Archive for the ‘Obamacare’ Category

How to Report Obamacare Health Insurance on Your Taxes

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One of the fun new realities of the Affordable Care Act is that you now will need to include health insurance information in your personal taxes.

Obamacare and taxes

2 Reasons Why Health Insurance Is Reported on Your Taxes

 

1. Fines for violating the coverage mandate. As you probably know, the law now mandates that everyone have an …

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How to Compare Health Insurance Plans

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Open Enrollment for Obamacare is here.

You know it’s time to choose a health insurance plan for the next year, but there are so many choices it can make your head spin! How can you distinguish between all the plans available? What should you be looking for to find the right plan?

In reality, the plans have …

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When is Obamacare Open Enrollment?

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Here’s something that most people don’t know about Obamacare, but should:

You can only enroll in an individual health insurance plan during the annual open enrollment period.

Outside of open enrollment, it’s impossible unless you qualify for a special enrollment due to losing employer coverage, moving, getting married or divorced, or that sort of thing.

So once open …

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What insurance companies are on the federal marketplace in South Carolina?

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Let’s clear up one point that confuses many people:

The federal government does not offer health insurance as part of Obamacare. The Affordable Care Act simply sets the rules surrounding how health insurance will work and what it covers, and it provides premium tax credits (subsidies to help pay premiums) for those who are eligible.

The health …

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Is child support included in income for premium tax credits?

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By now you probably know that the Affordable Care Act includes a provision that allows for many people to receive help paying health insurance premiums: the premium tax credit.

The premium tax credit is an income based subsidy for those whose annual household income is between 100-400% of the federal poverty limit. The subsidy amount depends …

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What to Do if Obamacare Raises Your Health Insurance Price

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Have you gotten a shocking increase in your health insurance price?

Talk about sticker shock! What can you do about it?

Consumers all over the country are getting letters like this one, which one of our clients received this week.

Why Health Insurance Prices Are Going Up so Much

The big spikes in health insurance prices are mainly hitting people …

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How long does it take to see a doctor? A Revealing Study

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Wait. Seriously? How long? There’s nothing sooner?

Finding a new doctor can be difficult. We’ve probably all had this experience when moving to a new area. Many people are having this experience now because of the vast changes to many provider networks brought about by Obamacare.

And if you’re trying to schedule your first appointment in that doctor’s office, you …

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How to Drop Group Health Insurance with Minimal Disruption

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A lot of small businesses are dropping their health insurance plans. 
If you are among them, or if you are considering joining them, you need to think through the transition very carefully.

Here are a few questions you should ask:

1. What is our exit strategy?

2. How are you communicating the change, and the reasons for the change, to …

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What can I do if I don’t like my Obamacare health insurance plan?

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Having second thoughts?

You’re not alone. Obamacare plans are working marvelously for some people, but others are questioning whether they made the right decision.

Maybe you’re one of the many people who found your doctors are no longer in your plan’s network.
Or maybe you’re finding the price is a lot higher than you had hoped, even with …

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Is it too late to get health insurance?

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Is individual health insurance dead?

Well, sort of. 

Under Obamacare (the Affordable Care Act), individual health insurance is only available during the open enrollment period each year. For 2014, that period ended March 31.

So health insurance plans available on the government exchange with possible subsidies are gone for this year. What many people don’t realize is that …

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