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Tag Archives: PPACA
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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What Taxpayers Need to Know about Reporting Health Coverage on Tax Forms
What Taxpayers Need to Know about Reporting Health Coverage on Tax Forms While many people know there is a fee incurred by people who do not have health insurance, they do not understand how the Internal Revenue Service knows if … Continue reading
Posted in Insurance
Tagged Compliance, Form 1095 B, Health Insurance, IRS, OBAMACARE, Penalty, PPACA, taxes
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Buy Your Own Health Insurance – Get a Tax Break
The government wants you to have health insurance. So much so that it will actually penalize you if you go without health insurance – by as much as 2 percent of your household income in 2015, or $325 per … Continue reading
Posted in Uncategorized
Tagged Health Insurance, Health Subsidies, OBAMACARE, PPACA, Tax Breaks
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Insurance Agents vs. Payroll Providers – Who Do You Want to Call When Your Business is On The Line?
For many years, insurance agents and brokers have worked side-by-side with payroll service providers, cooperating and combining their separate skill sets for the benefit of their small business clients. In recent years, as competition tightened across the board, we have … Continue reading
Posted in Uncategorized
Tagged ACA, Health Insurance, Insurance, insurance agents, OBAMACARE, Payroll, PPACA, property coverage, trusted advisor
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What to Know Before Enrolling in Medicare
Medicare is the government-sponsored health coverage for people who are 65 years of age or older or those who are under 65 but are disabled. People whose spouses have worked at least 10 years in the United States or … Continue reading
Controlling Health Benefit Costs: What We Can Learn from The Best
For all the difficulties with the rollout of the Affordable Care Act, there has been some good news: The rate of increase in health care spending has slowed to about 5.1 percent between 2012 and 2013 – which is … Continue reading
Posted in Uncategorized
Tagged 18901, 19102, Affordable Care Act, Bucks County, Doylestown, Employer Subisidies, Health Insurance, Health Savings Accounts, HRA, HSA, New Hope, Philadelphia, PPACA
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Top 10 Health Services Commonly Excluded from Plans
The new Affordable Care Act law does not mean everything will change. Experts say many services that were excluded prior to the law remain unchanged. They examined over 3,000 health plans in 2014 to see which services were the most … Continue reading
Who’s Paying for it?
Who is going to pay the bills when they come due for insurance. People that buy coverage through the and receive a subsidy will be allowed a 90 day grace period to pay premiums. Typically, the insurance carrier will … Continue reading
Posted in Uncategorized
Tagged Affordable Care Act, Drs, Exchanges, Insurance, PPACA
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Employer Mandate Delayed
As some of you may be aware the Employer Mandate is being delayed from 2014 till 2015. This does not effect the individual mandate. Individuals that do not have insurance will still be required to buy insurance for a … Continue reading
Health Reform Subsidy Calculator
Please follow the link to a Health Reform Subsidy Calculator from the Kaiser Foundation. It is a great tool to see whether or not you might be eligible for a subsidy. The problem with Healthcare Reform is that it is … Continue reading