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What You Need To Know: 1095 Filing

What You Need To Know: 1095 Filing

Another confusing part of Healthcare Reform (PPACA) is the 1095 filing that is taking place this year. There aren’t many things to do from an employer’s perspective but there are a few points that can help calm the frantic HR or CFO and your employees on the new IRS tax forms required for health insurance.  The Affordable Care Act (ACA) requires that health insurance carriers and some employers to provide new health insurance...

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5 reasons United Healthcare wants out of PPACA

5 reasons United Healthcare wants out of PPACA

I came across this great industry article in my inbox this morning and just had to share. Alson Martin does a great job of reviewing the latest news that United Healthcare has started to put it out there they would be leaving the health insurance marketplace due to the shortfalls in earnings on the PPACA exchanges. Take a look at the article and come to your own conclusions: On November 19, 2015, UnitedHealth, in a conference call for...

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HealthCare.gov extends Jan. 1 coverage deadline 2 days

HealthCare.gov extends Jan. 1 coverage deadline 2 days

Managers of HealthCare.gov have responded to complaints about website glitches and outages, and overloaded call centers, by pushing the application deadline for coverage that starts Jan. 1 to 11:59 p.m. Pacific Time Friday. The current Patient Protection and Affordable Care Act (PPACA) open enrollment period started Nov. 15 and is set to end Jan. 31. The original deadline for Jan. 1 start coverage was supposed to be at midnight Pacific...

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Supreme Court Allows Nationwide Health Care Subsidies

Supreme Court Allows Nationwide Health Care Subsidies

The Supreme Court ruled on Thursday that President Obama’s health care law may provide nationwide tax subsidies to help poor and middle-class people buy health insurance. The margin of a 6-3 vote, the Supreme Court upheld a key provision of the Affordable Care Act ruling that subsidies should be available in states that have set up their own health insurance exchanges and in states where consumers rely on the Federally Facilitated...

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CMS Announced Special Enrollment Period for Tax Season

CMS Announced Special Enrollment Period for Tax Season

On February 20, the Centers for Medicare & Medicaid Services (CMS) announced a Special Enrollment Period (SEP) for individuals and families who did not have health insurance coverage in 2014 and are subject to the fee or “shared responsibility payment” when they file their 2014 taxes in states which use the Federally-facilitated Marketplaces (FFM). This Special Enrollment Period will allow those individuals and families who were...

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Hold on… CMS Extends Enrollment Period

Hold on… CMS Extends Enrollment Period

You may remember (or do some looking down our blog feed!) that February 15th was the last day you could get individual health insurance coverage through the Exchange or free market.  No, we didn’t lead you astray!  This is due to the open enrollment period coming to a close.  Leading up to the February 15, 2015 deadline many consumer enrollment systems (e.g. the Health Insurance Marketplace), experienced some issues that kept many of you...

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