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Will Consumers Be Able to Understand Health Exchanges?

by Eriksen Insurance | Apr 10, 2013 | Exchange

Forbes reports: “Now that states have decided what they are going to do about health insurance exchanges—those new shopping carts created by Obamacare to help consumers find health insurance who do not get it through their employers—the really tough part...

Health insurance exchanges: Be ready to be overwhelmed

by Eriksen Insurance | Apr 2, 2013 | Insurance Reform

NBC News reports: “Twenty-four states now have been approved to set up their own health insurance exchanges, just seven months before people can start to enroll. That leaves the federal government to run 26 exchanges according to its own rules. No one’s quite...

House Republicans renew health care reform law repeal efforts

by Eriksen Insurance | Mar 26, 2013 | Insurance Reform

Business Insurance reports: “Republican leaders in the House of Representatives are making a new push to repeal the health care reform law.A budget proposal advanced by Rep. Paul Ryan, R-Wis., chairman of the House Budget Committee, says the Patient Protection...

Why Premiums Will Change for People Who Now Have Nongroup Insurance

by Eriksen Insurance | Mar 19, 2013 | Insurance Reform

Kaiser Family Foundation reports: “The federal government recently released draft regulations that address the benefits, market rules, and rating practices for nongroup coverage. Before reform, the nongroup market was widely acknowledged to be broken, with...

Calculation of modified adjusted gross income (MAGI)

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...
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