Planning for your parents retirement…you should be!
- ACA, Affordable Care Act, Fidelity Health Care, Filial, Filial Support Law, financial planning, financial plans, Health, Health Insurance, Healthcare, Medicaid, No Health Insurance, Obamacare, Pittas, Retirement, Retirement Planning
Ever hear of Filial Support Law?
The little unknown law on the books of 29 states that has the possibility to impact anyone who has a parent residing in them. Under this law each state can go after the families of people who have unpaid health costs which they accrued while being enrolled under Medicaid.Read more
What you don’t know about Obamacare will hurt you… The Cadillac Tax
- Cadillac Tax, Employee health insurance, Health, Health Care, Health Insurance, Healthcare, No Health Insurance, Obamacare, Taxes
Pages 729 through 736 lay the breathe taking groundwork of a new tax, the Cadillac Tax, that will impact not only you, but also your employer (this includes any of those defined as self employed too!).
This new tax, the Cadillac Tax, which is detailed on page 729 of the Affordable Care Act is a penalty on any employee who has excessive health coverage through employment in terms of a dollar amount and it will be imposed on:Read more
Why Health Insurers are canceling health plans due to Obamacare
As the Affordable Care Act (ACA) settles in it has been come increasingly clear that not everybody will be able to keep their plan. The reason why health insurers are canceling health plans, if one was to a little digging, is really simple.
Due the ACA or Obabacare there have been specific mandates in what is needed to be offered in every health plan in terms of what is provided as coverage and some of these specifics can found on pages 36 through 38 of the actual law (if somebody just read this before they voted to pass it things may have been different).Read more