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Legislation Opens Door for Retirement Match on Student Loan Repayments

by Eriksen Insurance | Jan 3, 2019 | Uncategorized

NAPA net reports: “Sen. Ron Wyden (D-OR), Ranking Member of the Senate Finance Committee, has introduced legislation that would permit 401(k), 403(b), and SIMPLE retirement plans to make matching contributions to workers as if their student loan payments were...

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...

Untangling The Many Deductibles Of Health Insurance

by Eriksen Insurance | Sep 16, 2015 | Affordable Care Act, Family Health Insurance

NPR reports: “Sure, there’s a deductible with your health insurance. But then what’s the hospital deductible? Your insurer may have multiple deductibles, and it pays to know which apply when. These questions and answers tackle deductibles, whether an...

High deductible plans have more people delaying treatment

by Eriksen Insurance | Jan 12, 2015 | Family Health Insurance, Insurance Reform

Yahoo Finance reports: “As the cost of health care rises, more and more Americans in nearly every economic class are choosing to delay medical treatment because they can’t afford it. A new Gallup poll released Friday found that about one in three Americans say...

Employer Shared Responsibility Payments and Reporting Requirements Under the Affordable Care Act: Code Sections 6055 and 6056

by Eriksen Insurance | Oct 3, 2014 | Health Insurance Cost

The National Law Review reports: “There are two types of employer shared responsibility payments, also known as pay or play penalties, under the Affordable Care Act (ACA).  The first penalty under Internal Revenue Code (Code) Section 4980H(a) is the penalty for...
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