Tag Archives: Health Insurance

3 Types of Insurance that College Students Need

3 Types of Insurance that College Students Need

By Richard A. McGrath, CIC, LIA It’s getting closer to back to school time, which means parents are busy buying their kids the essentials for college life, from bed sheets and toiletries to snacks and food for the mini fridge. However, most likely you’re forgetting about an important item to review that isn’t included on […]

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Will Your Health Insurance Cover You for Trips Abroad?

will-your-health-insurance-cover-you-for-trips-abroad

Are you planning on traveling abroad? Before you pack your bags, stop and think about whether your current health insurance plan will provide enough coverage while you’re out of the country. Most employer-sponsored health plans limit coverage to medical emergencies only when traveling outside of the U.S. But what if you need coverage for a […]

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IRS Extends ACA Reporting Deadline for Form 1095 to Employees

What It Means to Work in the Insurance Industry

The Internal Revenue Service (IRS) extended the deadline for employers to deliver the Affordable Care Act’s (ACA) 2016 information reporting forms to employees from January 31, 2017 to March 2, 2017. The extension only applies for tax year 2016 and for furnishing Form 1095-C (Employer-Provided Health Insurance Offer and Coverage) and Form 1095-B (Health Coverage) […]

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Protecting Your Children When They Go Off To College

By Richard A. McGrath, CIC, LIA You might not always be there to protect your kids while they’re away at college, but your insurance coverage can. College is where young adults learn how to  live independently for the first time, making them susceptible to theft, illness, accidents and other problems that they either didn’t typically […]

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Understand the Tax Implications of the Affordable Care Act Before You Fill Out Your Tax Return

By Richard A. McGrath, CIC, LIA Much attention has been paid to the Affordable Care Act (ACA), aka Obamacare, but little has been written about the new tax forms resulting from the law, even though every taxpayer in America will be affected. The ACA ran to more than 2,000 pages and has thus far produced […]

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6 Key Points of the ACA Employer Mandate

6 Key Points of the ACA Employer Mandate

It’s the start of the New Year, which means the Affordable Care Act (ACA) employer mandate, delayed from its original date, went into effect as of January 1, 2015. The mandate states that small business owners with 100 or more full-time equivalent employees must be in compliance with ACA employer requirements, or else face penalties. Here are […]

Consumers Faced with Choice on Health Providers

Consumers Faced with Choice on Health Providers

Although unfavorable opinions of the Affordable Care Act (ACA) have increased to 53 percent in the Kaiser Family Foundation’s July Health Tracking Poll, the majority still want Congress to continue to improve upon the law rather than repeal and replace it. Although there have been many good changes to come from the ACA, such as […]

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What’s Next for the Affordable Care Act?

By Megan Cooney, Marketing Assistant Although the first open enrollment period for health insurance through the Marketplace officially closed at midnight on March 31, those who began applications that day will have until April 15 to finish the enrollment process. President Obama announced that over 7.1 million Americans applied for health insurance through the exchange […]

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What You Need to Know About the Affordable Care Act

If you are seeking health insurance through the Health Insurance Marketplace, the enrollment period deadline for coverage starting January 1, 2014 ends on Monday, December 23, 2013. However, the open enrollment period will remain open until March 31, 2014. Individual Mandate Penalty “As of January 1, all United States citizens will be required, on a […]

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Find Out What You (Don’t) Know About Health Insurance

By Richard A. McGrath, CIC, LIA Based on a recent survey, Americans have an unhealthy lack of knowledge about health insurance. LIMRA, an insurance trade organization, surveyed more than 2,000 consumers throughout the country, asking them 10 questions about their health insurance. Considering that they were true-or-false questions, anyone taking the survey could guess and […]

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