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Author Archives: fbg123
Small Employers Can Reimburse for Medicare Part B, D Premiums1
Small Employers Can Reimburse for Medicare Part B, D Premiums Once your older workers reach the age of eligibility for Medicare, under current law you can help them pay for Part B and D premiums with a Medicare Premium Reimbursement … Continue reading
Posted in Medicare
Tagged 18901, Chronic Ailments, Doylestown, Health Insurance, medicare, Philadelphia Healthcare, Prescription drugs
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IRS Eases Access to Chronic Disease Treatment
IRS Eases Access to Chronic Disease Treatment New guidance from the IRS will help people enrolled in high-deductible health plans get coverage for pharmaceuticals to treat a number of chronic conditions. Under the guidance, medicinal coverage for patients with HDHPs … Continue reading
Posted in Healthcare
Tagged 18901, Doylestown, IRS, Prescription Drugs. Heal Coverage
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Adult Children & The Cost of Caring For A Parent
There are about 10 million adults over the age of 50 in the United States who provide care for their aging parents. This group must also be planning for their own retirement and the task of being a primary caregiver … Continue reading
Posted in Healthcare
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Read Our September 2016 Newsletter
Taking Responsibility for Your Retirement Fund Pokémon Go: Advice for Parents Green Tea–More Than Just A Drink? SUMMER SQUASH, ITALIAN STYLE
Does Medicare Cover Long-term Care?
Many Americans are grossly underinsured against the risk of devastating long-term care costs. According to the 2016 annual Cost of Care Survey from Genworth, the average cost for a semi-private room in a long-term care skilled nursing facility is $82,125 … Continue reading
Posted in Medicare
Tagged 18901, Bucks County, Doylestown, Long Term Care, medicare, medicare entitlement, Philadelphia
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Important ACA Reporting Requirements for Self-Insured Plan Sponsors
If you are a self-insured employer or other organization that provides minimum essential coverage (as defined in Internal Revenue Code Section 5000A(f) to any individual during the calendar year, you have some reporting responsibilities to the Internal Revenue Service. Furthermore, … Continue reading
Posted in Healthcare
Tagged 18901, ACA, Bucks County, Doylestown, employee benefits, Form 1095 B, Health Insurance, Montgomery County, Philad, Reporting
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ACA’s Individual Mandate Penalty “Sharply Increases” In 2016.
National Journal (11/6, Subscription Publication) reports that the ACA’s penalty for going without health coverage “sharply increases” in 2016 to “$695 per adult and $347.50 per child, or 2.5 percent of a household’s income—whichever is higher.” Whether it spurs people … Continue reading
Posted in Uncategorized
Tagged ACA, Blue Cross, Bucks County, Doylestown, Health Insurance, Individual Mandate, OBAMACARE, Penalty, philadelphia pa
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Its time for Open Enrollment
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Posted in Uncategorized
Tagged 18901, ACA, Bronze Plans, Gold Plans, OBAMACARE, Open Enrollment, PA, Philadelphia, Silver Plans
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Understanding Medicare Part D Coverage and Enrollment Options
Understanding Medicare Part D Coverage and Enrollment Options There are two ways to get prescription drug coverage through Medicare. One way is with Part C coverage, which is available through a PPO or HMO plan. These plans offer the same … Continue reading
IRS Announces 2016 Contribution Limits for HSAs
The Internal Revenue Service (IRS) has released the allowable contribution limits for health savings accounts (HSAs) for tax year 2016. The announcement also includes the new caps on out-of-pocket costs for high-deductible health plans. Taxpayers must be enrolled in a … Continue reading
Posted in Uncategorized
Tagged 18901, 19103, ACA, Bucks County, Doylestown, Health Insurance, Health Savings Accounts, HSA, Montgomery County, Philadelphia, PPACA
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