Neil Primack Individual Health Insurance Premium Subsidies in State
Exchanges

The...  moreIndividual Health Insurance Premium Subsidies in State
Exchanges

The
Patient Protection and Affordable Care Act (PPACA) contains’ provisions to
lower individual health insurance premiums for those with household incomes
below 400% of the federal poverty line (FPL). Starting in 2014 there will be
significant health insurance subsidies provided under PPACA for people
purchasing individual health insurance coverage through the new public health
insurance exchanges.

New
rules give states the option of extending coverage in Medicaid to most people
with incomes under 133% of the FPL. For households with higher incomes (up to
400% of the FPL), PPACA will provide tax subsidies, reducing premium costs. These
tax subsidies will begin in 2014.

Households
with income between 100% and 400% of the FPL who purchase coverage through a
state health insurance exchange are eligible for a tax subsidy to reduce the
cost of their coverage. In states without expanded Medicaid coverage, people
with inco...    less

Neil Primack Health Care Reform Checklist for Individuals &
Families

Whether...  moreHealth Care Reform Checklist for Individuals &
Families

Whether
you are uninsured, or just want to explore new options, the new health
insurance marketplace will give you and your family choices. Starting October
1st, 2013, you will be eligible to enroll in health insurance via the new
health insurance marketplaces (for coverage starting January 1st, 2014). Here's
step-by-step check list to ensure you are prepared for the October 1st, 2013
open enrollment.

Step 1 - Find out
whether your employer will offer group health insurance post-2014!

There
are two primary categories of health insurance to choose from:

Individual health insurance,
Group health insurance.


1) Individual
Health Insurance

Individual
health insurance plans are purchased by individuals to cover themselves or
their families. Anyone can apply for individual health insurance. In 2014,
insurance companies will no longer be able to decline individuals for health
...    less

Neil Primack Health Care Reform Definitions for the Consumer:   

In 2014, significant portions of health care reform take effect.
As a result, individuals and small business owners will want to understand the
f...  moreHealth Care Reform Definitions for the Consumer:   

In 2014, significant portions of health care reform take effect.
As a result, individuals and small business owners will want to understand the
following terms:

Affordable Care Act (ACA) is the
administration's preferred name for the health care law. The actual title is
the Patient Protection and Affordable Care Act, or PPACA .

Employer mandate refers to the new
federal requirement, effective January 1, 2014, that companies with 50 or more
full-time equivalent workers’, pay a tax penalty to the government if    

1)
the company does not offer coverage and/or  

2)
one or more of the company's employees obtain subsidized coverage through a health insurance exchange.

Individual mandate refers to the new
federal requirement, effective January 1, 2014, that American citizens pay a
tax penalty to the government if they fail to purchase health insurance through
an employer, a go...    less