Affordable Care Act may add pressure to doctors
Doctors face challenges as the Affordable Care Act is implemented.
Tag: affordable care act
Taxpayers may owe Uncle Sam due to health-care subsidies
This tax season marks the first time taxpayers who received federal subsidies to purchase insurance on health-care exchanges will have to report these tax credits on their returns, leading to confusion for some and a potential tax liability for others. Many subsidies — or Premium Tax Credits — were issued upfront and based on estimated
Health-care law prescribes new taxes, limits
Investors have many questions about health-care reform and taxes top the list. Chris Hennessey explains the new taxes and fees created by the Affordable Care Act (ACA) that will generate more revenue for the federal government. Here are some highlights. 1. Medicare surtax on investment income. A 3.8% surtax on investment income became effective this
Lame-duck Congress may act on tax provisions, funding bills
While some lawmakers are honing the agenda for the new Republican-controlled Congress in January, the current lame-duck session will likely act on several bills before the end of the year. In a reversal of power, Republicans seized the control of the Senate in the mid-term elections, winning eight seats for a majority of 53. Seats
Help prepare clients for the ACA’s side effects
In addition to health-care reform, the Affordable Care Act (ACA) will have an impact on clients’ investments, as they plan to cover health costs and prepare for the possibility of new tax liabilities. Chris Hennessey reviews the top concerns about the ACA for all types of clients. Surtax may hit high earners The ACA established
A look at the future of health-care reform
Mid-term elections, tort reform, and other policy pressures may alter the way the Affordable Care Act delivers on the promise of health-care reform in the future, but the law will likely remain largely intact. Chris Hennessey discusses several changes that some advocates are proposing. Letting the consumer decide what to buy. The law now requires
Why age matters in health-care premiums
The effects of the Affordable Care Act on insurance premiums will vary, but some people may see more advantages than others. Chris Hennessey explains why some segments of the population may see a reduction in premiums. Older individuals will benefit Older individuals, particularly those with chronic illnesses, will likely benefit from the ACA. The new
In some states, clients find insurance costs are at a premium
Cost is the top concern for many clients inquiring about the impact of the Affordable Care Act (ACA). In some states, health insurance premiums are rising, while others are experiencing a reduction. Several factors create this cost disparity, as reviewed by Chris Hennessey in the video. The ACA may cause higher or lower premiums depending
Four reasons why advisors need to understand the ACA
There is one certainty about the new health-care reform legislation: Clients want to know how it will affect their financial planning. As Chris Hennessey points out in the video, it is important to understand the implications of the Affordable Care Act (ACA) for all phases of financial planning, such as: 1. Many clients are confused
What employers should know about the Affordable Care Act
The Affordable Care Act’s (ACA) employer mandate has an impact on business owners who looking to provide health coverage to their workers as well as employers who already offer insurance coverage. With deadlines approaching for the employer mandate, business owners may have many questions on the impact of health-care reform on their company. This new