There are a number of reasons why you might decide to cancel your health insurance plan. Maybe you started a new job and are now eligible for the company’s better coverage. Perhaps you recently turned 65 and now qualify for comprehensive Medicare. Or unfortunately, maybe you got laid off a...
The Affordable Care Act requires most Americans to have health insurance, but what if you need help paying for coverage? The Premium Tax Credit is a new refundable tax credit that can lower your monthly health insurance premiums. To qualify for the credit, you must: purchas...
All plans can no longer drop members who become sick or injured after obtaining coverage; nor can they cancel plans due to honest mistakes made in filling out application forms. Preventative care must be covered with no co-pay or requirement to meet a deductible. All plans must end lifetime ...
experts say you could face caps on your coverage that expose you to enormous medical bills. Preventive care and birth control could cost you more. Medicare beneficiaries could face higher premiums, deductibles and copays. Insurers could cancel your policy retroactively for even minor mistakes on you...
Almost immediately, said Kaiser's Pollitz. The federal government makes the CSR payments at the end of each month, and it has already paid for July. That could end as soon as August, which would quickly ripple through the insurance market. "If the administration were to cancel today, it'...
Nearly 65 percent of uninsured adults who were aware of Obamacare marketplaces said they had not visited one to seek coverage because they didn’t think they would be able to afford it according to The Commonwealth Fund, a private organization aimed to promote a high performing healthcare syste...
If you can qualify for healthcare subsidies, life gets easier. You won't have to worry as much about medical bankruptcies as well. Healthcare costs in this country are simply out of control! The Huge Rise In Healthcare Costs Before the birth of our son in 2017, ...
(2017). How Young, Uninsured Americans Respond to News Coverage of Obamacare: An Experimental Test of an Affective Mediation Model. Mass Communication and Society: Vol. 20, No. 5, pp. 614-636.doi:10.1080/15205436.2017.1333621Martin, Jason A...
Until 2021, many Americans found the subsidies did not apply to them, or they did not realize they qualified for government assistance for their healthcare coverage. The affordability problem continued, with a large number of people still living without insurance. However, that changed in March ...
While President-elect Donald Trump isn’t likely to attempt to overturn theAffordable Care Act (ACA)as he tried to do during his first term, he is expected to institute or oversee changes to Obamacare and theHealth Insurance Marketplacethat could have sweeping effects. The big...