“One year after the Supreme Court upheld the Affordable Care Act’s mandate that all Americans acquire health insurance, a significant chunk of uninsured Americans are unaware of that looming requirement, a new poll shows.” –CBSNEWS
How many of you are aware that starting October 1, 2013, Americans without health insurance will be able to enroll in a health plan, either through their state’s online marketplace or a private insurance broker?
There are approximately 32 million Americans who don’t have health insurance. Obamacare’s main goals are to provide affordable health coverage to all Americans and to protect them from the unfair policies that were set by insurance companies.
Did you know that people with pre-existing conditions can no longer be charged higher premiums or denied coverage? There will also no longer be any lifetime dollar limits on their coverage, or loss of insurance due to an accident or catastrophic illness, for example. This is a huge relief for families who face enormous medical bills.
Preventive Services, such as mammograms and colonoscopies will be free—no more co-pays or deductibles.
Young adults will be able to stay on their parents’ plans until they’re 26, and those 19 years and under with a pre-existing condition will no longer suffer with limited coverage.
What many don’t know is that those who are considered low income will greatly benefit from Tax Credits. For instance, a family of 4 whose annual income falls below $88,000 may be eligible for tax credits, which would help them with their insurance premiums. Tax credits will also financially help the small business owner with providing insurance to their employees. Additionally, if you’re single and unemployed, earning up to $15,000 annually, you could be eligible for Medicaid.
Find out whether you can benefit from tax credits, lower your existing payments, or qualify for Medicaid during a free consultation with us.