Like all other groups receiving health insurance through their job or a spouse’s employment, some military members and their families will see major changes due to the enactment of the Affordable Care Act (ACA), or Obamacare, while others will only be minimally impacted by healthcare reform. To begin with, it should be said that TRICARE […]
Archives for January 2016
What Are the Subsidies for Obamacare?
One of the ways the Affordable Care Act (ACA), or Obamacare, was able to provide low-cost health insurance for those in need was through the use of government subsidies, or financial assistance. The idea was to help low-income Americans reduce their out-of-pocket expenses so that everyone could enjoy health insurance coverage, including the estimated 30 […]
What Does Out of Pocket Mean in Health Insurance?
When it comes to paying for health insurance, very few people get off scot-free. Certainly, your insurance will cover many of your healthcare expenses, including a percentage of costs for doctor and hospital visits, medical exams and procedures, and needed pharmaceuticals. The amount of coverage will depend on the plan you choose. However, you first […]
What Is the Income Limit for Obamacare?
The Affordable Care Act (ACA), more commonly known as Obamacare, may have been designed to help low-income Americans and other underserved groups obtain affordable health insurance coverage, but because it is a federal law, it is available to every American citizen, and even many legal residents of the U.S. that aren’t yet citizens. As such, […]