For many Americans, the struggle to save enough money to cover unexpected expenses – like high medical bills – is real. In fact, unpaid medical bills is one of the leading causes of personal bankruptcy in the United States. That’s why having the right health insurance in place is a smart move.
Affordable Care Act Open Enrollment for your 2017 individual and family healthcare plan is here! Now is the time to enroll in new health coverage or make changes to your current plan.
It’s that time of year again! Affordable Care Act (ACA) open enrollment for 2017 officially kicked-off this week and will remain open through Jan. 31, 2017.
*Updated for tax year 2016. In January, aside from receiving your usual Form W-2 from your employer, you may receive Form 1095-C related to the Affordable Care Act (ACA). If you received health insurance outside of the marketplace exchanges in 2016, and worked for a large employer, look for Form 1095-C, Employer-Provided Health Insurance Offer and Coverage, to arrive […]
Shopping for health insurance may not be at the top of anyone’s list of fun things to do. However, with just a little preparation, it can take just a few minutes to shop and enroll in a plan that best fits your needs. To help save you time (and a little money) while shopping, here are a few […]
Under the Affordable Care Act (ACA), you must have a minimum level of health insurance coverage or pay a penalty, unless you meet one of the exceptions. That’s easy for people who get coverage through work, or who can afford to pay big premiums for their own plan. It’s also not an issue for people […]
Under the Affordable Care Act you can usually only buy a health insurance plan, apply for subsidies to help pay for coverage, or switch plans is during the annual open enrollment period. The purpose of this rule is to keep people from waiting until they are sick or they suspect they may be sick to […]
The IRS has just announced some important information for taxpayers who filed an extension for the 2014 tax year. The deadline for filing your 2014 Federal return is October 15, 2015, but you may want to file sooner. If you purchased health insurance coverage through a government-sponsored health insurance marketplace and want to keep your […]
On Thursday, June 25, 2015, the Supreme Court ruled in favor of tax subsidies for qualified taxpayers who purchase insurance through federally-run exchanges. In short, advance premium tax credits will continue. This is good news for millions of Americans who enrolled in health insurance through the federal marketplace and receive tax subsidies to help offset […]