When a young adult turns 19, they are no longer eligible for their parent’s health insurance. This can be a stressful time for families, as they need to find affordable and comprehensive health insurance for their young adult. The Affordable Care Act (ACA) provides several options for health insurance coverage for young adults. One option…
Introduction: It’s essential to ensure that your medical insurance claims are filed correctly to receive appropriate coverage. If you suspect inaccuracies or fraudulent activities, understanding your rights and responsibilities is crucial. Here’s a detailed guide on identifying, reporting, and protecting your healthcare interests. Identifying Inaccurate Claims: Review your Health Manager: Check your insurance portal regularly…
The Affordable Care Act (ACA), also known as Obamacare, is a comprehensive health care reform law that was signed into law in 2010. One of the key components of the ACA is the individual mandate, which requires most Americans to have health insurance. What is the Individual Mandate? The individual mandate is a provision of…
When you’re shopping for health insurance, it’s easy to focus on the monthly premium. But there are a number of other costs to consider, such as deductibles, copays, and coinsurance. These costs can add up quickly, so it’s important to factor them into your budget before you choose a plan. Deductibles A deductible is the…
In 2010, the Affordable Care Act (ACA) expanded Medicaid eligibility in 39 states. This expansion significantly changed the healthcare landscape for low-income individuals, providing them with access to affordable health insurance. What is Medicaid? Medicaid is a federally funded health insurance program that provides coverage to low-income individuals and families. It is administered by each…
The Affordable Care Act (ACA), also known as Obamacare, is a complex piece of legislation that has been the subject of much debate since its passage in 2010. One of the most controversial provisions of the ACA is the requirement that health insurers cover people with pre-existing conditions. Recently, the Justice Department announced that it…
Navigating the Costs of Birth Control: A Guide for Women In a recent post, a woman described being charged a hefty $300 fee at the doctor’s office for a birth control prescription. This incident highlights the importance of understanding how the Affordable Care Act (ACA) affects birth control coverage and what to do if you…
If you’re trying to apply for Medicaid and you’re being asked to provide proof that you don’t already have coverage, don’t panic. This is a common issue, and there are a few things you can do to resolve it. Contact the Medicaid Office Directly The first step is to contact the Medicaid office in your…
Understanding Premium Tax Credit Eligibility The Affordable Care Act (ACA) provides premium tax credits to help individuals and families afford health insurance. These credits are based on your income and household size. When you enroll in health insurance through the Health Insurance Marketplace, you provide an estimate of your income for the year. The Marketplace…
Introduction Navigating the complexities of healthcare insurance can be challenging, especially for immigrant couples with unique tax filing situations. This article explores the Advanced Tax Credit (ATC) and how it impacts immigrant couples who file taxes separately. Understanding the Advanced Tax Credit (ATC) The ATC is a tax credit that helps low- and moderate-income households…
Are you considering moving to a new state? If so, one important factor to consider is the availability and cost of health insurance. The Affordable Care Act (ACA) created health insurance exchanges in each state, making it easier for people to find and compare plans. There are two ways to compare health insurance plans on…
The Affordable Care Act (ACA) requires most Americans to have health insurance. If you don’t have health insurance, you may have to pay a shared responsibility payment (SRP) when you file your taxes. The SRP is a fee that helps to offset the cost of providing health insurance to low-income Americans. The SRP is calculated…
Introduction The Affordable Care Act (ACA), also known as Obamacare, has been a transformative piece of legislation that has impacted the American healthcare system in profound ways. As healthcare professionals, it’s crucial for us to understand the sustainability of health policies, especially those implemented through the ACA, to ensure the long-term well-being of our patients…
If you have health insurance through the Affordable Care Act (ACA), it is important to file your taxes on time. If you don’t file your taxes on time, you may lose your health insurance. The ACA is a federal law that provides health insurance to people who cannot get it through their employer or another…
Introduction: Turning 65 is a significant milestone that often brings about changes in health insurance coverage. For individuals enrolled in Marketplace health plans, aging into Medicare can be a confusing time. This blog aims to provide clarity on the transition process for couples where one spouse is turning 65 and enrolling in Medicare. Medicare and…
Self-employed individuals and business owners often face unique challenges when it comes to health insurance. They may find themselves paying high premiums for plans that don’t meet their needs. In this blog, we’ll explore the Affordable Care Act (ACA) and how it can help self-employed individuals and business owners get the health insurance coverage they…
Introduction Fire (Financial Independence, Retire Early) seekers are a growing group of individuals who are seeking to retire early and live a financially secure life. Health insurance is a significant consideration for early retirees, as it is a major expense that needs to be planned for. The Affordable Care Act (ACA) offers a number of…
The Affordable Care Act (ACA), also known as Obamacare, has witnessed a significant increase in enrollment over the past decade. This increase signifies the growing popularity and trust in ACA health insurance plans. As we approach the 2024 enrollment period, it’s crucial to stay updated on the latest changes and benefits offered by these plans….
