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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...

IRS may never recoup $350 million in Obamacare tax credit overpayments

by Eriksen Insurance | Sep 16, 2015 | Affordable Care Act, Subsidy

The Washington Times reports: “A quirk in the law means the IRS will never be able to recoup nearly $350 million in overpayments on Obamacare tax credits last year, and one top senator says he is worried that fraudsters will exploit the loophole to wring more...

PPACA dropouts cut enrollment by 1.5 million

by Eriksen Insurance | Jul 13, 2015 | Health Care .gov, Health Insurance News, Insurance Reform

Benefits Pro reports: ” About 1.5 million people dropped off health insurance coverage rolls this year after failing to pay for policies they picked on the Obamacare marketplaces. That left 10.2 million covered by Affordable Care Act policies as of March 31, up...

Making government our last resort

by Eriksen Insurance | May 4, 2015 | Heath Care Costs, Insurance Reform

Indiana Economic Digest reports: “We’ve found yet another reason to mistrust a government bureaucracy that takes money citizens earned and treats citizens like serfs. The government class often act like the put upon factory foremen, whether it is making the sick...

Ready for a 255% premium hike?

by Eriksen Insurance | Mar 2, 2015 | Affordable Care Act, Subsidy

Benefits Pro reports: “Supreme Court ruling killing PPACA subsidies may cause premiums to skyrocket. If the U.S. Supreme Court rules that federal subsidies under the Patient Protection and Affordable Care Act are invalid, 7.5 million Americans could face an...
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