The timeline of President Trump’s repeal of the Affordable Care act has been ambiguous at best. In a recent interview with Fox News personality Bill O’Reilly, Donald Trump discussed a variety of topics including health care.
Telemedicine has become a very popular feature in a lot of health insurance plans because it provides access to medical care without actually having to show up at a doctor’s office. Telemedicine appointments can either be conducted over the phone or through a video chat service.
Under the Affordable Care Act, if someone does not have qualified health coverage, they must pay a fee called the Individual Mandate aka the Individual Shared Responsibility Payment. You may be exempt from this payment if you meet the criteria of certain hardships, life events, financial status, ect. The individual mandate fee only applies to the months when you did not have qualified coverage. Most of the health coverage exemptions will be claimed on your federal tax return.
ACA Open Enrollment is now over and the Special Enrollment Period has begun. The SEP is a period of time in which you can still enroll for health insurance only if you have been affected by certain life changes. The following is a list of life changes that would qualify you for the Special Enrollment Period.
Just because Open Enrollment for the Affordable Care Act is over, doesn’t necessarily mean that you’ve missed the boat. There is another way to receive medical benefits while avoiding the penalty for not having ACA coverage (which will remain in effect accoridng to the administration.)
When you think of Texas, images of rolling hills, cowboy hats and hot weather come to mind. What you don’t think about is a doctor shortage. The Texas economy is ranked 21st in the nation, and it is home to one of the largest and most respected medical centers in the country located in Houston.
For the small business owner, time is money. Contrary to popular belief, enrolling in group insurance for small businesses can save the average owner both time and money in the long run. Below are some key suggestions for the business owner who wants to work smart and not hard.
Federal law does not recognize husband and wife business owners as eligible for small group insurance through their business unless they have at least one common law employee. This would mean that if a husband and wife own a bakery, they could not qualify for a small group plan on their own. Federal law does, however, allow states to determine their own eligibility requirements.