In the United States alone, there are dozens of health insurance (major medical) providers. Some of them operate privately. Others offer plans to individuals and businesses through the health insurance marketplace via state exchanges and SHOP (Small Business Health Options Program) plans. There are also a number of insurance providers that offer Medicare plans and […]
Archives for February 2017
How Does Obamacare Pay for Itself?
Any type of major reform at the national level is bound to cost something. The implementation of the Affordable Care Act (ACA), or Obamacare, is no exception. One of the major goals of the law is to regulate the healthcare industry over time. It provided affordable coverage options for U.S. citizens. Additionally it curbed healthcare […]
Does Obamacare Affect Private Insurance?
Obamacare, also known as the Affordable Care Act (ACA) was first enacted in 2010. It began the process of major healthcare reform. For millions, it provided an opportunity to obtain affordable healthcare where none existed before. It opened the door for those with pre-existing conditions to gain coverage that they were previously denied or overcharged […]
Does Life Insurance Get Taxed?
As the saying goes, there are only two guaranties in life: death and taxes. The whole idea behind purchasing a life insurance policy is to provide for your family in the event of your death. However, whenever money changes hands, the government wants their share. In some cases, the beneficiaries of your life insurance policy […]
Can You Cancel Obamacare Anytime?
By now, most people are well aware of the open enrollment period for health insurance. It occurs between the beginning of November and the end of January of the following year. During this time, you can enroll for, change, or cancel healthcare coverage. What about the rest of the year, though? What if you want […]
Best Health Insurance for Senior Citizens
There are tens of millions of senior citizens living in America. People are living longer and maintaining good health well into their twilight years. There is no denying that at some point, our bodies begin to deteriorate. Even seniors who maintain stellar health have a greater risk of health problems than the average 20-year-old. Due […]
