Tag: Health InsuranCe

Calculating & Reporting Your ACA Individual Shared Responsibility Payment

Beginning January 1, 2014, the individual coverage mandate rules of the Patient Protection & Affordable Care Act (ACA) generally required most American citizens to maintain health coverage meeting the “minimum essential coverage” mandates of ACA or pay an “individual shared responsibility payment.” With the deadline for filing 2014 individual tax returns rapidly approaching, Americans now generally will be required to show their fulfillment of or exemption from this mandate or pay the “individual shared responsibility” payment that ACA imposes as a penalty for failing to meet its individual coverage mandates when filing their 2014 individual tax returns

Senate Finance Committee Chair Baucus Introduces New Version of Health Care Reform, The America’s Healthy Future Act of 2009

Senate Finance Committee Chairman Max Baucus (D-MT) today (November 19, 2009) introduced his latest health care reform proposal, the America’s Healthy Future Act of 2009 (S.1796), the text of which is available for review here. Chairman Baucus’ introduction of S. 1796 follows the November 7, 2009 passage by the U.S. House of Representatives of the massive health care reform proposal sponsored by Representative John Dingell (D-MI) and supported by Speaker Nancy Pelosi, the Affordable Health Care for America Act (HR. 3962). Review highlights and get link to text of bill here!

Guaranteed Access to Health Insurance Act of 2009 (HR 4020) Would Help States Establish Risk Pools To Expand Coverage

As House Speaker Nancy Pelosi pushed forward with plans for House members to vote on the House Democratic Leadership’s proposed health care reform package, Congressman Michael Burgess (R-Tx), a physician, on November 4 introduced a much shorted health care reform proposal, the Guaranteed Access to Health Insurance Act of 2009 (HR 4020).