What Are the Health Care Changes In 2013?

by Lydia B • No Comments

What Are the Health Care Changes In 2013?

The biggest year for Affordable Care Act would be in 2014.  This is because during this year the federal subsidies for purchasing health insurance will start.  This is also the time when the penalties for not purchasing health coverage will...

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Finally Illinois Small Businesses Have a Health Insurance Cooperative

by Lydia B • No Comments

Finally Illinois Small Businesses Have a Health Insurance Cooperative

The Small Business Advocacy Council is happy to announce that the Illinois state is now receiving funds for its health insurance cooperative.  It has been two years since the state of Illinois is fighting to receive funds and approval for its...

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New Taxes for Health Care Are Coming

by Lydia B • No Comments

New Taxes for Health Care Are Coming

Starting this coming Jan. 1, new taxes will be implemented in order to help finance the health care overhaul of President Barack Obama.  Most people may not notice it now but they will be aware of it once the Congress starts imposing taxes on...

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Baby Boomers Can Benefit From the Health Reform Law

by Lydia B • No Comments

Baby Boomers Can Benefit From the Health Reform Law

After the Supreme Court’s decision and the presidential election, the federal government is now moving forward in the implementation of the Affordable Care Act which baby boomers can benefit from.  During the recession, the Boomers were the...

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The Promises of the Health Reform Law

by Lydia B • No Comments

The Promises of the Health Reform Law

The health reform law offers a lot of promises to consumers and one of them is the affordable insurance rates which can be obtained by low income and middle income individuals.  However, do you know that delivering this promise won’t be...

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Health Insurance Premiums of Employers Increased By 62%

by Lydia B • No Comments

Health Insurance Premiums of Employers Increased By 62%

Based on the report from the new Commonwealth Fund, the premiums that the employers have to pay for its family health insurance plans have increased to 62% between 2003 and 2011.  This report was done in order to monitor the trend in...

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Tax Advice »

The Commissioner of IRS Warns the People about AMT

December 20, 2012, No Comments

The Commissioner of IRS Warns the People about AMT

The AMT or the Alternative Minimum Tax can affect at least 100 million people.  You may not be aware that the AMT can quickly increase your tax bill...

Life Insurance »

Sun Life’s Annuity Business Is Sold to Delaware Life Holdings

December 19, 2012, No Comments

Sun Life’s Annuity Business Is Sold to Delaware Life...

Delaware Life Holdings will purchase the annuity business and life insurance business of Sun Life Financial Inc.  Its base price is $1.35 billion...


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