New Taxes

Starting in 2014, there are new charges on health insurance companies and on individual taxpayers to fund the ACA (PPACA or ObamaCare). The first one is known as HIT – the health insurance tax.  This is an assessment on some health insurance companies based on their market share. Health insurers oppose the tax because it […]

Kentucky Expands Medicaid

Yesterday Governor Steve Beshear announced Kentucky’s decision to expand Medicaid.  A link to the article in the Courier-Journal is below: http://www.courier-journal.com/article/20130509/PRIME07/305090046 Figures from the 2012 U.S. Census Bureau tells us that 308,000 Kentuckians will now be eligible for this coverage.  The next step is for these newly eligible citizens is to enroll.  The National Association […]

Flow Chart for Employers

Below is a flow chart for all sized employers.  The flow chart is an easy configuration to determine whether or not your employer will pay a penalty if they don’t offer affordable coverage. Remember, your employer doesn’t have to offer coverage, the employer can still decide that it’s in their best interests to pay the […]