Deadlines Extended for 2015 reporting Requirement of 1094 & 1095

IRS Notice https://www.irs.gov/pub/irs-drop/n-16-4.pdf  2016-4  extends the deadline for large group and self-funded groups for reporting under section 6055 & 6056. Under the law applicable large employers or self funded plans: Must provide to individuals the 1095-B and 1095-C forms. This was originally due by Feb. 1st and now has been extended to March 31st of 2016. […]

Consolidated Appropriations Act of 2016

President Obama recently signed the Consolidated Appropriations Act of 2016! This act will provide a 2 year delay on the Cadillac Tax and Impose a moratorium on the medical device tax for 2016 & 2017. The Cadillac Tax was supposed to go active in 2018.  This is a 40% tax on health plans that cost […]

Nefouse & Associates Quoted in Indiana Business Journal

We’d like to share an article written in the Indiana Business Journal that Nefouse & Associates was quoted in on November 28th. This particle article is about “With health insurance coverage pricey, firms adopt 401(k)-like plans” Please read the full article here.

United Healthcare Pulling out of Obama Care.

By now everyone has heard the news of United Healthcare pulling out of Obama care. First thing, United healthcare (UHC) has multiple companies. The company that is on the exchange in Indiana is All Savers. UHC also has an off the exchange individual plan through United Life Insurance Co. The Exchange division of UHC had […]

1st Week of Open enrollment

This has been another shaky 1st week of open enrollment. A day before open enrollment began, there were changes from both CMS and the Insurance industry. These changes had huge impacts on subsidy estimates and even premiums. The insurance industry was offline for most of this week. They had their IT departments trying to resolve the […]

The Death of the Indiana PPO

Preferred Provider Organization  (PPO) A PPO plan is a network of medical providers, who join a network and reduce their fees, in exchange for patients. The insurance Industries used these PPO to give their members access to medical care. Then the Insurance carriers started to develop their own PPO networks. The PPO has been very […]

The Last PPO For Individual Plans

As most of you know who are covered by Assurant or Humana, those PPO options will no longer be offered in 2016. This is truly a big blow to any competition in the Individual PPO health plans. Assurant shut down their individual division for the entire country. They had huge financial losses and had no […]

2016 Group Health Insurance

The Affordable Care Act (ACA) is close to full implementations for employer-sponsored group health plans. The ACA has had mostly negative impacts on the small group market for Indiana and the rest of the country.  Any group under 50 lives, now has no underwriting for fully insured coverage. This has created large rate increases for […]

Senior Health Insurance Open Enrollment

For this years’ senior open enrollment starting November 15th, Nefouse & Associate will be offering health insurance options in the over 65 market. The over 65 health insurance market, may be the most confusing health insurance market. Having been in the individual health insurance industry since 1998, senior health insurance is the most confusing for […]