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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...

Feds tighten when people can enroll in Obamacare plans

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

According to USA Today: “Bowing to pressure from insurers, federal officials on Tuesday tightened the conditions under which people can sign up for plans on the HealthCare.govexchange outside open enrollment. The move by the Centers for Medicare and Medicaid...

Millions choose IRS fines as more affordable than health coverage

by Eriksen Insurance | Jan 11, 2016 | Affordable Care Act, Family Health Insurance

The New York Times Reports: “Despite a 29 percent increase in the number of people enrolled in Obamacare, plenty of healthy holdouts remain, and their resistance helps explain why insurers are worried about the financial viability of the exchanges over time. The...

Will Only Suckers Pay The ObamaCare Tax Penalty?

by Eriksen Insurance | Feb 27, 2015 | Insurance Reform

Investor’s Business Daily reports: “This year, as many as 6 million taxpayers will learn that they now owe a “Shared Responsibility Payment” because they didn’t have health insurance last year. The SRP is a clumsy euphemism for the...

Employer Shared Responsibility

by Eriksen Insurance | Feb 27, 2015 | Affordable Care Act, Small Business

Generally, under Employer Shared Responsibility (ESR), applicable large employers (generally, employers with 50 or more full-time employees, including full-time equivalents) face a potential penalty if they don’t offer minimum essential coverage to full-time employees...
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