What is Modified Adjusted Gross Income (MAGI), Adjusted Gross Income (AGI), Gross Income (GI), Family Income, Household Income, Etc? Modified Adjusted Gross Income (MAGI) is Gross Income (GI) Adjusted for deductions (AGI) and then Modified by adding some deductions back in (MAGI). On this page, we cover MAGI as it applies to Medicaid and the Marketplace…. Read More
Having Health Insurance means you are covered in an emergency. Not getting coverage could result in big fees for those who wait until taxes are due. Obtaining and maintaining health insurance isn’t just about avoiding a fee, it’s about taking responsibility for your health, knowing you have coverage when you need it, and avoiding the devastating… Read More
There are several reasons you may have to file taxes under ObamaCare (the Affordable Care Act). Learn how to file your ObamaCare taxes in 2019 and beyond. This section includes tips on: how to make a Shared Responsibility Payment for not having coverage, how to report health coverage known as Minimum Essential Coverage, how to… Read More
Learn how to compare health plans to get the best deals on health insurance and health care. Compare your health needs with your plans costs and coverage, to find an affordable plan with benefits that are designed to cover you. No matter how you shop, and boy are there a lot of different options under… Read More
Understanding Affordability Exemptions for Individual and Employer-Sponsored Health Coverage Under ObamaCare employer-sponsored coverage must cost no more than 8% (adjusted each year), after the employer’s contribution, to be considered affordable. If the amount exceeds 9.5% (adjusted each year), then the person can get an exemption to use the marketplace. This applies to employee-only coverage, family-member-only coverage, and… Read More
What You Need to Know About ObamaCare (the Affordable Care Act) in 2015 There aren’t a lot of changes for ObamaCare in 2015. Let’s review ObamaCare’s 2015 changes and what you need to know to stay covered and save money. We will review the enrollment process for 2015, what steps you should take to ensure… Read More
ObamaCareFacts.com is a free informational website, nothing on our site should be taken as professional legal advice, medical advice, or tax advice. Privacy. This website (ObamaCareFacts.com) uses web tools that collect basic web data to help us improve user experience. See advertisers ad policy when interacting with ads. Important. ObamaCareFacts.com is privately owned and is not owned… Read More
The Small Business Health Insurance Marketplace Employers can use the SHOP Marketplace (Small Business Health Options Program) to get lower costs on group plans and claim tax credits. In 2015, employers with less than 50 full-time equivalent workers (FTE) can use the SHOP. In 2016, the SHOP opens for businesses with 100 or less FTE. FACT:… Read More
How to Calculate Tax Credits and Subsidies for Health Insurance Sold on the Health Insurance Marketplace Our ObamaCare calculator will help you calculate tax credits and subsidies for health insurance sold on the Health Insurance Marketplace. Use this quick health insurance tax credit guide to help you understand the process. Or, just use one of the… Read More
Everything You Need to Know About Health Insurance for 2015 and Beyond We take an in-depth look at health insurance in the US, including how it works, what key health insurance terms mean, and how ObamaCare changes things. We touch on every detail you need to know to understand the complex gateway to health care in… Read More
¿Qué es ObamaCare | Qué es la Ley de Cuidados de la Salud Asequibles (Affordable Care Act)? ObamaCare (Ley de Cuidados de la Salud Asequibles o Affordable Care Act) es una reforma de salud en E.E.U.U. que extiende y mejora el acceso a los cuidados de salud y disminuye el gasto mediante regulaciones e impuestos…. Read More
ObamaCare Facts 2020: Nosotros te decimos los hechos, no los puntos de discusión Plan Salud ObamaCare en Español; Les presentamos los Datos Sobre el Plan de Salud de ObamaCare en español. Nosotros te decimos los hechos, no los puntos de discusión. Conozca los hechos de ObamaCare (la Ley de Protección a Pacientes y Cuidados de… Read More
