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Many HSAs could trigger Cadillac tax

by Eriksen Insurance | Jul 13, 2015 | Health Insurance Cost

Benefits Pro reports: “As more organizations study the Cadillac tax’s implications, it’s becoming clearer that even plans more along the lines of a Ford Focus could trigger the payment. And while there’s growing opposition to the tax, with pressure on the Obama...

Employer Paid Individual Health Insurance Policies Create the Potential for Significant Penalties, but Limited Relief is Available

by Eriksen Insurance | Jun 25, 2015 | Health Insurance Cost, Insurance Reform

National Law Review reports: “Despite guidance from the Internal Revenue Service (“IRS”), the Department of Labor (“DOL”) and the Department of Health and Human Services (“HHS”) indicating the prohibition of the practice under the Affordable Care Act (“ACA”),...

Even U of C Medicine and Rush have health insurance problems

by Eriksen Insurance | Feb 27, 2015 | Health Insurance Cost, Illinois

Crain’s Chicago Business reports: “Proving that no one is immune to the changes sweeping the health care industry, two of Chicago’s most prestigious teaching hospitals are being dinged by insurance companies trying to control costs. Humana is ending...

Should I Choose A High Or Low Deductible Health Insurance Plan?

by Eriksen Insurance | Jan 13, 2015 | Health Insurance Cost

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....

Why Can’t Employers Pay For Employees To Go To The Exchanges?

by Eriksen Insurance | Dec 17, 2014 | Health Insurance Cost, Heath Care Costs, Small Business

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...

Employer Shared Responsibility Payments and Reporting Requirements Under the Affordable Care Act: Code Sections 6055 and 6056

by Eriksen Insurance | Oct 3, 2014 | Health Insurance Cost

The National Law Review reports: “There are two types of employer shared responsibility payments, also known as pay or play penalties, under the Affordable Care Act (ACA).  The first penalty under Internal Revenue Code (Code) Section 4980H(a) is the penalty for...
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