In 2010, President Barack Obama passed theAffordable Care Act (ACA)or Obamacare to help reduce healthcare costs for families and ensure more people were able to access health insurance. Originally, it required everyone to have qualifying insurance, or they would face a tax penalty. However, it...
One has to wonder how this is even possible when ObamaCare was passed under the promise of affordability and access. While some may argue that “rate shock” has become a mechanism for insurance companies to scare the market, the reality is that economics really leave the insurance market with...
The Affordable Care Act Premium Tax Credit is a new refundable tax credit that can lower your monthly health insurance premiums. If you qualify for the tax credit, you can claim the Premium Tax Credit throughout the year to lower your monthly health insu
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We cover everything you need to know about how ObamaCare works for you, your family, and your business.
To sign up for ObamaCare find your state’s health insurance marketplace, create an account, then enroll in a plan. Sign up for ObamaCare during open enrollment.
Finally, what else do you expect from your health insurance provider? Hire them as you would for any other member of your team and consider at least three options to make the best choice for you. What unanswered questions do you have about buying a health insurance policy?
The Affordable Care Act, also known as Obamacare or ACA, requires most Americans to have health insurance that meets a government standard known as "minimum essential coverage," or MEC. Whether your insurance qualifies as MEC depends not on the plan itse
Can You Buy a Health Plan that Isn’t Obamacare? You can buy aplan that isn’t Obamacareat any time. You don’t have to wait for open enrollment. A fewalternatives to Obamacareinclude short term health insurance, faith-based plans, and fixed-indemnity plans. While these plans are typic...
Inearlier work, I considered whether people marry in order to obtain health insurance coverage. Becoming a dependent on a spouse's plan is one of the main channels toprivate health insurancecoverage. By allowing young adults to stay on their parents' plans, the provision facilitated an alternativ...