H.S.A’s Under Health Care Reform
H.S.A Health Savings Accounts look to be qualified health plans under the health care reform act. This is huge news! Initially when the health care laws were passed, Health Saving Account we not considered qualified. This meant that if you had an H.S.A plan you would be subject to the tax penalty. From this report, the Actuarial Value calculator […]
Low Income Workers and Health Benefits
NY Times This is a article about the fear of the Affordable Care Act in low income industries. Restaurant and Hospitality owners could be impacted negatively by the tax penalty of not offering a group health plan. In these industries it is difficult for employees to pay their portion of the premium on a group health plan. These industries have been […]
Health Insurance Narrow Networks
IBJ Anthem announced the development of a Narrow Network in Wisconsin. The narrow network is a limited preferred provider organization (PPO). This new network arrangement is not just for Wisconsin but the entire country. The health insurance industry is working on reducing costs and one way to do this is to negotiate deeper network discounts. […]
Indiana Affordable Care Act Pricing
Indianapolis Affordable Care Act Pricing – Current Estimates ACA Insurer Fee: • Effective 1/1/2014 • 2.68% tax off fully insured premium • Applies to Small and Large Group – fully insured only Affortable Care Act Reinsurance Fee: • Effective 1/1/2014 • $6.35 Per Member Per Month before state tax […]
Pancreatic Cancer Stage 4
August 29th, my Mom was diagnosed with pancreatic Cancer stage 4. The cancer was 4.3 cm on her pancreas and 1.2 cm on her liver. My Mom has had 5 session of chemo therapy at this time. During this time we also started a regiment of supplements. IP-6 inositol & Selenium. Mom has been taking 3,000 milligrams of IP-6 per day & […]
Health Care Reform Predictions
In 2014, the health insurance landscape is going to change a great deal in Indianapolis. There is going to be new taxes on group health insurance plans. For fully insured group plans, there will be a 2.68% tax on those plans. On self funded plans, there will be $6.35 per member per month tax. These […]
Indiana Delays the Essential Health Benefits
Indianapolis Delays Essential Health Benefits The Essential health benefits must include items and services within the following 10 categories: Ambulance, Emergency Services, Hospitalization, Maternity, New Born Car, Mental health and substance abuse, behavioral health, Prescriptions, Rehabilitative, Laboratory, Preventive, Disease management, Pediatric with oral and vision. This is a very big part to the Affordable […]
Who has the best health insurance in Indiana?
This is a very broad question because one has to know what is important to them with their health insurance. When searching for a health insurance company it is best to see advice from a local broker. The local broker will represent multiple companies and know market conditions. This is important knowledge that will lead […]
Penalty for Not Having Health Insurance
Under the Affordable Car Act there will be penalties for not having health insurance. In 2014, the penalty for not caring health insurance will be $95, or 1% of taxable household income. By 2016, the penalty will rise to $695 per person, with a cap of $2,085 per family or 2.5% of house hold income. […]
Health Care Reform Glitch
NY Times reported a interesting view on health care reform. They are reporting a glitch in the health care law. Under the Affordable Care Act, if an employee has access to group health benefits, then their dependents are not eligible for subsidies through the exchange. This is basically the short version of the argument. This aspect of the law have been interpreted by […]
