Friday, February 22, 2013

What Employers Should Know About Healthcare Changes Ahead

Insurance Journal published an article on "What Employees Should Know About Healthcare Changes Ahead" The article discussed what would happen after Obamacare.  5% of companies are using the approach in which they give their employees a set amount of money to buy their own health insurance.

The article suggested the follow as to what you can do currently:
  • This year's tax season matters
    • Look at your tax return you may qualify for subsidies
    • Income levels will determine premium costs and what is covered by tax credits
    • If you and your spouse file separately consider filing jointly
  • Educate yourself
    • Public Exchanges are going to start October 1, 2013 open-enrollment for health insurance begins.
  • Save money
    • If you have a HSA (Health Savings Account) they are unsure if these will carry-on after 2013 so the article suggested to max these out & you will have money later.
    • Insurance costs could rise in 2014
For the full article, please click the following link: What Employers Should Know About Healthcare Changes Ahead

For additional billing, coding, and reimbursement resources please click the following link: Medical Reimbursement Resources Page