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Small Firms’ Offer of Plan Choices Under Health Law Delayed

by Eriksen Insurance | Apr 4, 2013 | Exchange, Insurance Reform

The New York Times reports: “Unable to meet tight deadlines in the new health care law, the Obama administration is delaying parts of a program intended to provide affordable health insurance to small businesses and their employees — a major selling point for...

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...

Questions and Answers on Employer Shared Responsibility Provisions Under the Affordable Care Act

by Eriksen Insurance | Mar 7, 2013 | Requirements

The IRS has a great page full of questions and answers for the ACA. Follow the link below to their page that is constantly updated. Click here

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...

New Rates and Extended Policy Benefit Periods for Temporary Policies Are Available Now

by Eriksen Insurance | Mar 5, 2013 | Blue Cross and Blue Shield, Individual Health Insurance

The Aug. 1, 2012, rates for new and renewing SelecTEMP® PPO policies for one-to-six month benefit period options are continued for effective dates Feb 1, 2013, and later. Now, for effective dates Feb. 1, 2013, or later, a new benefit period option of up to 11 months...
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