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Get A Home Inventory Form

An accurate list of your home’s contents, from furnishings to clothing, toys to technology, will help you get reimbursed in the event of a fire, tornado or other covered loss.

Summary of Benefits requirement kicking in

Health insurance subscribers must be provided with a summary of benefits and coverage (SBC) on the first day of the first plan year that begins on or after Sept. 23, according to the U.S. departments of Health and Human Services, Labor and Treasury departments. The SBC must be a simple, straightforward document that is easy… Continue reading

What IS an HSA and Why Should I Want One?

Tax-sheltered savings for health care expenses now and in the future and lower medical insurance premiums are just two reasons to start a health savings account. Watch these informative videos about what an HSA is and why it can be a wise choice.MDA Insurance does not endorse any financial institution for providing these savings accounts; we are linking to this… Continue reading

Federal appellate court weighs health care reform law

Another sortie in the struggle to overturn the Patient Protection and Affordability Act played out in an Atlanta federal appeals court last week, as lawyers representing 26 states opposing the health reform law squared off against the U.S. Justice Department. Oral arguments lasted nearly 2.5 hours, according to published reports. The appellate court will decide… Continue reading

25th Anniversary Prize Winners Announced!

Special thanks to all who have submitted entry forms for the MDA Insurance and MDA Services 25th Anniversary prize drawings.  If you haven’t won, don’t give up!  We’ll continue to give away an Apple iPod Touch to one lucky person each month for the remainder of 2011.  Congratulations to the winners of our special drawing held at last month’s MDA Annual… Continue reading

W-2 Reporting Requirement Waived Until 2013

Dentists and other small employers will not be required to report health care premiums on employees’ W-2 statements for the 2011 tax year, the IRS announced. Calling it “additional transition relief,” the IRS said employers who file fewer than 250 Forms W-2 in 2011 will not be required to report the cost of health care… Continue reading

1099 Repeal Now Official

Congress has passed and the President has signed legislation that repeals the expanded 1099 information reporting requirements in the health care reform law. The measure enjoyed rare bipartisan support. The requirements, which were included in the Patient Protection and Affordable Care Act (PPACA), would have required businesses to report to the Internal Revenue Service any purchases… Continue reading