Tag Archives: Obamacare

Will the ACA Affect Your Taxes This Year?

Will the ACA Affect Your Taxes This Year? Will the ACA Affect Your Taxes This Year?

Tax season is drawing near and as you ready your W2 forms, 1099s, receipts and other documents it is important to remember that there is an additional box you will have to check this year that when filling out your tax forms.  This year, in addition to declaring income, deductions, charitable donations and other financial data American taxpayers will be required to report their health insurance coverage in compliance with the Affordable Care Act (ACA). Depending on your healthcare overage and status, the ACA reporting can be either a benefit, a nuisance …

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TN Healthcare Reform Assistance: Enrollment Deadline Extended

Healthcare Reform Assistance March 31st Enrollment Deadline ExtendedHealthcare Reform Assistance: March 31st Enrollment Deadline  Extended

On March 25th it was announced that the Obama Administration would be granting extra time to Americans who said they were unable to enroll in health care plans through the federal insurance marketplace by the March 31st deadline. This is good news for many individuals who still need healthcare reform assistance; people who have begun to apply for coverage on HealthCare.gov but for one reason or another have had trouble getting signed up.

So, all consumers who had begun to apply on HealthCare.gov, but who did not finish by the …

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A Look at the Economic Effects of the Tennessee Healthcare Reform

A Look at the Economic Effects of the Tennessee Healthcare ReformA Look at the Economic Effects of the Tennessee Healthcare Reform

In early 2014, we discussed what exactly the Implications of the Healthcare Reform, also called the Affordable Care Act or Obamacare, were for both employers and individuals who may be employed part-time or are unemployed. Individuals and employers alike are still questioning the benefits of the Healthcare Reform, but some employers, especially those that own or run small businesses, are seeing economic benefits.

Experts believe that the current health care system is not working well for small businesses or their workers. They also concede that small businesses are …

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How the Affordable Care Act is Affecting Individuals in TN

How the Affordable Care Act is Affecting IndividualsHow the Affordable Care Act is Affecting Individuals in TN

As we discussed in an earlier post, titled “Understanding the Impact of the Affordable Care Act on Employers”, the intent of the Affordable Care Act (ACA) is to ensure all Americans have access to affordable health insurance. Once this legislation is fully implemented, all Americans will be required to have health insurance through either a public program such as Medicaid or Medicare, by purchasing coverage from a state-based health insurance exchange, or by buying it through their employer. With this healthcare reform, also referred to as ObamaCare, came …

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Understanding the Impact of the Affordable Care Act on Employers

Understanding the Impact of the Affordable Care Act on EmployersUnderstanding the Impact of the Affordable Care Act on Employers

The Affordable Care Act (ACA), also referred to as the Healthcare Reform or Obamacare, has changed the landscape of the healthcare industry, causing confusion amongst individuals as well as employers offering group benefits. The most important thing to remember is that the intent of the Act is to ensure all Americans have access to affordable health insurance. Once this legislation is fully implemented, all Americans will be required to have health insurance through either a public program such as Medicaid or Medicare, by purchasing coverage from a state-based health insurance …

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