ERIKSEN GROUP
phone
x x x
 

Blog

Posts Tagged ‘Mount Prospect’

Explaining Texas v. U.S.: A Guide to the 5th Circuit Appeal in the Case Challenging the ACA

Wednesday, July 24th, 2019

KFF.org reports:

“On July 9, 2019, the U.S. Court of Appeals for the 5th Circuit will hear oral argument in Texas v. U.S., the next round of litigation challenging the Affordable Care Act (ACA). The appeals court is reviewing a federal trial court’s decision that the ACA’s minimum essential coverage provision (known as the individual mandate) is unconstitutional and, as a result, requires the entire ACA to be overturned. The individual mandate provides that most people must maintain a minimum level of health insurance coverage; those who do not do so must pay a financial penalty (known as the shared responsibility payment) to the IRS. The individual mandate was upheld as a constitutional exercise of Congress’ taxing power by a five member majority of the U.S. Supreme Court in NFIB v. Sebelius in 2012.

(more…)

Most Americans want lower health care costs, not ‘Medicare for All’ or Obamacare repeal

Monday, May 20th, 2019

CNN Politics reports:

“Washington may be obsessed with enacting “Medicare for All” or repealing Obamacare, but Americans have other priorities.

They want Congress to prioritize reducing health care costs and protecting those with pre-existing conditions, according to a Kaiser Family Foundation poll released Wednesday.

(more…)

IRS Grants Extension for 6055 and 6056 Reporting

Tuesday, January 26th, 2016

According to United Healthcare, Broker Connection Special Edition:

“On Dec. 28, 2015, the IRS announced that it is granting an automatic extension for the 2015 information returns required of insurers, employers and certain other providers of Minimum Essential Coverage (MEC) under Section 6055 and 6056 of the Internal Revenue Code (IRC).

Coverage providers that need more time now have until March 31 to get Form 1095 to individuals and until June 30 to electronically file with the IRS. For providers not filing electronically, the deadline is May 31, 2016. (more…)

Feds close insurance loopholes on preventive care

Thursday, June 25th, 2015

Yahoo Finance reports:

” From contraception to colonoscopies, the Obama administration Monday closed a series of insurance loopholes on coverage of preventive care.

(more…)

Five States To Get Early Access To Small Business Health Insurance Marketplace

Wednesday, September 10th, 2014

Kaiser Health News reports:

“Businesses in five states will get an early look at the federal health insurance marketplace for small businesses, the Centers for Medicare and Medicaid announced Wednesday.

The states are Missouri, Illinois, Ohio, New Jersey and Delaware.

Businesses with fewer than 50 full-time workers in those states will be able to access the Small Business Health Options Program, or SHOP, in late October, ahead of the Nov. 15 start of open enrollment.

The five states were selected based on the agency’s analysis of state insurance markets and the availability of employee choice, among other factors, a department official said.

(more…)

PPACA preventive services not so free

Wednesday, September 3rd, 2014

Benefits Pro reports:

“The U.S. Department of Health and Human Services (HHS) made the Patient Protection and Affordable Care Act (PPACA) basic preventive services package famous by putting a controversial mandate — for “free” birth control benefits — in the package.

Consumer groups say patients are having trouble using the other, less controversial benefits in the package, such as access to checkups, vaccinations and some cancer screenings.

(more…)

More than 10 million sought ACA enrollment help outside of brokers

Wednesday, July 30th, 2014

Virginia Health Innovation Network reports:

“More than 10 million people sought help outside of brokerages and agencies during the Affordable Care Acts first open-enrollment period, but benefit adviser help was still considered by many to be most valuable.

SourceMedia’s Partner Insights program enables marketers to deliver relevant content and insights directly to the Employee Benefit News audience via SourceMedia’s digital media platforms. Partner Insights content is produced by the marketer. An estimated 10.6 million people nationally received personal help from navigators and assisters during the ACAs first open enrollment period, according to a new Kaiser Family foundation survey of navigators and assister programs. The survey estimates that the 4,400 assister programs operating nationally had an estimated 28,000 full-time staff and volunteers, suggesting each assister would have helped more than 370 people on average during the six-month open enrollment period that ran from Oct. 1, 2013 through March 31, 2014.

(more…)

4 Good Reasons Why Small Businesses Are Dropping Health Insurance

Thursday, June 12th, 2014

Inc.com reports:

“So far, few small businesses have signed up for group health insurance through the new exchanges created by Obamacare. Here’s why.

The Obama administration has been touting its success at getting 8 million Americans signed up for individual health plans through new health-insurance marketplaces. But so far, it has kept mum about the number of small businesses that have enrolled in group plans via SHOP marketplaces, designed to help companies with 50 or fewer full-time-equivalent employees find affordable coverage. These federally-run exchanges are the default option in 34 states that declined to manage their own insurance marketplaces.

(more…)

Newsletter Signup

Free Consultation
image_questions
Change Your Broker
 
x x x