Navigation Links
IRS Caps Fines on Uninsured Americans at $12K for Family of 5
Date:7/28/2014

e, divorce or birth of a child.

The next open enrollment period begins Nov. 15. Coverage purchased during that time won't take effect until 2015.

Separately, federal health officials on Thursday said some 6.8 million families are due to get a refund from their health insurer this summer. The refunds, averaging $80 per family, will be made in the form of a check or premium reduction, according to the U.S. Department of Health & Human Services.

The refunds are the result of a provision in the Affordable Care Act barring insurers from spending more than 20 percent of premium dollars on administration and marketing expenses.

In a press release, U.S. Health and Human Services Secretary Sylvia Burwell said ACA provisions like this one "provide Americans better value for their premium dollars."

In a blog for the National Center for Policy Analysis, a free market think tank, health analyst Greg Scandlen said consumers do not benefit from the rebate provision because insurers can overcharge people and earn interest on that money over the course of a year.

"So consumers in effect are simply giving the insurers an interest-free loan for a year," he wrote.

More information

HealthCare.gov has more about Affordable Care Act coverage.

SOURCES: Internal Revenue Service, Revenue Procedure 2014-46; July 25, 2014, Associated Press; July 25, 2014, news release, U.S. Department of Health & Human Services


'/>"/>
Copyright©2014 ScoutNews,LLC.
All rights reserved  

Page: 1 2

Related medicine news :

