Latest News + Info
The latest information relating to the health insurance industry.
IRS issues final regulations on health care reform affordability
Business Insurance reports: "Employers will not be hit with a stiff financial penalty and employees will not be eligible for federal premium subsidies to buy coverage in public health insurance exchanges regardless of how much employers charge for family coverage,...
New health care markets on the way
Yahoo News reports: "Buying your own health insurance will never be the same. This fall, new insurance markets called exchanges will open in each state, marking the long-awaited and much-debated debut of President Barack Obama's health care overhaul. The goal is...
Illinois Health Benefit Exchange
The following link is an article which explains how Brokers can help save you money. https://www.erikseninsurance.com/wp-content/uploads/2013/02/HealthReformWhitePaper_Oct11Revision.pdf
Health Care Reform – Adjusted Gross Income VS Modified AGI
Zane Benefits reports: "Modified Adjusted Gross Income is a measure used by the IRS to determine if a taxpayer is eligible to use certain deductions, credits, or retirement plans. Beginning in 2014, individuals who purchase health insurance coverage through one of the...
IRS Issues More “Play or Pay” Guidance
Benefits in Brief reports: "Shortly before 2012 came to an end, the IRS issued proposed regulations and Frequently Asked Questions concerning the employer “play or pay” provisions of the Affordable Care Act (“ACA”). More formally known as the employer “shared...
TurboTax, Not Travelocity, May Be Better Analogy For Health Exchanges
Kaiser Health News reports: "For years, we've been hearing that health insurance exchanges created by the Affordable Care Act are going to be "online marketplaces, like Travelocity" where people will buy health policies like plane tickets. But a consumer focus group...
Smokers face stiff penalties under health care reform
Oregon Live reports: "WASHINGTON — Millions of smokers could be priced out of health insurance because of tobacco penalties in President Barack Obama's health care law, according to experts who are just now teasing out the potential impact of a little-noted provision...
How The New Health Insurance Laws Will Affect You
Illinois Insurance News reports: "The Healthcare Reform Act was passed with quite a bit of controversy surrounding it. Polls consistently showed that the majority of Americans were not satisfied with the bill as it was currently written, and several Democrats voted...
Insurers May Prove Choosy With Exchanges
Insurance News Net reports: "The leader of the nation's largest health insurer warned Thursday not to assume widespread participation from his company in part of health care overhaul's coverage expansion that unfolds later this year. UnitedHealth Group Inc. CEO...
What Employees Should Know About Healthcare Changes Ahead
Insurance Journal reports: "If you like your 401(k) retirement savings account, you’re going to love what healthcare reform does to your employer-provided health care plan. In a post-Obamacare future, expect more employers to adopt defined contribution healthcare...