The question of who is and who is not considered a full-time employee has recently become a lot more important. This is due to the looming deadline concerning the employer mandate (part of the Employer Shared Responsibility Provision) of the Affordable Care Act (ACA), or Obamacare. The law basically states that any business employing fifty […]
Archives for January 2016
What Is a Qualifying Event for Health Insurance?
When signing up for insurance you’ll find that most providers offer open enrollment periods, generally at a set time each year, that last for just a couple of months. During this time, participants are allowed to sign up for coverage, make elections concerning coverage, and generally lock in the particulars of their policy, which then […]
What Is Gap Health Insurance?
Not to be confused with the short coverage gap exemption under the Affordable Care Act (ACA), or Obamacare, which allows for less than three consecutive months without coverage in a year sans penalty – gap health insurance is designed to account for gaps in your health insurance coverage. If you find yourself paying for a […]
What Is the Employer Mandate in Obamacare?
The Affordable Care Act (ACA), also known as Obamacare, includes an Employer Shared Responsibility Provision concerning the expectations for certain employers to provide mandatory healthcare benefits for their employees. The employer mandate is included in the Employer Shared Responsibility Provision, and it basically states that large employers share in the responsibility of providing affordable health […]
My Health Insurance Went Up
Healthcare reform is an undertaking on a massive scale. With upwards of 320 million people living in America, how could it be otherwise? Whether you were one of the many Americans able to keep your health insurance following the implementation of the Affordable Care Act (ACA), or Obamacare, you had to switch policies or providers, […]
Can a State Opt Out of Obamacare?
The Affordable Care Act (ACA), or Obamacare, is not only a law, it is a federal program that provides every American with affordable health insurance options based on their needs and their particular circumstances. Because it is available to every U.S. citizen, states cannot “opt out” of the program, per se. That said, some states […]
Can Green Card Holders Apply for Obamacare?
Under Obamacare, or the Affordable Care Act (ACA), every American citizen is required to obtain health insurance that meets standards for minimum coverage. To ensure that every citizen has access to affordable options, the healthcare marketplace (including state exchanges) was established, allowing Americans to enroll and receive options for plans that would meet both their […]
Can I Keep My HSA under Obamacare?
Much like flexible spending accounts (FSAs) available under some employer health plans, HSAs, or health savings accounts, allow people to set aside funds to cover out-of-pocket expenses associated with medical care. The only real difference is that FSAs are better suited to insurance plans with high premiums and low deductibles, whereas HSAs are more advantageous […]
Does Obamacare Require Photo ID?
In order to qualify for coverage under Obamacare, or the Affordable Care Act (ACA), applicants must meet certain criteria and provide certain information. To begin with, Obamacare is designed for use by Americans. This means that if you want to take advantage of health insurance coverage and services offered through the ACA, you must be […]
How Does Obamacare Affect Federal Employees?
Whether you had insurance before the passage of the Affordable Care Act (ACA), also called Obamacare, or you went uninsured, chances are the implementation of healthcare reform has had some impact on you. Some health insurance companies folded while others had to amend their policies to come into compliance with new laws concerning standards for […]
