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​What you need to know about Obamacare tax forms

by Eriksen Insurance | Jan 11, 2016 | Affordable Care Act, Health Insurance News

CBS Rports: Tax filing is getting even more complicated. The Affordable Care Act (ACA) requires employers and health insurance companies to give the IRS information about your income and health insurance coverage. So, the IRS has created three new tax forms, and...

IRS may never recoup $350 million in Obamacare tax credit overpayments

by Eriksen Insurance | Sep 16, 2015 | Affordable Care Act, Subsidy

The Washington Times reports: “A quirk in the law means the IRS will never be able to recoup nearly $350 million in overpayments on Obamacare tax credits last year, and one top senator says he is worried that fraudsters will exploit the loophole to wring more...

Untangling The Many Deductibles Of Health Insurance

by Eriksen Insurance | Sep 16, 2015 | Affordable Care Act, Family Health Insurance

NPR reports: “Sure, there’s a deductible with your health insurance. But then what’s the hospital deductible? Your insurer may have multiple deductibles, and it pays to know which apply when. These questions and answers tackle deductibles, whether an...

Illinois Medicaid enrollment jumps under Obamacare

by Eriksen Insurance | Sep 16, 2015 | Affordable Care Act, Medicaid

Crain’s Chicago Business reports: ” Illinois is among a dozen states where the number of new enrollees surpassed projections for the expansion of Medicaid under Obamacare. While the surge in signups lifts the number of insured people, it has also stoked...

Annual family health costs hit nearly $25K

by Eriksen Insurance | Jun 25, 2015 | Affordable Care Act, Family Health Insurance

Benefits Pro reports: “A family of four with employer-sponsored health coverage is shelling out substantially more since the advent of the Patient Protection and Affordable Care Act. The cost of family coverage also is rising so fast that even this standard...

A $394 million Obamacare tax for Illinois

by Eriksen Insurance | Jun 25, 2015 | Affordable Care Act, Illinois

Crain’s Chicago Business reports: “There’s more than a touch of absurdity in the way an industry fee in President Barack Obama’s health care law is being passed along to state taxpayers. As Alice in Wonderland might say, a curious tax just got...
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