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Closer Look: New health care law offers mix of costs, savings for Illinois’ Medicaid program

by Eriksen Insurance | Jul 16, 2012 | Illinois, Insurance Reform

The Republic reports: “CHICAGO — As the dust settles from the U.S. Supreme Court’s momentous decision on health care, top state leaders have faced off with conflicting figures about the cost to Illinois of expanded Medicaid coverage. President Barack...

Noncompliance with health care reform act could be costly

by Eriksen Insurance | Jul 16, 2012 | Insurance Reform

Business Insurance reports: “Noncompliance of any provisions of this landmark health care reform, whether inadvertent or intentional, could be costly for employers, legal experts warn. “One thing that the regulatory agencies have said is they’re not...

Health care reform and taxes: A refresher course

by Eriksen Insurance | Jul 9, 2012 | Insurance Reform

Birmingham Business Journal reports: “Take it from the U.S. Supreme Court: Health care reform wasn’t just an overhaul of the insurance market, it also was a major piece of tax legislation. That’s why now is a good time to review all of the tax provisions in the...

A 3.8 Percent “Sales Tax” on Your Home?

by Eriksen Insurance | Jul 9, 2012 | Insurance Reform

Fact Check.org reports: “Q: Does the new health care law impose a 3.8 percent tax on profits from selling your home? A: No, with very few exceptions. The first $250,000 in profit from the sale of a personal residence won’t be taxed, or the first $500,000 in the...

Governor says state going forward with expanding Medicaid

by Eriksen Insurance | Jul 9, 2012 | Illinois, Insurance Reform

The Rock River Times reports: “SPRINGFIELD, Ill. — The U.S. Supreme Court upheld the national health-care law June 28, but justices apparently left some wiggle room for cash-strapped states such as Illinois. The ruling shrunk the stick President Barack Obama can...
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