Affordable Health Insurance

Covered California launched a limited Open Enrollment Period for COBRA policyholders

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¬†Covered California launched a two-month limited open enrollment period for COBRA health insurance policyholders who want to transition to a health plan offered through the state health insurance exchange. Background COBRA — or the Consolidated Omnibus Budget Reconciliation Act of 1985 — allows individuals who lose their job or leave their position to continue coverage […]

Affordable Health Insurance

Health Saving Account Inflation Adjustment for 2015 slightly increased

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The IRS has released the 2015 inflation-adjusted amounts for health savings accounts (HSAs) in Rev. Proc. 2014-30. For 2015, HSA contribution limits and high deductible health plan (HDHP) out-of-pocket maximums are up slightly over 2014, while HDHP minimum required deductibles remain the same as 2013. * Annual Contribution Limits: $3,350 for self-only coverage and $6,650 […]