IRS releases 2015 HSA limits
The Internal Revenue Service has changed the HSA (Health Savings Account) deductible limit for 2015 from $1,250 to $1,300 for self-only coverage and from $2,500 to $2,600 for family and embedded deductible coverage. Many South Carolina health plans will change to comply with these new deductible limits in 2015. You can view the new limits […]
IRS releases new instructions for the Affordable Care Act
As reported by Benefitsnews, the IRS (Internal Revenue Service) has released new draft instructions, notices and a publication to help taxpayers and tax preparers deal with the premium tax credits associated with the Affordable Care Act. The draft instructions were released last week (week of September 15, 2014) for Form 8962, “Premium Tax Credit,” and […]
2015 SC Health Plan Information
CLICK HERE to view all South Carolina Health Plan rates. Last Wednesday, the South Carolina Department of Insurance released preliminary information about 2015 health insurance plans available on and off the Health Insurance Marketplace. These plans will be available for enrollment during the 2015 Open Enrollment Period which begins November 15, 2014 and ends February […]
Important Update: Nason Medical Centers Remain In Network for BCBS, Bluechoice
Per press releases from Bluecross Blueshield of South Carolina and Bluechoice Healthplan of South Carolina, an agreement has been reached to allow Nason Medical Centers to remain in network. Per the release: BlueCross BlueShield of South Carolina has reached an agreement with Nason Medical Centers that will keep them in our provider networks. This includes […]
Time Insurance Files plans for South Carolina Health Exchange 2015
Update: Click here to view 2015 Time/Assurant plans and rates! Big news for the South Carolina health insurance marketplace in 2015! SChealthconnector.org has recently learned that Time Insurance (also known as Assurant Health) has filed plans and rates in South Carolina for the 2015 plan year. Although we must note that nothing is yet confirmed, this […]
2015 Obamacare Rates
Interested in seeing a high level view of 2015 Obamacare rates and changes? This map from Price Waterhouse Cooper has a very concise, detailed summary of rate increases/decreases, number of issuers & number of new plan bids, along with additional information. Unfortunately, information from South Carolina is not yet available, but check back often for the […]
ACA Legislative Update: Al Franken proposes “Family Coverage Act”
It has been brought to our attention that Senator Al Franken (D-Minn.) has introduced a bill known as the Family Coverage Act. You can view the summary here. What is the Family Coverage Act? The Family Coverage Act intends to correct the “Family Glitch” which prohibits many families from obtaining affordable coverage under the new […]
Health Plan Extension Information
Do you have an Individual Health Insurance plan purchased prior to January 1st, 2014? Is your policy Grandfathered or Non-Grandfathered? Curious as to how long you can keep your Non-Grandfathered policy? The map below from the America’s Health Insurance Plans, also known as AHIP, is a great tool for determining what extensions your State Insurance Commissioner may […]
Open Enrollment has Ended!
Open enrollment for South Carolina residents under the Affordable Care Act or “Obamacare” ended on March 31st 2014! The additional extended enrollment time for individuals who had technical difficulties ended on Tuesday April 15, 2014. HOWEVER, many South Carolina Residents may still qualify for a “Special Election Period” or SEP, which allows you to enroll […]
Smoking Cessation coverage: Obamacare
Smoking cessation coverage: Obamacare. Many of the new Qualified Health Plans sold on the federal health insurance marketplace website include smoking cessation prescription coverage! In 2013, Americas Health Rankings ranked South Carolina 38th in the nation of states whose population smokes. The American Heart Society reports that “You probably know about the relationship between smoking and lung […]