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Obamacare Encounters Another Bump in the Road

by Eriksen Insurance | Apr 28, 2016 | Affordable Care Act, Exchange, Health Insurance News, Insurance Reform

According to News Max Finance: ” Well, the hammer has fallen: The largest health insurer in the U.S. has started pulling out of select Obamacare exchanges. Five months ago UnitedHealth, which had been singing sunny songs to investors about its bright future on...

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...

IRS Grants Extension for 6055 and 6056 Reporting

by Eriksen Insurance | Jan 26, 2016 | Individual Health Insurance, Open Enrollment

According to United Healthcare, Broker Connection Special Edition: “On Dec. 28, 2015, the IRS announced that it is granting an automatic extension for the 2015 information returns required of insurers, employers and certain other providers of Minimum Essential...

Healthcare.gov CEO says insurance marketplace’s complexity argues for agents

by Eriksen Insurance | Jan 26, 2016 | Affordable Care Act, Health Insurance News

According to The Advocate: “The Affordable Care Act is confusing and complicated, which means that health insurance agents and brokers are needed to help consumers pick the best plans for them, Kevin Counihan, chief executive officer of Healthcare.gov, said...
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