Wednesday, November 13, 2013

ObamaTax Update: Non-Exchange Edition

Had enough news about the ongoing meshugas that is the Exchange?

Me, too. So, in a demonstration of civic spirit, here's some ObamaTax news that has nothing to do with the Exchanges:

■ We've warred with them, killed their leader and continue to keep them in a Cuban prison-camp, but that doesn't mean that we don't care about their health (check the article's headline for an explanation):

"Non-citizens are eligible for Medicaid and CHIP (Children’s Health Insurance Program) ... the documentation and verification process for such enrollments was significantly eased by regulations in the Affordable Care Act."

9/11? Never heard of it.

Some good news for folks who object to the birth control convenience items mandate:

"In a 2-1 ruling on Friday, a federal appeals court in Chicago upheld the rights of both individuals and companies to challenge Obamacare's contraception-abortifacient-sterilization mandate."

We last discussed this case last December, proving once again that the wheels of justice grind ever-so-slowly.

Did you know that November is Long Term Care insurance awareness month? Well it is, and here's some interesting news from one of the players:

"Executives at Manulife Financial ... think the benefits of staying in the private long-term care insurance (LTCI) market outweigh the benefits of getting out."

That's good news for fans of competition, which tends to help drive prices down and quality up (generally speaking).

The bad news is that they're considering some substantial rate hikes:

"The average increase in the new round would be about 25 percent."


If you're on the fence about considering LTCi for yourself or a loved one, Herman Brun's excellent post on the topic has stood well the test of time.
blog comments powered by Disqus