By ROBERT PEAR JAN. 30, 2016 The New York Times WASHINGTON — The Internal Revenue Service is warning consumers about tax scams involving the Affordable Care Act and penalties imposed under the law on people who go without health insurance. In some cases, the agency said, unscrupulous tax preparers tell clients to pay the penalties [...]
ObamaCare costs set to spike for thousands The Hill // By Peter Sullivan - 01/11/16 08:12 PM EST About 43,000 ObamaCare enrollees are bearing the full cost of their insurance plans after losing the tax credits that are meant to make coverage more affordable. Those enrollees no longer receive ObamaCare tax credits because they failed [...]
Drugmakers Raise Prices Despite Criticisms Pharmaceutical companies cite high cost of research as reason for price increases Wall Street Journal | by Peter Loftus Drugmakers didn’t let up on price increases with the start of a new year, demonstrating the industry’s pricing power in the face of mounting criticisms of prescription costs in the U.S. [...]
Healthcare.gov CEO says insurance marketplace’s complexity argues for agents BY TED GRIGGS| tgriggs@theadvocate.com The Affordable Care Act is confusing and complicated, which means that health insurance agents and brokers are needed to help consumers pick the best plans for them, Kevin Counihan, chief executive officer of Healthcare.gov, said Monday. “It’s got plenty of opportunity to [...]
Customers Often Struggle To Understand Key Health Insurance Terms, Concepts Do You Speak Health Insurance? It's Not Easy NPR, 12/30/2015 Solicit opinions about health insurance and you're almost guaranteed to find consensus: It's mystifying and irritating. "It just seems like a lot of the buzzwords are intended to just complicate the whole thing and make [...]
Healthcare costs a top concern for Republican and Democratic voters Featured on Reuters.com By Jilian Mincer and Erin McPike NEW YORK/WASHINGTON Americans want to know what the next U.S. president will do to lower their rising healthcare costs, a priority shared by Republican and Democratic voters and second only to keeping the country safe, according [...]
Americans Who Don’t Buy Health Coverage Face Heftier Fine in ’16, Analysis Finds Featured in The New York Times | By Abby Goodnough WASHINGTON — Americans who remain uninsured in 2016 despite having the option of buying health coverage through an Affordable Care Act marketplace will owe an average tax penalty of $969 per household, [...]
Featured in US NEWS | By Kimberly Leonard Unexpected questions can change a free wellness visit into an expensive diagnostic one. Patricia Jones thought she was getting the much-talked-about free physical under Obamacare when she went to see a doctor in May. But, she says, a few small things that happened during her checkup ended [...]
Health savings accounts can do more than help with health care costs Health savings accounts haven’t gotten anywhere near the amount of press—nor the attention from workers—that their advocates believe they deserve. That could be because workers really don’t understand HSAs. Nor are they aware of the multiple tax benefits that such accounts can provide—and [...]
Regulators Urge Broader Health Networks Featured on The New York times | By Robert Pear WASHINGTON — The nation’s insurance commissioners are recommending sweeping new standards to address complaints from consumers about limited access to doctors and hospitals in health plans sold under the Affordable Care Act. From Our Advertisers Limited networks of health care [...]
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