Loop Holes: (4) Four Days To Obamacare Enrollment

Notice:   Comments made by C. Henry Adams does not directly reflect the views or opinions of Broadcasting Interest Enterprise, Inc. ,as well as, BIE Media Group, LLC.  Nor will his statements in this discussion relate to any policy or procedures utilize to operate the companies.


By C. Henry Adams

In my professional opinion, there are likely ' loop holes ' built-in every US Law.  But, what do I know about laws, fore, I'm not a Lawyer. 

However, ' statutory exemptions ' found on the IRS web page called, 'Questions and Answers on the Individual Shared Responsibility Provision'  says a lot.  

For clarifications purposes, I'm referring to ' statutory exemption ' as a ' loop hole ', although some people may or may not agree with my observation.

http://www.irs.gov/uac/Questions-and-Answers-on-the-Individual-Shared-Responsibility-Provision

Below is what I found regarding statutory exemptions:

1) If you are a member of a recognized Religious Sect per the Social Security Administration,you could plead 'religious conscience'  to statutory exempt yourself from the ACA.

2) If you are a member of a recognized Health care sharing ministry, you could be statutory exempt from the ACA.

3) If you are a member of a federally recognized Indian tribe, you are statutory exempt.

http://www.irs.gov/irb/2008-39_IRB/ar11.html

4) If your income is below the minimum threshold for filing a tax return, you could be statutory exempt. 

http://www.irs.gov/uac/Do-I-Need-to-File-a-Tax-Return%3F

5) Something regarding 'short coverage gap' where you weren't covered for less than three consecutive months during the year could make you statutory exempt.

6) If the Health Insurance Marketplace or Affordable Insurance Exchange certify that you  suffered a hardship you could be statutory exempt.

7) If the Healthcare Premium is more than eight percent ( 8% ) of your household income you could be statutory exempt.

8) If you are in jail, prison, or similar penal institution or correctional facility AFTER the disposition of charges against you could make you statutory exempt.

9) If you leave the US and no longer are a US Citizen or US National, as well as, alien lawfully present in the US, you could be statutory exempt.

An old cliche comes to mind, ' There is more than one way to skin a cat. ' 

So, what are your thoughts regarding our findings?

Thanks!







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Well, Its (6) Days Until Oct. 1st 2013 Obamacare Enrollment

Notice:   Comments made by C. Henry Adams does not directly reflect the views or opinions of Broadcasting Interest Enterprise, Inc. ,as well as, BIE Media Group, LLC.  Nor will his statements in this discussion relate to any policy or procedures utilize to operate the companies.


by  C. Henry Adams

Patient Protection and Affordable Care Act ("ACA") aka ("Obamacare")

Since Monday, Sept. 23rd 2013, I've been listening to the news on the Radio, watching TV, reading social media  comments, having conversations with individuals, as well as, reading documents regarding Obamacare.

Thus, I've come to the following conclusions:

1) Many people may or may not become confuse regarding enrollment in Obamacare starting Oct. 1st 2013.

2) The Clark Howard Show has a pretty good Podcast in my opinion of a previous broadcast regarding a Special Edition on Obamacare.  http://www.clarkhoward.com/Player/102127731/

3) Republican Senator Cruz of Texas filibustered for 21 hours hoping to defund Obamacare on Sept. 24th 2013.

4) There are four packages (Bronze, Silver, Gold & Platinum) regarding various Healthcare Insurance Premiums that individuals can choose from on the Healthcare Insurance Exchange starting Oct. 1st 2013.   https://www.healthcare.gov/

5) Individuals can opt out of getting healthcare insurance by paying from $95.00 USD up to 1% of their salary in penalties according to the IRS for 18 months.   http://www.irs.gov/pub/irs-pdf/p5093.pdf

6) There are eligibility requirements to receive subsidies to lower your healthcare insurance premium should you elect to purchase.

I'm going to stop here and let you review our findings for your own research.

Please feel free to share your thoughts, thanks!

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Exactly ( 9 ) Nine Days to the Obamacare Mandate (UPDATED)

Notice:   Comments made by C. Henry Adams does not directly reflect the views or opinions of Broadcasting Interest Enterprise, Inc. ,as well as, BIE Media Group, LLC.  Nor will his statements in this discussion relate to any policy or procedures utilize to operate the companies.

by  C. Henry Adams

It's exactly nine days to the Obamacare Mandate.  During this period of time, I'm going to try and give my professional opinion of the President, his Administration and the New Healthcare Law WITHOUT offending anyone.

Why?  Well,  I believe if we take a logical approach to looking at what is factual while seeking a solution for entrepreneurs, small business, medium-sized business and even non-profit organizations; we might just make some kind of progress.

Personal Feelings and Stance:  Personally, I'm not happy with certain policies the Obama Administration has put forth, however, I will not divulge those policies as a result of my U.S. Constitutional Rights.  I consider myself to be a Moderate Conservative,  I believe in tradition and change.  I vote Democrat, Republic or Independent;  this means I will vote in the best interest of myself, family, community, so forth.

