2017 ObamaCare (ACA) Repeal and Replacement via American Health Care Act (AHCA) by Trump Republicans


[Latest Update – March 2017] The house GOP has announced their proposed first phase repeal and replacement of ObamaCare. They are calling this bill the American Health Care Act. It has the following features. Expanded tax credits and health savings accounts (HSA) for individuals. For those under 30, a $2,000 tax credit will be provide, while a person over 60 would be […]

Read the full article →

Obamacare ACA Maximum 2015 Penalty To Top $12,000 For Higher Income Earners


For the 2015 tax year, the Obamacare or Affordable Care Act (ACA) shared responsibility is set to double from a maximum $975 per household in 2014 to approximately $12,850 per household. This is based on the percentage of income criteria, versus the flat tax/penalty amount outlined below. To avoid being subject to this penalty individuals […]

Read the full article →

2016 Marketplace Health Insurance Plans & Prices Rising Under Obamacare (Affordable Care Act)


[2016 updates] 2016 health insurance premiums under the state and federal health care system (Affordable Care Act) are rising. No doubt about that. The question is by how much. Recent reports and have a broad range (from 6% to 15%) as health insurance companies have started submitting requests to the regulator (insurance commissions) for big price increases in […]

Read the full article →

2016 vs. 2017 Obamacare Health Insurance Subsidies and Tax Credits


Despite ObamaCare, formally known as the Affordable Care Act, having been around for several years now there is still considerable uncertainty around the various tax credits and subsidies on premiums, deductibles, co-payments, and coinsurance. The value of these credits and subsidies are generally dependent on your modified adjusted gross income (MAGI) and family size and can significantly impact […]

Read the full article →