Category Archives: Insurance

How the Health Care Law Affects You

Chart: How the Health Care Law Affects You While Congress appears to be working towards a repeal (and eventual replacement of) the ACA (Obamacare), it is still law. As such, we’ll have to deal with it, for now, and until a full repeal is effective. Note: The IRS is currently reviewing the Jan. 20, 2017,…

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Resources for Seniors

By Kayla Harris, Elderimpact.org I don’t know about you, but sometimes I feel like there is too much for us to keep track of and never enough time to get it all done. And sometimes it can be daunting knowing where to start when looking for information about buying a home, figuring out life insurance,…

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Medicare Open Enrollment

Medicare Open Enrollment Ends Wednesday Don’t miss your one chance all year to make changes in your Medicare Part C or Part D plans. Compare what you have now with all your options for 2017. You may find better coverage, lower costs, or both. Start here: http://go.cms.gov/planfinder. If you have other questions about Medicare, visit…

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What the Healthcare Law Means for Small Business

Healthcare Law Webinars Webinar | What the Healthcare Law Means for Your Small Business Thursdays | 2:00 PM ET / 11:00 AM PT Find out how to navigate the opportunities in health care through the Affordable Care Act 101 webinar series. Registration is free, but required. November 10, 2016: Register Here. December 8, 2016: Register Here. December 22,…

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ACA & Employers

The Affordable Care Act How the Size of Your Workforce Affects Your Responsibilities Two parts of the Affordable Care Act apply only to applicable large employers. These are the employer shared responsibility provisions and the employer information reporting provisions for offers of minimum essential coverage.   Whether an employer is an ALE is determined…

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Understanding the ACA

IRS Resources Help Individuals Understand the ACA The IRS knows that you want to understand how the health care law  affects you. IRS Health Care Tax Tips When questions come up, IRS.gov/aca is a great place for you to begin finding the answers you need – when you need them. At IRS.gov/aca, you’ll find…

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The SHOP Healthcare Marketplace

The SHOP Marketplace – No Time Like the Present Small employers with 1-50 employees can apply and enroll in health insurance through the Small Business Health Options Program (SHOP) Marketplace at any time. There’s no limited enrollment period in the SHOP Marketplace – it’s open year round. Whether you apply online or use an agent…

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ACA Nondiscrimination Rule Finalized

  // // HHS finalizes rule to improve health equity under the Affordable Care Act On May 13, 2016, the HHS Office for Civil Rights issued the final rule implementing of Section 1557. The Final Rule prohibits discrimination based on race, color, national origin, sex, age or disability; enhances language assistance for individuals with limited…

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SHOP Insurance Deadline for May Coverage

The SHOP Deadline for May Coverage is May 15 Complete a SHOP Marketplace application by May 15 for small group coverage starting June 1. If you submit your initial group enrollment and make your initial payment by May 15, your coverage can be in place as early as June 1. The SHOP Marketplace is open…

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The Individual Shared Responsibility Payment

Calculating an Individual Shared Responsibility Payment IRS Health Care Tax Tip 2016-40, April 5, 2016 The Affordable Care Act requires you and each member of your family to have minimum essential coverage, qualify for an insurance coverage exemption, or make an individual shared responsibility payment for months without coverage or an exemption when you file…

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