Modified Adjusted Gross Income under the Affordable Care Act

by Eriksen Insurance | Nov 3, 2014 | Uncategorized

For individual/family plans, what is included in household income for subsidy determination? How do I know what to state for my income to determine subsidies? Household income includes incomes of the taxpayer, spouse, and dependents. In determining eligibility for...

There Are 30 Ways to Avoid the Penalty for Not Buying Health Insurance

by Eriksen Insurance | Oct 17, 2014 | Health Reform

Yahoo Finance reports: “Tens of millions of Americans without health insurance risk being fined by the IRS as part of the Affordable Care Act, which imposes a tax penalty on those who didn’t purchase medical insurance. But tax experts say up to 20 million people...

Wal-Mart cuts health benefits for some part-timers

by Eriksen Insurance | Oct 17, 2014 | Group Health Insurance

Yahoo Finance reports: “Wal-Mart Stores Inc. plans to eliminate health insurance coverage for some of its part-time U.S. employees in a move aimed at controlling rising health care costs of the nation’s largest private employer. Wal-Mart told The...

U.S. Cannot Subsidize Health Plans in States With No Marketplace, a Judge Rules

by Eriksen Insurance | Oct 3, 2014 | Health Reform

The New York Times reports: “A federal district judge in Oklahoma dealt a blow to the Affordable Care Act on Tuesday, ruling that the federal government could not subsidize health insurance in three dozen states that refused to establish their own marketplaces....

Employers not interested in PPACA exchanges

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

Benefits Pro reports: “Nearly one in four employers say they may move their employees toprivate exchanges within the next few years, but virtually none of them are considering public exchanges under the Patient Protection and Affordable Care Act, new analysis...