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IRS Grants Extension for 6055 and 6056 Reporting

by Eriksen Insurance | Jan 26, 2016 | Individual Health Insurance, Open Enrollment

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...

Coming soon to your mailbox: An Obamacare tax form

by Eriksen Insurance | Jan 26, 2016 | Affordable Care Act, Health Insurance News, Heath Care Costs

According to The CT Mirror: “Even if you don’t get your health insurance through Obamacare, you’re likely to get something related to the health law in the mail in the coming weeks: A new tax form. Known as Form 1095, it’s part of the way the federal government...

Humana to Record 2016 Obamacare Shortfall, Membership Drops

by Eriksen Insurance | Jan 26, 2016 | Affordable Care Act, Health Insurance News, Individual Health Insurance

According to Bloomberg Business: “Humana Inc. is the latest insurer to run into trouble in Obamacare’s individual health-insurance markets. The health insurer said that it probably won’t collect enough money to cover costs for some customers who bought...

Feds tighten when people can enroll in Obamacare plans

by Eriksen Insurance | Jan 26, 2016 | Affordable Care Act, Health Insurance News, Open Enrollment

According to USA Today: “Bowing to pressure from insurers, federal officials on Tuesday tightened the conditions under which people can sign up for plans on the HealthCare.govexchange outside open enrollment. The move by the Centers for Medicare and Medicaid...

Here’s What Medicare Part B Costs and Covers in 2016

by Eriksen Insurance | Jan 26, 2016 | Medicare

According to The Motley Fool: “Learn how this part of the Medicare program works.  Retirees rely on Medicare to help them with their healthcare expenses, but getting a better understanding of how the program’s different components can be challenging....
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