Understanding ObamaCare (Patient Protection and Affordable Care Act) ObamaCare is a nickname for The Patient Protection and Affordable Care Act (sometimes called the Affordable Care Act, ACA, or PPACA for short), a health reform law signed on March 23, 2010, by President Barack Obama. ObamaCare seeks to reform health insurance and healthcare in the United… Read More
Learn About Your State’s Health Insurance Exchange Marketplace ObamaCare’s state Health Insurance Exchanges are open for business. Find your state’s Health Insurance Marketplace and apply for health coverage now. Use the comprehensive list of state-based marketplaces (also called exchanges) found below to find your state’s exchange or to find out if your state uses the… Read More
Making the Complex Simple in 10 Easy Pieces This is our ObamaCare top 10 list of the most important things to know about ObamaCare (the Affordable Care Act). The law can be overwhelming, but understanding these ten “ObamaCare Facts” will be enough to help you get covered, find out if you qualify for cost assistance,… Read More
How ObamaCare Taxes Affect You: New Taxes, Hikes, Breaks, Credits, and Other Changes Here’s a full list of ObamaCare Taxes. The 21 new ObamaCare tax hikes and breaks impact us all, but which ObamaCare taxes will you actually pay? Find out how the tax-related provisions in the Affordable Care Act (ObamaCare) will affect you, your… Read More
ObamaCare Subsidies – Premium and Out-of-Pocket Cost Assistance on Marketplace Plans Explained ObamaCare subsidies save you money on your premium and out-of-pocket expenses based on income. Subsidies are only available on plans sold on the Marketplace. Let’s take a look at what subsidies are, how they work, and how you can apply for free or… Read More
We Asked You How You’ve Been Affected By ObamaCare, Here is What You Said Below are Real ObamaCare Stories from our readers. We asked you to share your ObamaCare stories on how health care reform has affected you. Thank you for the overwhelming amount of responses. We have done our best to answer your questions… Read More
How Will ObamaCare Affect Your Small Business? Get the facts on how ObamaCare impacts small businesses. ObamaCare’s small business tax credits and expansion of health insurance help small businesses and employees, while some higher earners and larger firms face new requirements. The Affordable Care Act (ACA) offers incentives, such as tax breaks and tax credits via… Read More
Get the Facts on the Impact of ObamaCare on Medicare This page contains a summary of everything you need to know about the Affordable Care Act (ObamaCare) and Medicare. ObamaCare’s Medicare reforms improve and expand Medicare for seniors. One way it does this is by closing the Part D Donut hole (you have paid only… Read More
The ObamaCare Mandate Exemption and How You Can Qualify for an Exemption from the Tax “Penalty.” From 2014 – 2018, who chose not to purchase insurance had pay a tax “penalty” unless they qualified for an exemption. Exemptions from ObamaCare’s tax “penalty” mandate are available to a number of Americans. We will cover all of… Read More
ObamaCare Facts 2023 – We Tell you the Facts, Not The Talking Points We provide up-to-date facts on ObamaCare (the Affordable Care Act). Get the ObamaCare facts on enrollment, assistance, benefits, plan types, and more. What is ObamaCare? The official name for “ObamaCare” is the Patient Protection and Affordable Care Act (PPACA), or Affordable Care Act (ACA) for short. The… Read More
The Employer Mandate / Employer Penalty The ObamaCare Employer Mandate / Employer Penalty, originally set to begin in 2014, was delayed until 2015 / 2016. ObamaCare’s “employer mandate” is a requirement that all businesses with 50 or more full-time equivalent employees (FTE) provide health insurance to at least 95% of their full-time employees and dependents up… Read More
How Does ObamaCare Affect Doctors? Find out the truth on ObamaCare and Doctors. Can you really keep your doctor under ObamaCare, what impact does ObamaCare have on the healthcare industry? ObamaCare is set to have a major impact on Doctors. ObamaCare, of course, means more patients for doctors since more people have health insurance; but… Read More
What 2013 Means for ObamaCare and Health Care Reform What’s new for ObamaCare in 2013? ObamaCare 2013 means many new provisions, changes to Medicaid and the opening of the ObamaCare insurance exchanges on Oct 1st 2013. As well as the new benefits there are also so some things to watch out for as ObamaCare continues… Read More