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...
by Eriksen Insurance | Jan 14, 2013 | Health Laws
The American Taxpayer Relief Act (the legislative response to the “fiscal cliff”), which the House and Senate passed on New Year’s Day and President Barack Obama signed late Wednesday, includes some changes to the Affordable Care Act (ACA) and Medicare physician...
by Eriksen Insurance | Jan 3, 2013 | Insurance Reform
Five new tax increases take effect today to help pay for the nation’s health care overhaul. The new measures are slated to raise $24.2 billion next year and more than $258 billion through 2019, according to the Joint Committee on Taxation. Here’s a look at...
by Eriksen Insurance | Jan 2, 2013 | Insurance Reform
Benefits Pro reports: “America has a real problem with its health care system. And in a time of true health reform, one big problem isn’t being addressed. We don’t have enough doctors. “This is a very real problem,” says Mitchell Best, COO and vice president of...
by Eriksen Insurance | Dec 26, 2012 | Insurance Reform
The Associated Press reports: “Starting in 2014, President Barack Obama’shealth care law will expand coverage to some 30 million uninsured people. At the same time, insurers no longer will be allowed to turn away those in poor health, and virtually every...