Under the Affordable Care Act (ACA), minimum essential coverage (MEC) is any health insurance coverage that meets the individual shared responsibility requirement, also known as the individual mandate. While the federal tax penalty for not having MEC is no longer in effect for individuals, MEC is...
The health care reform legislation that became law in 2010 - known officially as the Affordable Care Act and also as Obamacare - requires most Americans to have a basic level of health insurance coverage. This requirement is commonly referred to as the l
Form 1095-B is a tax form that reports the type of health insurance coverage you have, any dependents covered by your insurance policy, and the period of coverage for the prior year. This form is used to verify on your tax return that you and your depen
Just like with a general power of attorney, an agent's authority under a durable power of attorney is broad. Depending on the type of durable power of attorney used, this authority may include: Paying bills Managing investments and property ...
The Tricare open season runs through Dec. 10. Some Tricare beneficiaries are also eligible for the Federal Employees Dental and Vision Insurance Program, or FEDVIP. That program’s open season ends on Dec. 9. It’s also the time to enroll in the dependent care flexible...
Medigap, or Medicare Supplement Insurance, covers the gap between original Medicare and your medical costs.
A health reimbursement arrangement (HRA) is a benefit that allows employers to reimburse employees for health insurance premiums and medical expenses.
Because of the repeal of the individual mandate, the Supreme Court may reverse its decision in NFIB v. Sebelius, under which the ACA could tax. This could greatly impact both employers’ and individuals' current health insurance requirements. ...
insurance coverage includes coverage offered in the individual market, through or outside an exchange, and student health insurance coverage. The surprise billing regulations do not apply to plans or insurance providing only excepted benefits (such as dental or vision coverage, specified disease ...
You can also getMedicare Advantagefrom a private insurance company. These plans typically include Medicare Part D, Part A (hospital coverage), and Part B (physician coverage). Medicare Advantage plans may include other benefits like vision, hearing, anddental care. ...