Tag: federal health insurance

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 price limits for older beneficiaries held by federal government

G. Turner
Health insurance for over 50

The Obama administration sticks to its restrictions on what insurers are allowed to charge. The federal government has now finalized a regulation for health insurance companies that is designed to safeguard consumers through tighter restrictions on what those insurers are allowed to charge older beneficiaries. The government made the decision despite warnings from the industry that everyone else may need to pay more. Health insurance companies have warned the Obama administration that if older customers are not allowed to pay more for their coverage, then younger policyholders may see their…

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Health insurance exchange approval for states

H. Cutner
health insurance exchanges

At the same time that the federal government had a fiscal cliff deadline, it also owed the states its decisions. The start of 2013 brought not only a great deal of attention to the decisions that would be made by the federal government regarding the fiscal cliff, but it also represented the time that the approvals would be given (or denied) to states regarding their plans for health insurance exchanges. The Secretary of Health and Human Services announced whether the proposals made by the states were approved. There are 24…

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Health insurance struggles faced by seasonal firefighters

Nordstrom
Health insurance plan

An online petition and a call to the government have been made in the hopes for federal coverage. Thousands of seasonal firefighters protect the country every year but do not have health insurance, causing them to start a petition and ask the government for inclusion in a federal health plan. These firefighters are the front line for protecting the country against the wildfires that explode their way across some of the most dangerous terrain, sending out flames and smoke that continually puts their safety and lives in danger. And yet…

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Obama gives the nod to health insurance for seasonal firefighters

H. Cutner
Obama reacting to the health care reform in 2010

The President is offering federal coverage for those employees who are risking their lives for others. In response to a petition and a request from seasonal firefighters for federal health insurance coverage, President Barack Obama has given his approval to provide these temporary workers with access to the medical plans. The loophole that formerly denied some federal employees this health insurance has now been closed. The President has acknowledged that these firefighters risk their lives to save people and their homes and belongings from fire, and that in return they…

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