How to Appeal a Denied Medicare Claim - Kiplinger
Friday, October 30, 2015
Wednesday, October 28, 2015
Tuesday, October 27, 2015
Obamacare Open Enrollment Begins November 1
In just 5 days the health insurance marketplace open enrollment will begin. While it's true that open enrollment will continue through January 31, 2016, it you want your coverage to be effective as of January 1 you will need to sign up and make your plan selection before December 15. So don't procrastinate!
Monday, October 26, 2015
Saturday, October 24, 2015
Friday, October 23, 2015
Thursday, October 22, 2015
Wednesday, October 21, 2015
Tuesday, October 20, 2015
Beware of the Obamacare Shared Responsibility Payment
"You have an unpaid shared responsibility payment for 2014.
Amount due: $2,344.00"
The above notice from the IRS was received by this family for their shared responsibility payment for 2014, which was 1% of their income. A $2,344 penalty for not having insurance coverage in 2014 is bad enough, but the sobering reality is that if this couple remains uninsured in 2015 the penalty will increase to 2% of their income, and if they stay uninsured in 2016 the penalty will increase to 2.5% of their income.
How is the actual shared responsibility payment computed?
True, it's your choice whether or not to have health care coverage. Instead of being surprised at tax preparation time, it's important that the decisions we make about health care coverage ahead of time are made with the full understanding that the shared responsibility payment could be considerable, and will increase each year.
Amount due: $2,344.00"
The above notice from the IRS was received by this family for their shared responsibility payment for 2014, which was 1% of their income. A $2,344 penalty for not having insurance coverage in 2014 is bad enough, but the sobering reality is that if this couple remains uninsured in 2015 the penalty will increase to 2% of their income, and if they stay uninsured in 2016 the penalty will increase to 2.5% of their income.
How is the actual shared responsibility payment computed?
True, it's your choice whether or not to have health care coverage. Instead of being surprised at tax preparation time, it's important that the decisions we make about health care coverage ahead of time are made with the full understanding that the shared responsibility payment could be considerable, and will increase each year.
Saturday, October 17, 2015
Medicare Open Enrollment Really is October 15 through December 7
Yes, Medicare open enrollment really started October 15 and will continue through December 7, 2015. Some news articles mistakenly list November 1 as the start date for Medicare open enrollment. Why would they do that? They get it mixed up with the Obamacare open enrollment that begins on November 1. Trust me, it's easy to get mixed up! Remember, Medicare open enrollment has already started, so take time to shop the plans early to avoid the last minute rush.
Friday, October 16, 2015
Medicare Open Enrollment Period for 2016 Has Begun
Thursday, October 15, marked the beginning of the Medicare Open Enrollment period where people eligible for Medicare can shop for a Medicare Advantage or a Prescription Drug Plan. The Medicare Open Enrollment period will continue through December 7, 2015.
Monday, October 12, 2015
Thursday, October 8, 2015
Tuesday, October 6, 2015
Monday, October 5, 2015
Friday, October 2, 2015
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