Health insurance (Affordable Care Act)

The Affordable Care Act, is putting all of us back in the driver’s seat when it comes to our own health care. It has already helped Americans gain access the healthcare they need.

AdobeStock_17893108.jpeg

What is ObamaCare?

ObamaCare is the unofficial name for The Patient Protection and Affordable Care Act, a health reform law signed on March 23, 2010 by President Barack Obama.

 

What the Affordable Care Act do?

The Affordable Care Act provides many important options to the under and uninsured, including:

 

  • Offers Americans a number of new benefits, rights and protections in regards to their healthcare

  • Sets up a Health Insurance Marketplace (www.healthcare.gov) where Americans can purchase federally regulated and subsidized health insurance during open enrollment. 

  • Expands Medicaid to all adults in many states.

  • Improves Medicare for seniors and those with long-term disabilities.

  • Expands employer coverage to millions of employees.

  • As of 2019, the individual mandate, which required you to have health insurance or pay a tax penalty, is no longer upheld at the federal level. There are still however 5 states that mandate it at a state level (Massachusetts, New Jersey, Vermont, California, Rhode Island & District of Colombia (Washington D.C).

Cost Assistance

 

Those making between 100% and 400% of the federal poverty level (FPL) may qualify for cost assistance through the marketplace. Cost assistance is only available through your state’s marketplace.

 

Find out if you qualify and how much ObamaCare will cost you from a SeniorHealthPro certified agent. Many Americans will be eligible for subsidized health insurance based on their Modified Adjusted Gross Income (MAGI), or even free coverage via Medicaid and CHIP.