CORRECTION:  For clarifications purposes, I discovered some oversight in the statement above. Basically, I would like to state that not all of the Obama Administration Policies I like.

'State the facts, let me examine them and leave the propaganda at home'... this is my motto when it comes to politics.

That being stated, please feel free to reference my personal feelings section anytime throughout the series of blogs that I will post.  It is my intent to strike up conversations.  However, I'm seeking the comments of individuals who are interested in presenting workable solutions.  I'm stepping out of my box to invoke workable solutions for business regarding the Obamacare Law that will start mandates on Oct. 1st 2013, Jan. 1st 2014 and beyond.



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Not Seeing Eye To Eye, But Moving In The Right Direction

Notice: Comments made by C. Henry Adams does not directly reflect the views or opinions of Broadcasting Interest Enterprise, Inc. ,as well as, BIE Media Group, LLC.  Nor will his statements in this discussion relate to any policy or procedures utilize to operate the companies.


By C. Henry Adams

Today, I received a telephone call and email from a Colleague who clearly does not see eye to eye with me regarding a certain business opportunity.  In fact, this person made it clear that all talks of business were off.

So, how do I react to this particular situation due to unforeseen circumstances completely out of my control?  Let's see, well I could reach out to the person and give them a piece of my mind - then hang up, but that would perhaps be immature.

Instead, I realize that I should let peace and harmony prevail while agreeing to disagree, yet, continuing to move forward.

Let's just say, I decided to shake the dust from my shoes and carry-on with business in another direction from that particular situation.

Is it a " constant  " to think that we as people will not always be on the same level or levels of thinking while moving forward in life?

Would it be sane to think that what we might think of as " insane " in the head of another person regarding business or even Worldly Affairs could one day prove logical to some degree?

Often times - lately,  I've recalled my late Father's wisdom through cliche(s) he would share with me as I grew from a young child to a young man.

Here is one....   "Slow your roll, focus and what you seek will come to you."

It is interpreted in my opinion as meaning to apply " Due Diligence ".

I can hear someone saying, " But, how does " Due Diligence " apply to two people not seeing eye to eye? "

My Reply:  A number of times when two people going in the same direction regarding a business standpoint doesn't see eye to eye it could be the following:

1)  Alone their journey, they have encountered a problem or obstacle restricting them.

2)  As a result of the problem or obstacle in the way, the two people might developed different ways, ideas or solutions to resolving the problem , yet,  no agreement is made to use one solution together.

3)  If neither party has faced this particular problem or obstacle before, finding the workable solution may take time from the journey. 

Patience is a virtue and makes the workable solution or solutions clear to visualize.  Failure to comply to patience could be an end result in reaching no workable solution.

So what is the recourse?   Perhaps, if not seeing eye to eye causes confusion, its best to make peace while moving forward on your own regarding the " Business " discussion at hand.

This is just an opinion, what are your thoughts? 

Thanks,
C. Henry




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Asking For A Hand Up and Not For A Hand Out

By C. Henry Adams


On Labor Day, Monday September 2nd 2013, I've decided to write a commentary called, " Asking for a Hand Up and NOT for a Hand Out".

There are many situations where people have asked for a hand up from a circumstance and been misunderstood for asking for a hand out of the same state of affairs.

These people that I speak of could perhaps be entrepreneurs, small business owners like myself, non-profit organization directors or even government officials who all seek to improve living in a society in various POSITIVE forms.

In fact, I will do something candid and perhaps taboo.  I will mention a story of a business owner, seeking a private loan from a colleague that could possibly yield the colleague twenty percent interest on the loan, plus the reimbursement.

Then again, I better tell you of this instance where a citizen seeking to run for an elected office in a small town did not have the registration funds in a timely manner to certify for the office they seek to run for or against.

You know, perhaps the story about one of the most powerful elected officials in a country is the one to tell.  With experience and some of the smartest, most intelligent people at their call, this person decided to call on the representatives of his nation to help him make the right decision.

OK, my point is simple....   Where there is a WILL, there is a WAY.  If someone comes to you in respect and all honesty -  at least perform due diligence.  When considering taking a risk, also consider having faith.

Also, perhaps it is important to know the difference from someone asking for a hand up or just for a hand out.   Forgive me if I have offended anyone.   There is nothing wrong with asking for a HAND OUT.  There is nothing wrong with asking for a HAND UP neither.

I hear someone asking, " C. Henry, what's your definition of a HAND UP?"   My Reply:  If the person advancing forward fail or succeed in their ventures.   Yet, they have the abilities to help themselves and have shown these abilities, as well as, more.  Furthermore, they need your contribution in some form to advance forward, this is a HAND UP situation.

If a person is NOT advancing forward and you have confirmed this in observation over a period of time that  there is NO MOVEMENT,  no effort to venture through trial and tribulations - this is a HAND OUT situation.

Please feel free to correct me if I'm wrong. Thank you in advance for any consideration.

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