Most Americans must have health insurance. It’s the law. But as the 2014 tax filing season gets underway, you may be caught off guard by an extra tax of $95 or more due with your 2014 tax return. That’s because if you went for three consecutive months or more during 2014 without health insurance, you will be hit with a penalty tax (unless you are exempt). Here is the amount
Four Months and Counting to the Insurance Exchanges
Is anybody else as focused on October 1 as we are here at Virginia Medical Plans? Tomorrow, June 1, will start the four-month countdown to the opening of the health insurance exchanges (also known as the marketplace) created under the Affordable Care Act (ACA). Staying abreast of the latest news about ACA is almost like watching a race — a months-long race to a finish line that presents us with