Health Care Reform: General Q & A for Individuals

Posted by on Jan 6, 2015 in Health Insurance News I’ve heard a lot about the health care reform law. When did the reforms go into effect? The health care reform law, the Affordable Care Act (ACA), was signed into law by President Obama in March 2010. The changes made by the ACA take effect over a period of years. Some of the law’s changes are already in effect, such as the individual mandate. Other changes will become effective in the...
read more

Healthcare Reform: Applying for Marketplace Subsidies and Reporting

Posted by on Dec 3, 2014 in Health Insurance News Health Insurance Marketplaces (also known as Exchanges) are organizations set up to provide alternative markets for buying health insurance. They offer a choice of different health plans, certify plans that participate and provide information to help consumers understand their coverage options Individuals can purchase insurance through a Marketplace if they are: • Not currently incarcerated; • A...
read more

Individual Health Insurance 101 Guide

Posted by on Dec 3, 2014 in Health Insurance News Introduction Health insurance is a crucial but often complicated part of the healthcare system, and it is not always as easy to understand as straightforward medical bills or even other forms of insurance. However, health insurance is much more than just an added hassle to the doctor-patient relationship. It is a key safeguard that can enhance your quality of life for decades to come. When you...
read more

Health Care Reform: Marketplace Subsidies, Medicaid and CHIP

Posted by on Dec 3, 2014 in Health Insurance News Under the Affordable Care Act (ACA), uninsured individuals are required to buy insurance or face a tax penalty. When you use a health insurance Marketplace, you may be able to get lower costs on monthly premiums or out-of-pocket costs, or get free or low-cost coverage. Subsidized coverage—or coverage that’s obtained through financial assistance from programs to help people with low and middle...
read more

Understanding a Health Savings Account

Posted by on Dec 3, 2014 in Health Insurance News What is a health savings account? Otherwise known as an HSA, a health savings account can be funded with your taxexempt dollars. Dollars from the account can help pay for eligible medical expenses not covered by an insurance plan, including the deductible, coinsurance and even health insurance premiums in some cases. Who is eligible for an HSA? Anyone who is: Covered by a high deductible health...
read more