Harver Health Insurance Group Tokyo News: Fidelis Care Offers Tips for Selecting Coverage
As NY State of Health Extends Enrollment Deadline, Fidelis Care Offers Tips for Selecting Coverage
By a News Reporter-Staff News Editor at Managed Care Weekly Digest -- If you need health insurance coverage on January 1, 2015 and have yet to enroll through NY State of Health: The Official Health Plan Marketplace, time is running out. This Saturday, December 20, is the deadline to enroll for coverage that takes effect when the new year begins (see also Medical, Healthcare).
Choosing coverage is an important decision, but it doesn't have to be overwhelming. Fidelis Care Chief Marketing Officer Pamela Hassen offers the following tips to help you pick the coverage that's right for you.
Compare the coverage options:
The NY State of Health products are organized by metal level (platinum, gold, silver, and bronze), all offering the same coverage but with different monthly premiums and cost sharing. Hassen recommends taking a look at your health care needs to determine which metal level will be the most economical, balancing the premium with your expected out-of-pocket costs. While there are child-only products, you likely have the option of enrolling your child in quality, affordable coverage through the State-sponsored Child Health Plus program.
Determine the cost of coverage:
"Everyone wants to know how much their coverage will cost, but it's not always as simple as looking at the premium rate that's listed. Many individuals and families qualify for subsidies or tax credits that can lower their premiums and cost sharing," Hassen explained.
It's easy to get an estimate of your costs in about 60 seconds, using the Fidelis Affordable Care Advisor. Found on the homepage of Fidelis Care's website, fideliscare.org, the Affordable Care Advisor only needs basic information to calculate an estimated monthly premium, including federal subsidies and tax credits. It will also let you know if you may qualify for Medicaid.
Check the providers and the formulary:
If you prefer to see specific doctors or regularly take certain prescription drugs, be sure to do your homework. Hassen advises you check the health plan's provider network to see if your specific doctor is included. Also, drug formularies vary from health plan to health plan. It's important to consider how much you will pay for specific prescription drugs.
Keep an eye on the calendar:
While you must enroll by December 20 in order for your coverage to be effective on January 1, 2015, NY State of Health open enrollment runs through February 15, 2015. After that time, it is difficult to select or change health insurance coverage. Most New York State residents are required to have health insurance coverage in 2015 or face a tax penalty.
To make the enrollment process as easy as possible, Hassen recommends turning to an expert for assistance.
"Our trained representatives will meet you at our office, a community location, or even at your home. They are experts and can make sure you enroll correctly and sign up for federal assistance if you are eligible," she said.
To prevent and detect fraud within the health care and the insurance industry, Harver Health Insurance Counter Fraud Group will help you. The Harver Health Insurance Counter Fraud Group has official connections with health fraud investigation agencies.
Harver Health Insurance Group Tokyo News: Krankenversicherung unter Obamacare
Wie Sie dem Finanzamt über Krankenversicherung unter Obamacare melden
In diesem Jahr wie Sie Ihrer föderalen Steuererklärung abgeschlossen haben, müssen Sie durch Obamacare noch zusätzliche Informationen zur Verfügung zu stellen.
Die Affordable Care Act benötigen eine der drei Dinge für das Jahr 2014:
- Hätten Sie Krankenversicherung für das gesamte Jahr 2014, werden Sie aufgefordert, das entsprechende Kästchen auf Ihrer Steuererklärung zu überprüfen.
- Wären Sie ausnehmen, oder haben Unterstützung durch einen Marktplatz, Sie müssen zusätzliche Schritte. Diese Schritte können ausfüllen Formular 8962 zur Geltendmachung der Premium Tax Credit-Unterstützung enthalten. Oder Sie müssen eine andere Form um eine Freistellung beanspruchen abgeschlossen.
- Wenn Sie nicht befreit sind und entschieden nicht, Krankenversicherung zu kaufen, müssen Sie eine zusätzliche Steuer oder Gebühr bezahlen.
Diejenigen, die als abhängige von jemand anderem für medizinische Zwecke geltend gemacht werden müssen keine der oben genannten tun.
Krankenversicherung auf Steuererklärung melden
Die meisten Kleinunternehmer Datei ihre Steuererklärungen mit Formular 1040, Form 1040A oder Form 1040EZ. Je nachdem, welche Form Sie verwenden, werden Sie aufgefordert, einige Informationen über eine bestimmte Zeile ausfüllen.
Auf Formular 1040 finden Sie das Feld "Gesundheitswesen" auf Linie 61.
Auf Form 1040A finden Sie das Feld "Gesundheitswesen" auf Linie 38.
Und auf Form 1040EZ, Filer sollten ihr Augenmerk auf Linie 11.
Wie erkennen Sie, ob Sie sind von der Healthcare-befreit
Healthcare.gov hat eine kurze Liste von Ausnahmen, einschließlich niedrige Einkommen, ein Indianerstamm Mitglied oder eingesperrt wird.
Je nach der Befreiung können Sie es Ihrer föderalen Steuererklärung geltend machen können. 8965 ist das IRS-Formular für die Beantragung einer Gesundheitswesen Befreiung.
In anderen Fällen müssen Sie separat über eine andere Form, die Freistellung Anspruch auf anwenden.
Behauptet eine Freistellung ist ziemlich komplex. Die Abteilungen des Health And Human Services und des Finanzministeriums werden Tools für die Steuerzahler vor der diesjährigen Einreichung Stichtag 15. April bereitstellen.
