As is the case with many components of the Affordable Care Act (ACA), otherwise known as Obamacare, there is no simple yes or no to this question. There have been multiple lawsuits, some settled and some still ongoing, that challenge various aspects of the new healthcare law. One such case that made it all the […]
Archives for February 2016
Is Congress Exempt From Obamacare?
There has been a lot of hubbub surrounding alleged exemptions for members of Congress where Obamacare, or the Affordable Care Act (ACA) is concerned. Some claim that Congress enjoys unfair advantages that other Americans do not; while others say that such exemptions are nothing more than a myth. The truth is that members of Congress […]
Is Obamacare a Law?
The short answer to this question is yes. Obamacare is the common name for the Patient Protection and Affordable Care Act, which is generally shortened to the Affordable Care Act, or ACA. All of these are names for the same federal statute, which was approved by both houses of Congress and then signed into law […]
What Is Group Health Insurance?
Many people have used the passage of Obamacare, or the Affordable Care Act (ACA), to sign up for affordable health insurance policies through state-run exchanges. Those who qualify have even been able to take advantage of assistance when it comes to paying for this mandated coverage. Others have continued to purchase insurance outside of the […]
What You Need to Know About Insurance Copays
Copay or copayment Copays are the fixed amount that you are responsible for paying. Doctor office visits, ER visits and prescription drugs can all have copay amounts. However, health insurance plans are not required to have copays – copays are an added benefit, therefore copay plans are typically more expensive. Top things you need to […]
Important Obamacare Deadlines
Open Enrollment: CLOSED Enrollment opens in the fall of 2016, most likely in October. At this time, anyone under the age of 65 will be able to sign up for ACA/Obamacare health insurance plans. These plans will begin coverage in January 2017. Special Enrollment: All year If you have experienced a major life event (such […]
What Is Indemnity Health Insurance?
There were a lot of options for health insurance coverage before the implementation of Obamacare. While the transition inherent to healthcare reform definitely took some time, the addition of new options has helped a lot of people that were previously unable to obtain health insurance due to cost or preexisting conditions. However, you may still […]
Can an Employer Pay for Individual Health Insurance?
The passage of Obamacare, or the Affordable Care Act (ACA), spelled considerable change for the entire healthcare industry. Many individuals were able to gain health insurance for the first time despite obstacles like low income or preexisting conditions that had prevented them from obtaining coverage in the past. Of course, the law also mandated that […]
Can Obamacare Be Repealed in 2016?
The Affordable Care Act (ACA), more commonly known as Obamacare, is relatively unlikely to be repealed at this point, regardless of ongoing opposition. From the very beginning, before the ACA was even passed, there were those who were against healthcare reform. However, Obamacare did pass and the healthcare system in the United States was reformed […]
Can You Have Two Health Insurance Policies?
Technically, you could purchase any number of health insurance policies, and there are reasons why you might want to or why you may end up with multiple insurance policies even if you don’t necessarily seek them out. On the other hand, having more than one insurance policy could also bring excessive complication to your life. […]
