Kevin Knauss: Health, History, Travel, Insurance
Posts related to the implementation of the Affordable Care Act and potential changes to the rules, primarily in California.
The IRS has issued additional guidance on ACA Advanced Premium Tax Credits and relief from certain penalties associated with the taxpayer receiving excess tax credits from a health insurance Marketplace. IRS Notice 2015-9 Penalty Relief Related to Advance Payments of the Premium Tax Credit for 2014 outlines how some taxpayers may not be subject to the penalties […]
2015 1095-A Corrections For 1095-As that report incorrect information Covered California has switched from a paper form to an online submission form or call the service center at 1-800-300-1506. Covered California 1095-A Dispute Form The online 1095-A correction request form is great if it sends a copy of the submission to the consumer via email […]
Covered California has released a variety of documents to help tax payers enrolled in their health plans report the Advance Premium Tax Credits (APTC) on their federal 2014 tax return. The guidance from Covered California discusses the IRS Form 1095-A Marketplace Statement the tax payer will receive, using it to fill out Form 8962 Premium Tax […]
With the announcement that Blue Shield of California may be dropping Sutter Health physicians and hospitals from their list of network providers in Northern California, Blue Shield members are wondering if their health plans are any good. For all the good of health care reform under the Affordable Care Act consumers are learning that doctors […]
The IRS has released a variety of documents related to reporting Affordable Care Act Advance Premium Tax Credit reconcilation, exemptions from the mandate to have health insurance coverage, and directions for caculating the Shared Responsibility Payment. Before taxpayers can crunch the numbers on their tax refund or liability they will have to either either a […]
The IRS has published a taxpayer friendly guide to assist individuals and families with attempting to calculate their Affordable Care Act tax credits. The focus of IRS Publication 5187 Health Care Law: What’s New for Individuals & Families is on the Shared Responsibility Payment (individual mandate penalty) and calculating eligible Premium Tax Credits for 2014. Pub. 5187 is […]
Anyone who did not have health insurance for a period of more than three months during 2014 will have to pay a penalty on their IRS federal tax return. This penalty is also known as Affordable Care Act Shared Responsibility Payment. The ACA has given taxpayers who went without having health insurance for a period during […]
In response to high call volume for assistance and a website that has gotten slow and started crash at times, Covered California issued and Agent Alert notifying Certified Insurance Agents that they were extending the deadline for 2015 renewals and enrollment until December 21, 2014. URGENT! You Have Extra Time to Help Consumers Complete Enrollment for January 1st! […]
The federal government is reaching out to behavioral health counselors and therapist to educate them on how the Affordable Care Act works so they can encourage members of the LGBT community to enroll in an ACA health plans. Sometimes the professionals who provide important health services through health plans offered through Healthcare.gov and CoveredCa.com can be the […]
Covered California released several Job Aids or technical summaries related to ACA open enrollment for 2015. The guides cover a variety of different consumer situations from changing plans, making the initial binder payment, and the overall functionality of the CalHEERS online enrollment system. Some of the functions can only be performed by certain certified agents, counselors or […]
