Part-time-health-insurance-resources-offer

How You Benefit From Offering Health Insurance Resources to Part-Time Employees Attracting and retaining strong talent is a growing concern across every industry. In 2015, 62 percent of C-Suite executives identified this goal as a primary focus for the coming year, up from 45 percent in 2014. Employee benefits are front and center in this effort, as health care reform continues into its next phase. Often, however, some of the top talent you need to attract are freelance contract workers or part-time employees, and it’s essential that you don’t exclude them from the benefits conversation. Here’s the approach you can…

What-to-do-if-IRS-sends-notice-owe_ACA_pentalites

What to Do If the IRS Sends a Notice Indicating You Owe ACA Penalties

What to Do If the IRS Sends a Notice Indicating You Owe ACA Penalties The Affordable Care Act affected more than just health insurance options; the ACA also changed what you report on your tax returns and how much in taxes or penalties you owe. After the Internal Revenue Service processes your tax return, you might get a letter from the IRS. Find the number of the notice (beginning with “CP”) or letter (beginning with “LTR”) in the top right corner of the paper. If you see either CP14H or CP15H, keep reading for more information on why you received…

HealthSherpa-Philadelphia-Trans-Health-Conference

HealthSherpa & The Philadelphia Trans-Health Conference Your Health Care. Your right.

HealthSherpa believes in health care for all. In the case of our LGBTQIA customers, we aim to be as knowledgeable and compassionate as possible in an effort to foster a safe space for this community to ask questions about their options and obtain health insurance. Assisting health care-seeking Transgender folks as they work to understand how to better navigate the Affordable Care Act and health care at large is vital. Often, the Transgender community does not have access to education, support, or affirming spaces to explore their unique and individual health options. This can include hormone medications, surgical options, mental…

Benefits-of-health-and-wellness-programs

Benefits of Health and Wellness Programs for All Employees

In the past two decades, the health care industry and employers’ involvement with health care witnessed many significant changes, most notably the Affordable Care Act. Wellness programs are not a new concept, but the offering of such programs has increased along with the types of benefits and incentives included. Numerous studies support advocates’ claims that health and wellness benefits for employees produce positive benefits for both the employee and the employer. The ACA encourages employers’ use of wellness programs in the workplace, adding guidelines for the implementation of both health outcome-based incentives and participatory wellness programs. Notable trends, as identified…

Drug-Teirs-How-They-Affect-You

Drug tiers: what they are and how they affect you

The medications you need are a vital component of your health care, and the Affordable Care Act requires all of its insurance plans to cover them. Each insurance company is permitted to choose which drugs they cover and how extensive their coverage will be. Before you decide to enroll in a plan, it’s important to take a look at the plan’s drug list (its “formulary”) as well as the plan’s structure (“tiers”) to learn how much you can expect to pay for your medications. The coverage differences between plans can be enormous: a drug that costs you $30 in one…

Will-I-Still-Be-Able-to_Afford-2017

Will I still be able to afford my health insurance in 2017?

Opponents of the Affordable Care Act (ACA) have made plenty of dire predictions since it was first signed into law in 2010, and this year brings a new crop of criticism. Some insurers are raising their premiums for 2017, and a chorus of critics are predicting extreme scenarios of skyrocketing – and unaffordable – prices. However, many people covered won’t notice much difference in their monthly costs, and some may even see a decrease.  This is part of the reason why our team at HealthSherpa always recommend that individuals and families shop for new coverage each year to get the…

Whats-best-for-me

What’s best for me: Medicaid, CHIP or the Marketplace?

With the Affordable Care Act came new and expanded options for more Americans to have access to essential health insurance benefits, either through Medicaid or the Health Insurance Marketplace. According to figures released by the Centers for Medicare & Medicaid Services, at the end of 2015, nearly 72 million people were enrolled in either Medicaid or the Children’s Health Insurance Program (CHIP). Slightly more than half were children. As of February 2016, about 16 million people were determined to be eligible to enroll in one of the Marketplace plans, and nearly 13 million people had signed up for a Marketplace…