“This year, the average premium for a family hit $15,073,” reported Forbes contributor Sally Pipes in her most recent article for the magazine. Pipes, who is also president, CEO, and Taube Fellow in Health Care Studies at the Pacific Research Institute, wants the public to bear in mind that the new number represents a $1,303,… Read More
According to last week’s New York Times report, Medicare may be “subsidizing drug abuse” by several of its beneficiaries. Investigators from the Government Accountability Office have reported that Medicare has been slow to act on and recognize recent findings that show thousands of Medicare beneficiaries are shopping around for doctors who fill prescriptions for large… Read More
Findings from a recent study conducted by Rand Corp show that rising health care costs are hitting families much harder than many people realize. According to the research firm, although monthly household income was up $1,910 from 1999 in 2009, the average American family was left with just $95 more per month to spend by… Read More
New Guidance on W-2 Reporting Requirement
The IRS published new guidance on the W-2 reporting requirement that sheds much-needed light on this requirement of Health Care Reform, including: Employers who issue fewer than 250 Forms W-2 for the 2012 tax year are not required to report the cost of coverage on their 2012 W-2s; these employers will not be required to… Read More