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Health Care


  • Submitted on 28 January 2016

    Created on January 28, 2016
     

    If you – or someone you know – needs health insurance, now’s your chance to sign up for quality and affordable coverage.

    Visit HealthCare.gov right now to apply and enroll in coverage.

    Here are a few fast facts about getting covered through HealthCare.gov:

  • Submitted on 07 January 2016

    Created on January 7, 2016
     

    The SHOP Marketplace is ready to offer businesses an easier way to provide health insurance to employees with valuable new features for 2016.

    With 2016 coverage, SHOP Marketplace small employers can:

  • Submitted on 20 November 2015

    Created on November 20, 2015
     

    Healthcare SignupDid you know that small businesses can enroll in SHOP Marketplace coverage from November 15 through December 15 without meeting a participation requirement? This one month window is available to small businesses each year. Outside of this window, in most states, small businesses generally must meet a minimum participation requirement of 70% in order to enroll in SHOP Marketplace coverage.

    You must enroll in SHOP Marketplace coverage by December 15th to take advantage of this one month window. Visit Healthcare.gov to learn more and enroll in SHOP Marketplace coverage today!

  • Submitted on 03 November 2015

    Created on November 3, 2015
     

    The Health Insurance Marketplace  It’s time to get covered.  Open Enrollment for 2016 coverage started on November 1 and runs through January 31. HealthCare.gov is working for millions of Americans and it’s ready to help even more get covered. The deadline is December 15 to sign up for coverage that starts on January 1, 2016.  If you want to start the New Year with coverage, you must sign up by December 15. For people who enroll after December 15, coverage will begin on February 1.

    Financial assistance is available. Most people who enroll in health coverage through HealthCare.gov qualify for financial help to make their monthly premiums more affordable. Over 7 out of 10 people can find a health insurance plan for as little as $50 or less per month.

  • Submitted on 04 August 2015

    Created on August 4, 2015
     

    Healthcare ITThe Health Information Technology (Health IT) sector has become an important, dynamic sector reshaping the healthcare system in the United States.  As other countries increase investments in their healthcare systems, they are interested in investing in digital products and services, driven by computers and mobile phones, rather than through paper-based systems. As a result, U.S. Health IT companies have become prime candidates to offer the technologies and services needed to meet the requirements of the 96 percent of patients based outside of the United States. The International Trade Administration (ITA) is committed to providing U.S. Health IT exporters the data-driven market intelligence they need to succeed globally – whether finding a company’s next export market or comparing opportunities for first-time exporters.

    This is the first Top Markets Report on the Health IT sector, providing exporters with analysis of future export opportunities, and possible barriers companies may encounter overseas. The Health IT Top Markets Report, part of the larger Top Markets Series, includes a methodology used to rank 80 potential export markets, eight country case studies, and several charts and graphs which show the market potential for the sector. The Health IT Top Market Report is forward looking, using data and analytics to project the strongest markets for future export growth; designed to help exporters compare opportunities across borders, identify opportunities for market expansion and/or market entry; and help exporters prepare effective strategies for entering or expanding their presence in foreign markets.

    So what does the future hold for the sector? With approximately $7 trillion in healthcare expenditures worldwide, the opportunities available for the Health IT sector are vast. However, since the rules and regulations governing the sector may not be keeping up with the innovations being developed, companies would greatly benefit from counseling and guidance from ITA when exploring opportunities overseas, both from the Top Market Report, but also through the ITA network of resources located worldwide.

  • Submitted on 19 May 2015

    Created on May 19, 2015
     

    EmployeesThis post originally appeared on IRS Health Care Tax Tip 2015-30

    The Affordable Care Act contains several tax provisions that affect employers. Under the ACA, the size and structure of a workforce – small, or large – helps determine which parts of the law apply to which employers.

    The number of employees an employer had during the prior year determines whether it is an applicable large employer for the current year. This is important because two provisions of the Affordable Care Act apply only to applicable large employers. These are the employer shared responsibility provision and the employer information reporting provisions for offers of minimum essential coverage.

  • Submitted on 12 April 2015

    Created on April 13, 2015
     

    1095-A, 1040 Tax formsThis year’s tax season is the first time tax filers will be asked to provide basic information regarding their health coverage on their tax returns.

    Here’s what taxpayers need to know:

    1.    Most people just need to check a box: Most tax filers – about 75 percent – will just need to check a box when they file their taxes to indicate that that everyone in their household had coverage for all of 2014. This applies to people who had health coverage through their employer, Medicare, Medicaid, among other sources.

  • Submitted on 02 March 2015

    Created on March 2, 2015
     

    ACA Tax ProvisionsSmall employers should be aware of changes to the small business health care tax credit, a provision in the Affordable Care Act that gives a tax credit to eligible small employers who provide health care to their employees.

    Beginning in 2014, there are changes to the tax credit that may affect your small business or tax-exempt organization:

    • Credit percentage increased from 35 percent to 50 percent of employer-paid premiums; for tax-exempt employers, the percentage increased from 25 percent to 35 percent.

    • Small employers may claim the credit for only two consecutive taxable years beginning in tax year 2014 and beyond.

    • For 2014, the credit is phased out beginning when average wages equal $25,400 and is fully phased out when average wages exceed $50,800. The average wage phase out is adjusted annually for inflation.

    • Generally, small employers are required to purchase a Qualified Health Plan from a Small Business Health Options Program Marketplace to be eligible to claim the credit.  Transition relief from this requirement is available to certain small employers.

  • Submitted on 10 February 2015

    Created on February 10, 2015
     

    Healthcare WebsiteAs a business owner, it’s important to understand what the new health care law means for you and how you can benefit. There are a lot of misconceptions out there, so here are the facts you should know.

    Before the Affordable Care Act (ACA), small businesses paid on average 18% more in premiums than their larger competitors for the same benefits. The ACA helps small employers by lowering premium cost growth and increasing access to quality, affordable health insurance.

  • Submitted on 06 January 2015

    Created on January 6, 2015
     

    The Department of Labor's Occupational Safety and Health Administration reminds all employers and workers of the importance of maintaining a healthy, influenza-free workplace this season and throughout the New Year.

 

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