by Eriksen Insurance | Mar 5, 2013 | Insurance Reform
How is modified adjusted gross income (MAGI) calculated? Generally, your modified adjusted gross income (MAGI) is the total of your adjusted gross income and tax-exempt interest income you may have. These are the amounts on lines 37 and 8b of IRS from 1040. Some...
by Eriksen Insurance | Mar 5, 2013 | Insurance Reform, Requirements
Courier-Journal reports: “If you are young and healthy, get ready to pay more for health insurance when the Affordable Care Act goes into effect next year, Humana CEO Bruce Broussard said Thursday. In a speech before the Rotary Club of Louisville, Broussard...
by Eriksen Insurance | Mar 5, 2013 | Insurance Reform
By now it is not news that starting 2014 every American is expected to have Health Insurance or pay a penalty, called the individual shared responsibility penalty. Lets go through the What? Who? Where? When? How? And Why? What is the penalty? The penalty...
by Eriksen Insurance | Mar 1, 2013 | Insurance Reform
HHS.gov reports: “Affordable health coverage to be available to Illinoisans in 2014 During a visit with Illinois Governor Pat Quinn to the Erie Health Center in Chicago today, Health and Human Services (HHS) Secretary Kathleen Sebelius announced that Illinois...
by Eriksen Insurance | Mar 1, 2013 | Insurance Reform
Chicago Health Care Daily reports: “U.S. Health and Human Services Secretary Kathleen Sebelius will appear in Chicago today to kick off the rebranding of health insurance exchanges as “marketplaces” for health coverage. A key part of President Barack...
by Eriksen Insurance | Mar 1, 2013 | Insurance Reform
Business Insurance reports: “Despite increased costs and opposition to the health care reform law, the overwhelming majority of employers intend to keep providing health care coverage for their employees, according to a Business Insurance survey.Eighty-two...