The Affordable Care Act (ACA) provides health insurance subsidies to individuals and families who meet certain income requirements. These subsidies help make health insurance more affordable for those who need it most. However, as our user found, subsidy calculators are not always accurate. This is why it is important to understand how subsidies work and…
In the wake of retirement, many individuals face the challenge of navigating health insurance options. The Affordable Care Act (ACA), also known as Obamacare, plays a significant role in ensuring access to affordable health coverage for those who are not eligible for employer-sponsored insurance or Medicare. This blog aims to provide a comprehensive understanding of…
Losing your health coverage can be a stressful and overwhelming experience. If you’re in this situation, it’s important to know your options and how to get the coverage you need. One option to consider is the Affordable Care Act (ACA). The ACA is a health insurance law that was passed in 2010. It has made…
In the wake of the Affordable Care Act (ACA), many individuals have questions about their health insurance options. One type of plan that has sparked discussion is grandfathered health plans. In this blog, we’ll delve into the details of grandfathered plans, exploring their benefits and drawbacks to help you make informed decisions. What are Grandfathered…
As the January 15th ACA Marketplace enrollment deadline approaches, many individuals may encounter technical difficulties when attempting to access the online platform. This can lead to confusion and uncertainty, making it challenging to secure health coverage for the upcoming year. If you are unable to access the ACA Marketplace online, you are not alone. Others…
The future of the Affordable Care Act (ACA) is uncertain, with a looming Supreme Court case threatening its existence. This has raised concerns among those currently enrolled in ACA plans. In this blog, we’ll explore potential impacts and provide insights on your health insurance options moving forward. Impact of a Potential ACA Repeal If the…
When it comes to finding health insurance that meets your specific needs, it’s important to consider your state’s marketplace options. Whether you’re in Texas or Illinois, the Marketplace offers a wide range of plans that can provide coverage for essential services like physical therapy and mental health therapy. Texas vs. Illinois: Understanding the Differences Provider…
As the Affordable Care Act (ACA) open enrollment period approaches, families with ACA health insurance may face challenges in navigating the FAFSA (Free Application for Federal Student Aid) process and determining their income eligibility. This blog post aims to provide valuable insights and guidance on the Simplified Needs Test (SNT) for FAFSA, specifically focusing on…
HSA Funds: Can I Use Them for My Children Under ACA Health Insurance? If you’re getting divorced and will be the custodial parent of your children, you may wonder if you can use funds from your Health Savings Account (HSA) to cover their medical expenses. Even though your children will remain on your spouse’s employer-sponsored…
Introduction Navigating the intricacies of the Affordable Care Act (ACA) and the complexities of medical bills can be daunting. However, by understanding the key provisions of ACA insurance and employing strategic negotiation techniques, you can unlock significant savings and empower yourself as a healthcare consumer. The Importance of Financial Assistance The ACA established financial assistance…
The Affordable Care Act (ACA) has been a topic of debate since its inception. One of the main concerns that have emerged in recent years is the withdrawal of insurance companies from the marketplace. This blog post aims to provide an educational and engaging look at the impact of insurer withdrawals on the ACA and…
Proof of Income One of the requirements for obtaining health insurance through the Affordable Care Act (ACA) is that individuals provide proof of income. This is to determine eligibility for subsidies and to ensure that individuals are paying the correct amount of premiums. Self-employed individuals may encounter some challenges in providing proof of income since…