two young children. All of...
Will Jonathan Gruber Topple Obamacare?
Politico Magazine reports: "Why the hell did Jonathan Gruber say that? And that? And that? And (sigh) the other thing? Those are the questions on the minds of virtually everyone in the health care world—especially the people who worked the hardest on Obamacare. Ever...
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...