Opt in before Mandatory Health Insurance Hits

With the Affordable Care Act set to be fully implemented in January of 2014 how much thought have you given to how the law will affect you?  Starting January 1st Americans will be required to purchase health insurance or pay a tax penalty. Before you get defensive or incited, take a moment to think about your options. The numbers Some people are already saying that they would rather choose to pay the penalty instead of buying health care coverage for themselves.  Here’s the skinny on that penalty.  For the 2014…

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Americans speculate regarding the outcome of the Supreme Court’s decision regarding the health care reforms

According to a poll performed by the Kaiser Family Foundation, the majority of people in the United States believe that the Supreme court will rule against the law at the center of the health care reform that would require Americans to purchase health insurance, and that it will deem this law to be unconstitutional. Slightly less than one third of Americans believe that the Affordable Care Act provision of the healthcare overhaul will be upheld by the Supreme Court. When the participants in the poll were asked whether or not…

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Supreme Court may delay ruling on Affordable Care Act until 2015

The Supreme Court is scheduled to begin hearing a case regarding the constitutionality of the 2010 Affordable Care Act on March 26. Many have assumed that the individual insurance mandate provision of the law, which requires all U.S. citizens to have some form of health insurance, would be among the first topics of discussion. The Court, however, has announced that the issue to be discussed will be whether a decision on the constitutionality of the law should be made now or delayed for the future. The Supreme Court may choose…

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Obama’s healthcare reforms cause tricky debate among federal judges

A federal appellate judge panel with conservative inclinations has expressed apprehension regarding the Obama administration’s healthcare laws, but has also indicated that it may be premature to challenge the overhaul. The case before the U.S. Court of Appeals in Washington involves a lawsuit that is arguing whether or not Obama’s massive healthcare reforms have caused Congress to step outside its authority in giving people the choice starting in 2014 to either purchase health insurance or pay a tax penalty. Former top George W. Bush aide, Judge Brett Kavanaugh, who received…

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Medica gets ahead start on the digital insurance market

Medica, a health organization that provides insurance to Wisconsin and Minnesota, has announced plans to launch a new plan for businesses that will give them an opportunity to rein in soaring medical costs. The new plan will also allow policyholders more freedom in tailoring their plans to better suit their needs. The plan, however, will be more expensive than its counterparts, a fact that does not sit well with some consumers who say the last thing people need in a troubled economy is more expensive coverage options. The insurer has…

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