Category: Announcements
Most health insurance companies on kynect ask for higher rates in 2016
Most health insurance companies want to raise prices on Kentucky’s health exchange next year, and some companies are blaming the Affordable Care Act for the higher costs.
Source: Most health insurance companies on kynect ask for higher rates in 2016
Medicaid enrollment under ObamaCare soars, raising cost concerns
Several states that chose to expand Medicaid under ObamaCare are now facing high-than-expected costs, the result of more signups than anticipated and the federal government soon paying less.
Source: Medicaid enrollment under ObamaCare soars, raising cost concerns
TIPS – Make Sure Your Doctor is “In-Network”
Are you receiving your Medicare benefits through a MedicareAdvantage PPO or HMO plan, OR, an “on-exchange”/”off-exchange” Obamacare or legacy healthcare plan? If so, be sure to do the following when seeing any doctor for the first time.
At the front desk or with your doctor’s billing representative, show your MedicareAdvantage membership card (from Humana or Anthem BC/BS or other) and ask them if they can verify that they are “in-network” for your plan. Do NOT ask them if they take your plan. Inevitably they will nearly always say they will “take your insurance and file it” for you.
This does not mean that they are in-network and could cause you to have higher copays, and/or you may not even be covered for the visit.
What you need to know is if your doctors are “in-network”. That is the key.
Obamacare sticker shock: Insurers propose rate hikes for 2016 – Jun. 2, 2015
Some insurers are proposing big rate increases for next year as their enrollees go to more doctors and need more medications.
Source: Obamacare sticker shock: Insurers propose rate hikes for 2016 – Jun. 2, 2015
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Social Security’s in worse shape than you thought: Study
New research finds that the Social Security Administration’s bleak funding forecasts are actually too optimistic.
Source: Social Security’s in worse shape than you thought: Study
The Results Are In: Obamacare Is Driving Up Medicaid Rolls
Sen. John Barrasso says Obamacare has mostly been an expansion of the failing Medicaid program.
Source: The Results Are In: Obamacare Is Driving Up Medicaid Rolls
The Results Are In: Obamacare Is Driving Up Medicaid Rolls
Sen. John Barrasso says Obamacare has mostly been an expansion of the failing Medicaid program.
Source: The Results Are In: Obamacare Is Driving Up Medicaid Rolls
Attention Kynect.com Members: ACA (“Obamacare”)
If you have NOT yet received any Form 1095-A from Kynect and have NOT yet filed your 2014 income tax return, the IRS advises to file Form 4868 (request for an automatic extension) by April 15.
Once you receive your Form 1095-A, you should file your tax return using the information from the form. Please note that if you file a Form 4868, you have more time to file, but not an extension to pay any tax you owe. There is more information on Form 4868 at IRS.gov.
If you have NOT yet received Form 1095-A and HAVE filed your 2014 income tax return, the IRS requires you to file an amended return once you receive your Form 1095-A. For more information about Form 1095-A and filing your taxes, please click Get Answers under Tax Questions?.
Kynect.com