Nearly 10 million Americans signed up for health insurance through the Marketplace exchanges in 2015, according to data released this month by the Centers for Medicare & Medicaid Services (CMS). As of the end of June 2015, approximately 9.9 million consumers had enrolled: 7.2 million through the federal Marketplaces and the so-called Healthcare.gov states and…
As health care benefits change, what does it mean for how those benefits are taxed?
Submitted by KRISTEN YUNKER I can appreciate all the good intentions behind the Affordable Healthcare Act. I’ve spent my life working in low-wage service jobs, without benefits; I’ve only been to hospitals for stitches and tetanus shots – which would’ve been devastating expenses for me had they not been Workers’ Comp claims. Even moving into…
My favorite part of tax law and tax policy, after I’ve sorted through it all in my own head, is picking the brains of my readers. I love hearing what other taxpayers think about tax policy and how the interpretations of the readers might differ from my own. That’s the fun part of having a…
So today was the day: SCOTUS has ruled on the Affordable Health Care Act (also called “the health care law” and “Obamacare”). The Supreme Court has backed the entire law on a 5-4 with Chief Justice Roberts as the swing vote. Predictably (well, for tax geeks like me), the decision hinged on a number of…
