​What you need to know about Obamacare tax forms

by Eriksen Insurance | Jan 11, 2016 | Affordable Care Act, Health Insurance News

CBS Rports: Tax filing is getting even more complicated. The Affordable Care Act (ACA) requires employers and health insurance companies to give the IRS information about your income and health insurance coverage. So, the IRS has created three new tax forms, and...

Employer Shared Responsibility

by Eriksen Insurance | Feb 27, 2015 | Affordable Care Act, Small Business

Generally, under Employer Shared Responsibility (ESR), applicable large employers (generally, employers with 50 or more full-time employees, including full-time equivalents) face a potential penalty if they don’t offer minimum essential coverage to full-time employees...

Ailing Obamacare co-op has an improved diagnosis

by Eriksen Insurance | Feb 10, 2015 | Illinois Health Insurance

Crains Chicago Business reports: “The first year for Illinois’ only co-op health insurance program could be charitably termed as troubled. Established as part of Obamacare, Land of Lincoln Healthaimed to increase competition on the state’s new health...

Employers reducing spousal, family coverage

by Eriksen Insurance | Dec 17, 2014 | Affordable Care Act, Small Business

Benefits Pro reports: “The evidence continues to mount that mid-to-large corporations will fine-tune, but won’t abandon, employee health plans. A Towers Watson survey of 379 companies in that size range found, among other trends, that companies believe in...

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...