Following a White House executive order from President Donald Trump directing federal agencies to provide relief from the ACA, the Internal Revenue Service has quietly updated the rules regarding required health insurance coverage when filing taxes. The Affordable Care Act mandates that everyone must either maintain qualifying health coverage or pay a tax penalty, known … Read more »
Texas Short Term Health Insurance – Get Em While You Can!
In an attempt to strengthen the risk pools of current Obamacare enrollees, federal officials proposed legislation that would drastically reduce the maximum duration of short term health insurance, as seen on CNBC. The proposed legislation would set a limit of no more than 3 months for any short term health plan, and would bar re-enrollment, … Read more »
First Victory in Court against Affordable Care Act
After suffering a defeat last year in challenging the Affordable Care Act – also known as Obamacare – House Republicans won a victory in their challenge of the law this past Friday, May 12th. The Supreme Court judge, Judge Rosemary Collyer, stated a provision of the law compensates insurance companies to offset out-of-pocket expenses granted … Read more »
Biggest Insurer in the US Pulling Out of Obamacare – What Does This Mean for Me?
United Healthcare recently announced that it was pulling out of the national exchanges: UHC will no longer offering major medical coverage/ACA plans in most states. United Healthcare also expects their number of enrolled exchange customers to go down, dropping from 795,000 at the end of the first quarter to 650,000, according to CNN Money. Fewer … Read more »
Texas Health Insurance – Obamacare Open Enrollment is Just Around the Corner!
Obamacare open enrollment period begins November the 1st through January 31st for Texas residents, which is just a few weeks away. Being prepared ahead of time can save you a lot of time and headache come November. Here are a few things to consider that can save you both time and money: Explore your … Read more »
