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...
by Eriksen Insurance | Mar 2, 2015 | Affordable Care Act, Subsidy
Benefits Pro reports: “Supreme Court ruling killing PPACA subsidies may cause premiums to skyrocket. If the U.S. Supreme Court rules that federal subsidies under the Patient Protection and Affordable Care Act are invalid, 7.5 million Americans could face an...
by Eriksen Insurance | Jul 17, 2014 | Insurance Reform, Subsidy
USA Today reports: “The Affordable Care Act (ACA), aka Obamacare, provides subsidies to Americans making up to 400% of the poverty level, about $94,200 for a family of four. Can you juggle finances to best cash in on subsidies? Rather than limiting subsidies to...
by Eriksen Insurance | Jun 26, 2014 | Health Insurance Cost, Subsidy
The Chicago Tribune reports: “Individuals receiving monthly premium subsidies to pay for health coverage purchased on the new exchanges should keep their eye out for Uncle Sam. You could owe a big tax bill on your 2014 return next spring if your income rises...
by Eriksen Insurance | Jul 19, 2013 | Insurance Reform, Subsidy
Chicago Tribune reports: “As health care reform kicks into high gear, many Americans are asking: Will I qualify for a government subsidy to buy health insurance under the new health care law, and when do the changes kick in? Eligibility depends on your income,...