by Eriksen Insurance | Nov 3, 2014 | Uncategorized
For individual/family plans, what is included in household income for subsidy determination? How do I know what to state for my income to determine subsidies? Household income includes incomes of the taxpayer, spouse, and dependents. In determining eligibility for...
by Eriksen Insurance | Oct 3, 2014 | Health Reform
The New York Times reports: “A federal district judge in Oklahoma dealt a blow to the Affordable Care Act on Tuesday, ruling that the federal government could not subsidize health insurance in three dozen states that refused to establish their own marketplaces....
by Eriksen Insurance | Oct 3, 2014 | Insurance Reform
Accounting Today reports: “Internal Revenue Service commissioner John Koskinen told a congressional subcommittee about the IRS’s progress on the Affordable Care Act and the impact that tax subsidies will have next tax season. In a hearing before the House Ways...
by Eriksen Insurance | Jul 30, 2014 | Insurance Reform
Benefits Pro reports: “Undercover investigators using fake identities were able to get health insurance and tax subsidies through the federal exchange under the Patient Protection and Affordable Care Act, underscoring ongoing problems and security issues...
by Eriksen Insurance | Jun 26, 2014 | Health Insurance Cost, Subsidy
The Chicago Tribune reports: “Individuals receiving monthly premium subsidies to pay for health coverage purchased on the new exchanges should keep their eye out for Uncle Sam. You could owe a big tax bill on your 2014 return next spring if your income rises...