Why is my Insurance Company asking for my Social Security Number?

Recently, your health insurance company may have requested your Social Security number, as well as the Social Security numbers of your spouse and your qualifying dependents. Due to a new reporting requirement, you will need to report qualifying health coverage...

IRS Releases ACA Reporting Forms and Instructions

The IRS recently released the final forms and instructions for Section 6055 and 6056 reporting. Additionally, the IRS released Publication 5196, Understanding Employer Reporting Requirements of the Health Care Law, in order to help employers prepare for reporting in...

Self Funded Medical Plans – How do they Work?

Here is a video I made that explains how Self Funded Medical Plans work. I’ve used the diagram you’ll see in this video countless times to help people understand the parts of a self-funded program and how the protections help make the plan budget-able and...

60 Minutes Takes on Medicare Fraud

Last Sunday night, CBS’s “60 Minutes” ran a not-to-be-missed expose of something that the Center for Health Transformation has been warning about for months: The unbelievable amount of fraud taxpayers are footing the bill for in the Medicare and...