Thank you for all your help these past few years.

Shelley

You guys rock! Thanks for your expertise.

Eric

Health Insurance Rates

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Its that time of the year where we are supposed to get health insurance again. However, you may notice even your current plan will be more expensive in 2017. The Idaho Department of Insurance determined that there will be a 24% increase in health care plan costs. The reason the insurance rates are increasing is…

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December 22nd, 2016

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With the looming congressional session, questions are being raised as to what healthcare will look like if/when Obamacare is repealed. One republican favored method is the system that Montana has. State’s aren’t allowed to impose additional requirements to receive Medicaid, but they can add voluntary programs. Montana added an optional job training component to it’s…

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December 07th, 2016

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The 21st Century Cures Act is gaining traction! This law helps speed up drug development, helps fight opioid addiction, encourages early intervention for mental health issues, gave a $5 million grant program to provide assertive community treatment for those with severe mental health illnesses, and strengthens existing laws that help mental and physical healthcare.Sen. Bill…

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Tom Price and the Empowering Patients First Act

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Tom Price, President-elect Donald Trump’s ​pick to ​head the Department of Health and Human Services, has some big plans for the Affordable Care Act. Right from the get go, Price has opposed “Obamacare”. Now Price is in a position to drive the replacement process for Obamacare as well as reforming Medicare and Medicaid. The proposed…

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Are Obamacare’s Days Numbered?

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With the new election comes a new president and new policies. With the election of Donald Trump likely comes many radical changes to the healthcare insurance industry. In the president-elect’s “Contract with the American Voter” he lays out his plan for his first 100 days in office. The 5th objective, in full, reads: “5. Repeal…

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Heavy-handed federal regulations have small businesses concerned

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A survey released Wednesday from the National Federation of Independent Business (NFIB) reports that more and more small firms are worried “about heavy-handed regulations from the Obama administration.” “In recent years, there’s been an explosion of federal and state regulations. Every one of them costs money and time,” said NFIB President Juanita Duggan. The survey…

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Upcoming financial hits on retirees?

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The latest Medicare Board of Trustees report (released this month) indicates those receiving Social Security benefits and are enrolled in Medicare may see their Social Security benefit adversely affected. The report from the Medicare Board of Trustees is calling for Medicare Part premiums to inflate by 22.3%, increasing the Part B premium to $149 per…

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Obama Administration: Premium Hikes For ACA Plans Will Be Minimal

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Various media are reporting today that the Obama Administration is attempting to quell concerns about premium hikes for ACA plans:​ The Wall Street Journal reports the Obama Administration is rushing to convince consumers who purchase healthcare coverage through Affordable Care Act marketplaces that Federal subsidies will allow them to absorb premium increases requested by insurers.…

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Obamacare on Life Support?

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Seven states — Alaska, Alabama, Kansas, North Carolina, Oklahoma, South Carolina and Wyoming — will likely have one Healthcare Marketplace carrier in 2017. The number of states will likely climb. Also, more than half of the country — 55% — may end up having two or less insurers to choose from on those government-run exchanges.…

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IRS Unveils New Draft Instructions for Forms 1094-C and 1095-C

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On Monday, the IRS released draft instructions for Forms 1094-C and 1095-C, following the release late last month of new draft 2016 Forms 1094-B and 1095-B and Forms 1094-C and 1095-C.  This year’s draft instructions make minor adjustments to last year’s instructions, including reflecting that the good faith compliance standard applicable to 2015 forms no…

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