Monthly Archives: January 2014

PRE-TAX PAYMENTS OF INDIVIDUAL HEALTH INSURANCE PROHIBITED – GROUP VS. INDIVIDUAL

January 22nd, 2014 (No Comments)

We have now been through two months of renewals under the new Affordable Care Act plans.   We have had the opportunity to compare the group rates to rates for individual plans available for purchase without any medical underwriting.   Overall, the individual plan premiums are up to 40% lower than the group plans.   While the group […]

ATTENTION EMPLOYERS WITH EMPLOYEES RESIDING IN MASSACHUSETTS

January 22nd, 2014 (No Comments)

MASSACHUSETTS HEALTH CARE REFORM ACT – FOR EMPLOYERS WITH EMPLOYEES RESIDING IN MASSACHUSETTS(Deadline January 31) The Massachusetts Health Care Reform Act requires Massachusetts residents to have health insurance that meets minimum standards or be subject to tax penalties.  This is a state tax penalty in addition to the new federal Affordable Care Act tax penalties.    […]