Far in the distance, a long time from now, on June 5th 2015 the GOP will be expected to have a solution in place for the potential repeal of ACA subsidies. What is that you say? “June 5th isn’t the distant future, it’s actually less than a month away?… And the GOP have no solid agreed upon… Read More
A study shows that ER visits have increased as more people have gotten coverage under the Affordable Care Act. This expected short term outcome isn’t ideal, but speaks to habits of the previously uninsured, the fact that ER visits are covered under the ACA, and an increased doc shortage as demand outpaces supply in the short term.
If the Supreme Court rules against ObamaCare’s subsides the GOP has offered to allow subsidies to continue until 2016, in exchange for gutting the mandates. This isn’t the only proposal we have seen from the GOP in this regard, but is instead it is the common theme behind a number of different GOP based ideas…. Read More
Owning a home and other assets don’t affect ObamaCare subsidies or Medicaid. Those are both based on household income.
ObamaCare covers one type of birth control per person from each of 18 FDA-approved categories at no out-of-pocket cost, although some plans have exemptions. This page will tell you what kinds of birth control are covered, which health plans have exemptions, how to get free birth control under the Affordable Care Act, and how to get help… Read More
TRICARE is government run healthcare, the benefits being a lack of middlemen. ACA is quasi-private (private insurers and public subsidies) plus expanding public Medicaid.
If you don’t have access to Medicare then you can use the Marketplace and get cost assistance as a US citizen.
Rand Paul announced he is running for President, but didn’t mention ObamaCare. What cuts would Libertarian (ish) Rand Paul make to the safety net and federal programs? Luckily Rand is very vocal about the rest of his policy ideas and how the budget should look
If you are switching on or off a Marketplace plan, because you lost or gained income, you should be aware cost assistance is based on annual income. A few of our readers have been confused about how ObamaCare’s cost assistance works when getting or losing a job. We break down how cost assistance works with… Read More
Tax credits are based on annual household income, not monthly income. If projected annual income changes you can adjust cost assistance to avoid repayment. Quick Facts on Cost Assistance and Changes to Income There are three important things to understand about cost assistance and changes to income: Marketplace cost assistance is based on projected annual household income,… Read More
You can keep ObamaCare no matter what, but you can only keep subsidies if employer coverage would cost more than 9.56% of household income for employee-only coverage.
A 65 plus senior who is not eligible for Medicare can get Marketplace subsidies through a family plan or on their own.
Generally you can only owe back tax credits if you gain income, not if you lose income. So if you go from Marketplace to Medicaid and claim under 100% of the Federal Poverty level you’ll owe back nothing.
Lump-sum income is counted for the month for Medicaid and Medicare, but for ACA subsidies we believe it counts as annual.
Rep. Cathy McMorris Rodgers, R-Wash used her GOP clout to fish for ObamaCare horror stories, but came up with success stories instead.
Health insurance premiums aren’t regulated, they are just subsidized based on income, but cost sharing and benefits are regulated by the ACA.
The Supreme Court won’t hear a lawsuit, that among other things, challenges the legality of the Independent Payment Advisory Board (IPAB).
ObamaCare isn’t “socialism”. Under ObamaCare we have a regulated private health care industry that uses a mix of public and private funding..
ObamaCare’s Marketplace subsidies cost on average $3,5000 per enrollee with subsidies, while Medicaid and CHIP subsidies cost $4,500 on average. Those are 2015 estimates and the costs rise over time with the growth of healthcare. Luckily the ACA curbs healthcare spending costs. Subsidy Spending in 2015 (From CBO Report January 2015) The CBO projected the cost of… Read More
Rep. Pete Sessions (R-Tex.) claimed 108 billion divided by 12 million equals 5 million, however the actual number was 5 thousand. We prove it with math.
Ted Cruz may “get ObamaCare” or as we like to call it “buying health insurance”. Ted Cruz is a showman and we expect he’ll use this experince as a stunt, if he does decide to go through with it.
Want to know what real people think about the ACA, well here is your chance. Over open enrollment 2015 624 of our users took our ObamaCareFacts.com poll. Check out the results for yourself.
The Treasury department and IRS confirmed those who filed using an incorrect 1095-A will not be charged additional taxes based on the corrected forms. This applies to both the federal exchange HealthCare.Gov and the state exchanges. UPDATE: 2019: While this page was written in 2015 and applies first and foremost to the 2014 plan year, the information… Read More
Children can stay on their parent’s plan until 26; when they turn 26, they qualify for special enrollment. Additionally, many employers offer dependent coverage for young adults. Below is a comprehensive guide to the Affordable Care Act’s provisions for young adults under 26, ensuring they maintain access to health insurance coverage. What the ACA Does… Read More
Any legal US resident can enroll in the Health Insurance Marketplace. Subsidies are offered to anyone that qualifies, but Medicaid and CHIP have restrictions in many states.