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Posts Tagged ‘Bannockburn’

Trump Is Being Vague About What He Wants to Replace Obamacare. But There Are Clues.

Tuesday, April 9th, 2019

The New York Times reports:

“We don’t know what will emerge as President Trump’s plan to replace Obamacare, which he has promised to unveil immediately after the 2020 elections. But he has recently endorsed several proposals, and they could provide clues.

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4 Surprising Things Medicare Doesn’t Cover (and How You Can Pay for Them)

Wednesday, March 8th, 2017

The Motley Fool reports:

“Medicare covers more than 54 million beneficiaries, around 77% of whom are happy with their insurance. Yet this vital social program doesn’t cover every single beneficiary’s needs. If you’re covered by Medicare, or will be soon, it’s important to understand both its benefits and its limitations.

Medicare Part A pays for inpatient hospital care, skilled nursing care, hospice care, and home healthcare. Part B covers 80% of most routine care, but many Medicare recipients eventually experience a health need Medicare won’t cover. It helps to know what kinds of things Medicare won’t pay for and plan ahead for costs.

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Tax Scams Are Targeting Uninsured, I.R.S. Warns

Monday, March 21st, 2016

The New York Times reports:

“The Internal Revenue Service is warning consumers about tax scams involving the Affordable Care Act and penalties imposed under the law on people who go without health insurance.

In some cases, the agency said, unscrupulous tax preparers tell clients to pay the penalties directly to them, and they keep the money.

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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.

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How much will Apple bite into consumer health?

Monday, November 3rd, 2014

Benefits Pro reports:

“Apple’s recent moves in the health and wellness technology segment are not yet on the level of game-changers such as the iPod and the iPhone. But the coming release of the Apple Watch and the company’s HealthKit app has people talking — and competitors watching carefully.

The company’s latest piece of hardware, the Apple Watch, is not the first of its kind. But it’s likely to be the gold standard, due partly to Apple’s well-polished marketing machine and partly to some truly innovative and useful features.

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Most employers to reject private exchanges

Friday, October 17th, 2014

Benefits Pro reports:

“Oops. The private exchange juggernaut may have just hit a bump in the road to success.

Myriad studies have tried to fathom whether major employers will decide to shift their employees to the growing number of private health exchanges. Some research has suggested shifting workers to a private exchange model will result in health coverage cost savings for employers.

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Smart Apps vs. Obamacare

Wednesday, September 3rd, 2014

Insurance News Net reports:

“The Affordable Care Act locks in the status quo, but new technology is making health care cheaper and more individualized.

Health care costs in the U.S. have been rising so steadily for so long that containment barely seems possible. Even optimists don’t dream of cutting the price tag. As its official name-the Patient Protection and Affordable Care Act-suggests, Obamacare aims for affordability, not radical reduction.

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Feds release draft tax forms for employer compliance with ACA

Wednesday, July 30th, 2014

Benefits News reports:

“The Internal Revenue Service on Thursday released drafts of the forms employers will use to report on health coverage they offer to their employees, unveiling a glimpse of the administrative onus in store for benefit advisers and their employer clients working to comply with the Affordable Care Act.

Despite continuing calls to further delay the mandate and confusion about employer shared responsibility requirements following conflicting court rulings just this week on ACA subsidies offered on the federal exchange, the IRS posted to its website draft forms for employers and individuals to use when reporting their health coverage starting in 2015.

(more…)

Ask Kim: buying health insurance in the off-season

Tuesday, July 15th, 2014

Chicago Tribune reports:

“I’m leaving my job in a few months and moving to New York. Can I get new health insurance even though open enrollment is over? Yes. Even though open enrollment for individual health insurance is closed until November 15, 2014, you can buy a new policy now (either on a state exchange or directly from an insurer or agent) if you move or experience certain other “life changes,” including getting married or divorced, having or adopting a baby, and losing other health insurance. You generally have 60 days from the date of the event to buy a new policy. (more…)

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