Tag: health insurance costs

Health insurance may represent a tax risk for consumers

health insurance disclosure tax penalty

Tax risks regarding health insurance begin to attract notice As the Affordable Care Act inches closer to becoming fully enacted, there is no shortage of worry that the federal health care law is generating throughout the country. As insurers warn that health insurance coverage will become more expensive next year and states continue to battle the Affordable Care Act on general principle, the law’s provisions are beginning to show the possibility that they could expose many consumers throughout the country to significant tax risks. Federal law offers subsidies for health…

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Health insurance endeavor in Florida may be dubious foreshadowing for exchange initiative

Logan B.
Florida health insurance

Health insurance program from Palm Beach County is met with significant challenges While health care reform begins to take hold on a national level, several counties throughout the U.S. are looking to make health insurance more accessible to consumers on their own. Such is the case in Pam Beach Country, Florida, where county officials are working to ensure that all residents have access to the health insurance they need. According to officials, one in five residents of Palm Beach County currently lack coverage. While officials are working to address this…

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Health insurance rates expected to jump in California

Nordstrom
Health Insurance Rates California Expected to Rise

Health insurance may soon get more expensive for individuals Californians can expect to see major changes to their state’s health insurance market next year as the Affordable Care Act becomes fully enacted. Covered California, a non-profit, pseudo-government group that will be managing the state’s health insurance exchange, has released a new study concerning the effects the health care law may have on the individual market. The study suggests that prices for health insurance coverage in the individual market are going to experience some volatility in the coming year, with some…

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Study claims health insurance rate shock may be coming

S.Vagus
Health Insurance benefits

Health insurance rates suspected to rise due to federal law Over the past few months, health insurance companies throughout the U.S. have been warning of the impending rate shock that could be spurred by the Affordable Care Act. Rate shock implies rapidly rising health insurance premiums that consumers throughout the country may not be prepared to deal with. While insurers have been warning that rates may spike in the coming year due to the federal health care law, federal legislators have suggested that this will not be the case. A…

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Health insurance exchange in Minnesota moves one step closer to reality

S.Vagus
Minnesota Health Insurance

Lawmakers in Minnesota continue to wrestle with health insurance exchange initiative With the Affordable Care Act looming, lawmakers in Minnesota continue to wrestle with the issue of a state-run health insurance exchange. Those that support the federal health care law argue that it will lead to a dramatic decrease in the costs of health insurance throughout the state, especially if Minnesota decides to operate its own health insurance exchange. Opponents of the law argue that the federal government is overstepping its boundaries. This week, those supporting a state-run health insurance…

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