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Help Squad: Will Medicaid errors result in $4K tax penalty for couple?

by Eriksen Insurance | Jun 30, 2016 | Affordable Care Act, Health Care .gov

The Chicago Tribune reports: “Dear Help Squad, I hope you can help us get the documents we need so our health insurance is not canceled. For 2015, we signed up for medical insurance through the health care marketplace. The agent who assisted us determined our...

Blue Cross Blue Shield Confirms Obamacare Death Spiral

by Eriksen Insurance | Apr 28, 2016 | Affordable Care Act, Blue Cross and Blue Shield

According to The Beacon: ” The Blue Cross and Blue Shield Association, which represents 36 Blue Cross and Blue Shield plans covering 105 million Americans, has just released a study of its members’ claims data in Obamacare exchanges 2014 and 2015. It confirms...

How Obamacare Makes Tax Filing Trickier

by Eriksen Insurance | Apr 21, 2016 | Affordable Care Act

According to Time Inc. “Many Americans will get new tax forms for the first time. Here’s what to do with them.   This year, you may be receiving tax forms you’ve never seen before, all thanks to the Affordable Care Act, aka Obamacare. For the most...

Illinois Obamacare plan crippled by losses

by Eriksen Insurance | Apr 21, 2016 | Affordable Care Act, Heath Care Costs

According to Crain’s Chicago Business  ” The operating losses continue to mount at struggling Land of Lincoln Health, totaling $90.8 million for the Obamacare health plan in 2015. That net loss is almost five times greater than the Chicago-based startup...

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...
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