Health Insurance Companies Audits
In the small group health insurance industry there has been a huge increase in carriers auditing their clients. The audit consists of the carrier requiring the client to provide up today wage n tax information. The carrier is looking to see if the group is still compliant form a participation standpoint. In the past very […]
Small Business Tax Credit For Group Health Plan
Small Business Tax Credit Here is a calculator through H&R Block that can help you determine if your company is eligible for a tax credit through the health care reform.
Indiana Children’s Stand Alone Health Policy
With the health care reform we have seen an exodus of stand alone children’s policies in the Indianapolis market. Here at Nefouse & Associates we have found a short term solution to the problem. There is a company with A+ rating that will except children age 2-18 on a short term basis. The policy is […]
Gov. Agencies Postpone Claims Appeal Process.
Agencies Postpone Claims and Appeals Enforcement The Employee Benefits Security Administration (EBSA), U.S. Department of Health and Human Services (HHS), the U.S. Treasury Department, Treasury Department agencies and the Labor Department have postpone the claims appeal process of the health care reform. They are stating they are having problems form a technical standpoint. If you look […]
Anthem Discontinues Short Term Policy
Short Term Product Sales Discontinued in Indianapolis Effective April 1 “At Anthem Blue Cross and Blue Shield, we strive to provide the best coverage to our members, offering both stability and affordability through our individual health coverage plans. We have made the strategic decision to discontinue the sale of short-term individual health insurance policies in […]
Insurance Exchange Questionnaire
Insurance Exchange Input Governor Mitch Daniels wants feedback on how the exchange should be set up. You have to give the Governor credit because he is willing to ask the residents of Indianapolis what they want from their exchange.
Defunding Tactics of Health Care Law
Defunding tactics It looks like the House Republicans are working on a serious game plan to defund the health care reform laws. The one that I think would have the biggest impact on the law would be the grants for the state based exchanges. If the defunding occurred, it would make it difficult for the […]
Revision To Health Law
Revision to health law The president has allowed states the flexibility to tackle the health care law on their own as long as it reaches the goals of the federal government. This provision was already in the health care law but the president is moving it up 3 year so states can opt out in […]
Breast Pumps are Tax Deductible
Breastpump Publication 502 The IRS recently changed its position on breastfeeding supplies (including pumps and bottles) and deemed them deductible. However, the cost of infant formula remains nondeductible.
PPACA Consequences
PPACA has major consequence to the employer group plans over 50 lives. PPACA spawns a new form of wage discrimination I had to re post this blog posting because it show some unintended consequences of the reform. Under the new law if a group over 50 lives has a group health insurance plan in place it […]
