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Proposed Regulations on 2017 Benefit and Payment Parameters

On November 20, the Department of Health and Human Services (HHS) issued proposed regulations that address a wide range of Affordable Care Act (ACA) benefit provisions that will be effective for 2017 plan years. Published each fall, these rules will be finalized in the spring for the following year. Here is an overview of some […]

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What is the tax penalty for not carrying health insurance in 2016?

The open enrollment to apply for health insurance ends Janaury 31st 2016, there are still some Californians who decides not to carry health insurance . Here are is an overview of the tax penalty for 2016 . What happened if I do not pay health insurance in 2016? ● 2016 tax penalty: the annual individual responsibility payment is the greater of ○ 2.5%of the taxpayer’s household income that is above the tax return filing threshold for the taxpayer’s filing status, or ○The taxpayer’s flat dollar amount, which is$ 695 per adult and $347.50 per child, limited to a family maximum of $2085. ● However the total payment amount is capped at the cost of the national average premium for a Bronze level hath plan available through the Marketplaces in 2016 […]

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Penalty For Only Having Health Insurance Part of The Year?

If you are only insured for part of the year, your penalty will be changed to reflect that portion only (vs. you having to pay as if you missed the whole year). For gaps in coverage of less than three months, you won’t have to pay a penalty. After 2016, a new change is being […]

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Drug Prescription Benefits Under The ACA

Did you ever have the issue in the past that your prescriptions were not covered under your health insurance plan? Or that they had a separate out-of-pocket maximum as well as a separate deductible? Thankfully, that has changed under the Affordable Care Act (ACA). Now under the ACA, every health plan has to offer a […]

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How Do I Pick A Health Insurance Plan?

Picking a health insurance plan can be a tough choice. Start by writing down the main features of the plans you are considering, and compare them with each other. Be sure to write down any questions you have regarding the plans, and look information up along the way. Gather together important details, such as whether […]

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Once I Choose My Plan, Can I Set It And Forget It?

The answer to this question is a resounding no. Reevaluate your health plan and your needs every year. Never stay with a plan just because it’s convenient! Always be looking into new plans, or changes that might be occurring with your current plan. Networks,Co-payments, Co-insurance and deductibles are always changing, and, these days, those are […]

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Shopping The Marketplace If My Employer Offers Healthcare

Shopping the health insurance marketplace is always a possibility, even if your employer is already offering healthcare. However, if you do end up choosing to leave your work-based plan for an individual insurance health plan via Covered CA or outside the exchange, the benefits you qualify for may change. Before switching, know which your benefits […]

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Switching Health Insurance Plans -Open Enrollment Period starts November 1st

The Open Enrollment Period for 2016 starts November 01 and Ends January 31st. If you  picked a health plan policy, but have determined that it doesn’t suit your needs. Now starting November 1st is your chance to switch your current health plans. Good News for all Californians. Anthem  and Blue Shield offer this year only PPO’s, […]

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Vision Exam Can Detect Health Problems find affordable vision insurance in California.

Did you know that a comprehensive eye exam can not only detect vision problems, but may also be able to detect other health issues? Below are just a few health issues that may be discovered during an eye exam. Diabetes— Diabetes affects the small capillaries in the retina of the eyes. These blood vessels may leak blood […]

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Growth in CA’s Individual Health Insurance Market

Why might you be asking? Because of the Affordable Care Act. With the implementation of the Affordable Care Act, the health insurance market has raised by 64%, resulting in nearly 2.2 million Californians buying individual health insurance within the last year. As of December 31st, 2014, 843,607 California residents joined the individual health insurance market both inside and […]

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