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Why You Still Absolutely Need Health Insurance Despite the Death of the Penalty

by Eriksen Insurance | May 20, 2019 | Health Insurance News

Yahoo Finance reports: “Starting in 2019, you’ll no longer owe a fine to the IRS if you don’t have qualifying health insurance coverage. While the Affordable Care Act, or Obamacare, imposed a tax penalty for those who opted out of coverage, the...

A Rare Loss for U.S. Pharma Lobby Will Cost the Industry Billions

by Eriksen Insurance | Apr 9, 2018 | Medicare

Bloomberg reports: “Deep in a budget deal Congress passed earlier this year — just 118 words in Section 53116, a little before passages on prison reporting data and payment yields for seed cotton — was a hit to pharmaceutical companies that will cost...

Illinois insurers seek premium increases of up to 45%

by Eriksen Insurance | Aug 2, 2016 | Health Insurance Cost

The Chicago Sun Times reports: “Health insurance premiums for Illinois residents who buy coverage through the Affordable Care Act’s marketplace could increase by as much as 45 percent according to proposals submitted by insurers and made public Monday. The...

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...

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...
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