Affordable Care Act

4 New Changes Impacting Health Insurance and Your Taxes - Paying Uncle Sam

We've hit January and the time has come for many of us to turn our attention to a subject we often dread, taxes.  This tax season many of us will face new filing requirements or even receive new forms in order to remain in good standing with the government.  In this post we'll quickly summarize the items you'll need to look and that you'll encounter as we head toward April 15th.

Your Coverage Terminated But It's Not Too Late! Insurers Create Exceptions

Post It Label saying to do a task now, but a procrastinator crossed it out to say, do it tomorrow

I had several clients and new friends call frantically on the January 1st as they realized that their time to elect a new health plan to replace their terminated Blue Cross plan had passed.  While they had almost 45 days to get these tasks completed, it isn't much of a secret that we all wish we could put off dealing with a health insurance search forever.  Unfortunately, we now have a new addition to the proverbial saying, "We can't put off death and taxes", we can now make it, "We can't put off death, taxes, or enrollment in an Affordable Care Act plan".  If you missed the January first deadline there is still hope.

Top 10 Things to Remember About the ACA (Obamacare) in 2015

The 2014 rollout of the Affordable Care Act was challenging and created great frustration in many insurance policy shoppers.  Technological issues hampered many and the size and scope of the changes to the health industry impacted insurers and policy holders alike.  As we near the new Open Enrollment Period we wanted to provide readers a list of key rules and issues you need to know as we begin the new plan shopping year.

The Countdown Begins! An Affordable Care Act Summary

It's Almost Here!

As of now (January 2013), several aspects of the ACA (Affordable Care Act or Patient Protection Act or "Obamacare") have been implemented. First, children under the age of 19 with any pre-existing condition can now be insured and an insurance company cannot decline them. Second, all plans now must now cover 100% of a policy holder's preventative care expenses without co-pay or deductible. Finally, insurance companies have also been forced to adhere to the 80% MLR rule where they must pay at least 80% of all premiums received to patient medical claims.