Tagged: Health Insurance

If you're investing to protect yourself from something that may happen 20 or 30 years down the road, you'd like to be confident that your plan will keep pace with the times.

That's a calculation purchasers of long-term care insurance have to make. But a provision in those policies that people rely on to help ensure their coverage will meet their needs decades hence may fall short.

Quite a few families with expensive job-based health insurance may be ineligible for federal subsidies to help them buy cheaper coverage through new online insurance markets, under final rules released Wednesday by the Internal Revenue Service.

The two rules, published by the Treasury Department here and here, uphold earlier proposals outlining what is considered affordable, employer-sponsored coverage.

Health insurance plans now have to cover the full cost of breast pumps for nursing mothers. This is the result of a provision in the Affordable Care Act (aka Obamacare), and the new rule took effect for many people at the start of this year.

It's led to a boom in the sale of the pumps, which can cost hundreds of dollars.