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4 Surprising Things Medicare Doesn’t Cover (and How You Can Pay for Them)

by Eriksen Insurance | Mar 8, 2017 | Medicare

The Motley Fool reports: “Medicare covers more than 54 million beneficiaries, around 77% of whom are happy with their insurance. Yet this vital social program doesn’t cover every single beneficiary’s needs. If you’re covered by Medicare, or...

Ready or not, it’s time to pick your best health plan

by Eriksen Insurance | Oct 31, 2016 | 2017 Open Enrollment

The Chicago Tribune reports: “With the annual sign-up period for plans on the health law’s marketplaces starting Nov. 1, many consumers are worried about rising premiums, shrinking provider networks and the departure of major insurers such as...

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...

Coming soon to your mailbox: An Obamacare tax form

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

According to The CT Mirror: “Even if you don’t get your health insurance through Obamacare, you’re likely to get something related to the health law in the mail in the coming weeks: A new tax form. Known as Form 1095, it’s part of the way the federal government...
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