Health Savings Accounts (H.S.A.s) are rapidly gaining in popularity. Read the attached articule by Liza Horvath:
Author Archives: Jay
Harry Reid exempts Senate staff from exchanges
The biggest public supporter of the Affordable Care Act (ACA) has reportedly decided that some of his staff should be exempted from the new law. CNN reports that Senate Majority Leader Harry Reid is the only congressional leader to exempt some of his staff from having to buy insurance through the ACA exchange. While our country leaders have been exempted, the law specifically says that Congressional staff must purchase coverage through the exchange.
Supreme Court to hear cases on contraceptive mandate
The current Obamacare Law requires employers to provide contraceptives to all employees. This is being challenged by several cases currently before the Supreme Court.
Politico (Washington, D.C.) (11/26)
Easiest Way To Access The Exchange
With difficulty is accessing the Affordable Care Act’s website, many are choosing to use Paper Applications. Whether Paper of internet your best solution may be to contact a licensed Insurance Agent to assist. Whether it is a Small Group or an Individual need, the Covered California or the ACA options are not easily understood. Call your insurance agent and ask to be directed to a “Licensed health Insurance Agent” .
Will Policy Cancellations Be Reversed?
WILL YOU BE ABLE TO KEEP YOU CURRENT HEALTH PLAN? Even though the President announced the government would allow health insurers to continue to offer coverage that doesn’t comply with the Affordable Care Act (ACT) requirements, the issue is far from resolved. State regulators must decide whether of not to allow plans to be implemented that violate Federal law. Most states are still deciding how to proceed.
The Washington Post (tiered subscription model)/WonkBlog (11/18),
IRS Relaxes FSA Rules
Starting this year, up to $500 in Flexible Savings Accounts may be carried over at the end on the year. This is optional, as employers are not required to comply. Los Angeles Times (tiered subscription model) (10/31),
Deadline for ACA delayed
It was announced today, that the deadline to avoid the penalty for not signing up has been delayed six weeks.
The ACA Exchanges…A Hacker’s Paradise
John McAfee, founder of McAfee, Inc. said the online component of Obamacare “is a hacker’s dream” that will cause “the loss of income for the millions of Americans who are going to lose their identities. Please read the full article.
Problems proving exemption for the ACA
So you think you may be exempt from the Affordable Care Act (ACA) mandate, you may have trouble confirming that.
Politico (Washington, D.C.) (10/15)
Can family members have differing plans under Covered California?
Yes! Different family members may have differing health needs, thus each family member can choose the best plan for them.