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Old 05-17-2013, 05:46 AM
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New Health Insurance Requirements

I just started studying the new government policy of making us all have health insurance beginning the 1st of January 2014. From what I understand, businesses will get tax credits for insuring their employees. Penalties for not insuring them. Personal tax credits and personal penalties for having or not having health Insurance. This is going to happen whether we like it or not. So we need understand what is required. Find the best rates. The best rates are not usually the best Insurance policies.
I don't want this to turn into a Political discussion. Nothing we can do to change things now.
I found this IRS pdf to help us understand Anyone talk to their accountants yet and want to share what they learned? What are some good Insurance companies and policies out there in the market? What is your understanding of the cost of penalties for not having health Insurance?
Remember--This is not a political debate

http://www.irs.gov/PUP/newsroom/REG-148500-12%20FR.pdf
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Old 05-17-2013, 06:33 AM
Mark Oomkes Mark Oomkes is online now
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Part of the problem we're finding out is that the details are really not certain yet. Some things are, but not everything.

I do know of a local credit union that reduced hours for a bunch of their employees so they wouldn't have to provide health insurance, as it would be unaffordable for them.
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Old 05-17-2013, 06:38 AM
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For me the employee part of the law is a non issue, I don't have 50 employees. My family plan has been in force for years and can be grandfathered in with no changes. We may see what we can do separately for my wife because she has asthma and that has been an exclusion for almost 20 years.
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Old 05-17-2013, 07:19 AM
Mark Oomkes Mark Oomkes is online now
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zturn, it affects everyone, not just those with more than 50 employees.
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Old 05-17-2013, 01:45 PM
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Here is information concerning small businesses:

http://www.healthcare.gov/marketplac...ses/index.html

Self employed with no employees:

http://www.healthcare.gov/using-insu...self-employed/
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Old 05-17-2013, 10:40 PM
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Quote:
Originally Posted by Mark Oomkes View Post
zturn, it affects everyone, not just those with more than 50 employees.
This is what I am referencing - http://www.healthcare.gov/using-insu...iness/#provide
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Old 05-18-2013, 05:54 AM
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Good link zturncutter That is what this thread is all about. Clearing up the confusion concerning the health care law. We still have 6 months or so to do that and it may take that long
One things for sure is most of us have to have Health Insurance or face penalties$. The fines really jump up after the 1st year.
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Old 05-18-2013, 06:43 AM
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This is nice. There is no information available for Florida Healthcare Marketplace. Just says "Coming soon".... Nothing like giving people time to research their options huh....What a mess!
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Old 05-18-2013, 07:35 AM
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Here is a link my health insurance company provides that might be useful for guys in Florida - http://www3.bcbsfl.com/wps/portal/bcbsfl/hcr
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Old 05-18-2013, 09:15 AM
larryinalabama larryinalabama is online now
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Just scrolled through the gov, link it says for me to look for private insurance, which I already have.
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