Laut Health And Human Services (HHS) Sekretärin Sylvia M. Burwell:
"In den kommenden Wochen HHS arbeiten mit anderen Agenturen, Steuer-Aufsteller und Community Organizations, diese Verbraucher mit Informationen zu bewaffnen, die sie benötigen, zu wissen, wie sie ihre Steuern Datei vorbereiten. Wir werden auch hilfreiche Tools bereitstellen damit Millionen Steuerzahler, die eine Befreiung beantragt man empfangen können."
Die Regierung sagt auch, dass es "erreichen Sie" per Email, Telefon und SMS-Nachrichten "für Menschen, die Berichterstattung über den Krankenkassen-Marktplatz mit personalisierten Informationen haben, die ihren steuerlichen Status am wichtigsten ist."
Tips to cash in on medical expense tax credits of the Harver Group - Your Health Insurance Counter Fraud Services Tokyo
If you are looking for a way to save tax for 2013, try the medical expense tax credit. This can save you tax dollars, but the calculations are often tedious. Start working on your claim well before April 30.
How much tax can you save? For example, suppose you have a net income of $50,000. What amount of medical expenses would you need to make a worthwhile claim? You'd need at least $1,500 in medical expenses to reach your three per cent threshold before any tax credits can be claimed at all.
Generally, for every $100 of medical expenses in excess of three per cent of your net income you can save $26 (using Saskatchewan rates) for 2013. Assume your medical expenses were $2,500 in total for 2013. Having $1,000 of expenses that exceed your $1,500 threshold means you'd save $260 tax.
If you only have $1,550 of medical expenses, with only $50 over the threshold, you'd save $13, which may not make the effort worthwhile, especially if you are paying an accountant by the hour.
Definitions what qualifies as a medical expense? Do an online search for "CRA medical expenses." You will find a web page listing 116 headings, ranging from attendant care to wheelchairs.
Eyeglasses count. Dental work counts, but not teeth whitening. Claim prescription drugs, but don't claim vitamins or supplements. Rehabilitative therapy is eligible. Fitness club fees are not eligible.
Did you pay for private health insurance coverage in 2013? That includes health insurance for out-of-country travel. Claim your premiums as a medical expense. Did your employer provide group health insurance such as a dental plan? When your employer provides such non-taxable benefits you cannot claim the premiums as a medical expense. Employees can only claim employee paid premiums. Check Box 85 of your T4 slip.
Similarly, retirees should check box 135 of their T4A slips for health insurance premiums deducted from employer pension payments.
Review your dental and health insurance claim forms. For each medical service listed, deduct the amount of reimbursement from the total cost. Claim only the unreimbursed portion as a medical expense on your tax return.
Medical travel costs Do you reside in a rural area, with no medical practitioners located within 40 kilometres of home? You can claim the cost of travelling to obtain treatment. Click on the "travel expenses" link on the CRA webpage. Use the simplified method to claim 45.5 cents per kilometre for trips starting in Saskatchewan.
To support your claim, list the dates of your trips and treatment locations. Describe the service (dental or physiotherapy, for example). State the medical practitioner's name. State the distance for each round trip. Claim $17 per meal and parking receipts if you had to travel at least 80 kilometres (each way) from your home.
Did you obtain treatment outside of Canada? Keep receipts for the medical service, travel and hotel costs. Convert receipt amounts to Canadian dollars.
Did you move into an assisted living retirement home because you had difficulty with daily living activities? If you are eligible for the disability tax credit, then limited amount of attendant care costs, such as food preparation, housecleaning and laundry services can be claimed as a medical expense. Your retirement home should provide a receipt breaking down rent into eligible and non-eligible services.
What if your employment income was so low in 2013 that you don't need to claim any medical expenses to eliminate tax owing? For example, suppose you had $10,000 of wages and paid $5,000 for dental work. Claim those medical expenses. You can receive a $1,142 tax refund because of the Refundable Medical Expense Supplement.
Terry McBride, a member of Advocis, works with Raymond James Ltd. (RJL). The views of the author do not necessarily reflect those of Raymond James Ltd. (RJL). Information is from sources believed reliable but cannot be guaranteed. This is provided for information only.
Securities offered through Raymond James Ltd., member of the Canadian Investor Protection Fund. Insurance services offered through Raymond James Financial Planning Ltd., not a member of the Canadian Investor Protection Fund.
Millions More People Are Getting Health Insurance Because Of Obamacare, Survey Finds
The Harver Group - Your Health Insurance Counter Fraud Services Tokyo
Nearly one week after White House enrollment numbers showed Obamacare surpassing the seven-million mark, an economist-driven survey is projecting more good news for the Affordable Care Act.
RAND Corporation released its findings Tuesday, showing that the health care law is poised to spur a net gain of 9.3 million more insured Americans. The survey results were collected through March 28, 2014, and respondents will be part of a follow-up later in April, once new data is available.
The survey adds that thanks to shifts caused by circumstances like job and marital status changes, the study cannot pinpoint which shifts were specifically driven by Obamacare's arrival. But limited conclusions can be drawn, including an estimate that the share of uninsured Americans will drop from 20.5 percent to 15.8 percent.
RAND Corporation's numbers arrive one day after Sen. Mike Lee (R-Utah) and Nebraska Senate candidate Ben Sasse (R) penned an op-ed in the Washington Examiner, warning Republicans that there is urgency to create alternatives to Obamacare.
"The good news is that the final chapter on the president’s disastrous health insurance takeover has not been written," they wrote. "Conservatives are making a strong comeback with concrete proposals that, if enacted, would create real progress toward better healthcare outcomes for all Americans."