1. Study Redefines What a Healthy Vagina Is
2. New Comprehensive Chromosome Screening Program at Pacific Fertility Center Refines Embryo Selection, Improves Pregnancy Rates
3. Serving up San Francisco’s Finest Little Gem, Tanimura & Antle Little Gems™ Sweet Lettuce
4. Story-Telling At Its Finest: Atlanta-Area Agency Frederick Swanston Brings Home the Gold
5. Boulder's Very First Cannabis Dispensary Continues To Provide Colorado With The Finest In Organic Medicine
6. American Medical Association Defines Obesity as a Disease Affecting 90 Million Americans
7. Issue III registry defines best syncope candidates for cardiac pacing
8. AvePoint Redefines Mobility, Allowing Users to Access Content, Trusted Devices, and Locations with AvePoint Perimeter
9. Marsy Beron Looks at How to Avoid the Confines of Labels
10. Is Your Business Prepared to Pay $125,000 in Fines from a Wage and Hour Audit?
11. Save the Date: Bay Area’s Finest Dance Companies to Perform at Second Annual Cancer Benefit
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
IRS Caps Fines on Uninsured Americans at $12K for Family of 5
(Date:5/24/2015)... (PRWEB) May 24, 2015 Women's ... about hair loss. Although it is unclear about the ... are environmental factors such as metabolism, nutritional deficiencies, thyroid ... they offer a comprehensive approach to evaluating the metabolic, ... woman, they can help patients find a cause for ...
(Date:5/24/2015)... May 24, 2015 Scientists with Cardno ... on air quality compliance issues that may have raised ... Surviving Mesothelioma has just posted an article on the ... , The group found airborne asbestos levels well above ... between 1984 and 2011. , “Asbestos compliance sampling data ...
(Date:5/24/2015)... ProPin is a set of self-animating 3D pin ... ProPin to pin point locations on a map, to indicate prices ... allows users to choose from 30 simplistic presets with geometric design ... video editors can easily manipulate ProPin presets as a whole. ... ease. , Using ProPin is easy, simply drag a preset into ...
(Date:5/24/2015)... WI (PRWEB) May 24, 2015 ... Health System CEO - The ... and honored at the fourth annual ... April 15 at Geneva National in ... school): ,     -Badger High School,         Jonathan ...
(Date:5/23/2015)... 23, 2015 On May 13, Nithyananda ... a youngster's yogic power learned through meditation and initiation ... in Bangalore, India. , Yogamaatha, a nine-year-old girl from ... high profile professionals attending the 2015 Business Advocacy Summit ... -- blindfolded. , In a demonstration that lasted ...
Breaking Medicine News(10 mins):Health News:Women's Excellence Now Treats Menopausal Hair Loss 2Health News:New Analysis Finds Too Many Employers Ignored OSHA Asbestos Guidelines, According to Surviving Mesothelioma 2Health News:Developers at Pixel Film Studios Release ProPin for Final Cut Pro X. 2Health News:Mercy Foundation Honors 16 Students for Making a Difference - Mercy Health System Javon Bea 2Health News:Nine-Year-Old Reads Blindfolded at Business Advocacy Summit 2Health News:Nine-Year-Old Reads Blindfolded at Business Advocacy Summit 3
... Ceylan, from Turkey evaluated their experience in 48 cases ... ages ranged from 5 months to 24 years with ... performed at various centers or during religious ceremonies in ... found that the most commonly observed complication was preputio-glandular ...
... toxic chemicals and industrial effluents in sea and soil could increase ... obesity was thought to be the most important factor in the ... body does not produce enough insulin - necessary for the body ... by South Korean researchers has shown that people whose bodies are ...
... casts a shadow the length of a lifetime.” , - Herbert ... Sana was home alone, happy in her imaginative world of fairies ... neighborhood household. A knock on the door jolted her out of ... man, her uncle, was a devil in disguise. He locked the ...
... men, the erectile-dysfunction drugs Viagra, Cialis, and Levitra are ... in Midlife and Beyond,// a new report from Harvard ... the emotional and relationship pressures that frequently accompany erectile ... work only if the man is feeling sexual desire ...
... Australia’s already pressured hospital system would struggle to cope ... of a large-scale emergency, say trauma and emergency specialists.// ... preparedness targets for Australasian hospitals, says Dr Anthony Joseph, ... ,In the latest Medical Journal of ...
... A study conducted recently has shown that students who ... tendencies // like those who did not participate in ... not create the desired positive impact. ... being spent by the Federal government annually on the ...
Cached Medicine News:Health News:Child Abuse - When God’s Gifts Land in Devils’ Clutch 2Health News:Child Abuse - When God’s Gifts Land in Devils’ Clutch 3Health News:Can Our Hospitals Cope In A Disaster? 2
(Date:5/22/2015)... 22, 2015 Research and Markets ... the "Latest Regulations on Pharmaceutical International Multi-Center ... offering. This is first time in ... on international multi-center clinical trials of drugs in ... to be implemented on March 1, 2015. The ...
(Date:5/22/2015)... -- In a sweeping analysis assessing the current state of ... researchers conclude that there remains considerable room for improving ... groups, but especially for adolescents and young adults. The ... underscoring the need to address barriers to care and ... 1 patients achieve optimal metabolic control. ...
(Date:5/22/2015)... , May 22, 2015 AcelRx Pharmaceuticals, Inc. ... on the development and commercialization of innovative therapies for ... that interim chief executive officer Howie Rosen ... chief financial officer Tim Morris will be ... the two presentations are as follows: Jefferies ...
Breaking Medicine Technology:2015 Regulations on Pharmaceutical International Multi-Center Clinical Trials in China 2Study Reveals Poor Disease Control Among Adolescents and Young Adults with Type 1 Diabetes 2Study Reveals Poor Disease Control Among Adolescents and Young Adults with Type 1 Diabetes 3Study Reveals Poor Disease Control Among Adolescents and Young Adults with Type 1 Diabetes 4Study Reveals Poor Disease Control Among Adolescents and Young Adults with Type 1 Diabetes 5AcelRx Pharmaceuticals to Present at Two Upcoming Investor Conferences In June 2
... RESEARCH TRIANGLE PARK, N.C. , June 15 ... co-promotion arrangement with Novartis Vaccines to jointly market and sell ... , , ... (Rabies Immune Globulin [Human]), an essential component of rabies post-exposure ...
... SPRING, Md. , June 15 The Food and Drug Administration ... sold with droppers that could allow excessive dosing of Vitamin D to infants. ... (Logo:   http://photos.prnewswire.com/prnh/20090824/FDALOGO ) , ... The FDA also advised manufacturers of liquid ...
Cached Medicine Technology:Talecris Forms Partnership to Co-Promote Life-Saving Rabies Products 2Talecris Forms Partnership to Co-Promote Life-Saving Rabies Products 3Talecris Forms Partnership to Co-Promote Life-Saving Rabies Products 4Talecris Forms Partnership to Co-Promote Life-Saving Rabies Products 5Talecris Forms Partnership to Co-Promote Life-Saving Rabies Products 6FDA Cautions on Accurate Vitamin D Supplementation for Infants 2
... the way for faster, easier, and more ... utilizes the latest digital FireWire technology, allowing ... images. Its ease of use allows technicians ... extraordinary time reduction frees technicians to perform ...
... The ADVIA 1200 system features a small footprint, which ... , , Standardization as Part of the ADVIA ... same reagents, calibrators and controls as the other members ... the same proven reliability. , , Meets Workload ...
... The Stryker Wedge Suture Anchors are ... sizes and styles. The Wedge anchors are ... surgeon and OR staff. The following sizes ... 1 Suture, 5.0mm Single Eyelet 2 Sutures, ...
RCB™ Rotator Cuff Buttress is a completely resorbable plate that will alleviate suture migration in open or mini-Open rotator cuff repairs....
Medicine Products: