Guide to Buying Health Insurance for 2017: How Health Insurance Works Our guide to buying health insurance for 2017 walks you through how health insurance works and how to buy health insurance plans under Obamacare. Below we take a look at how ObamaCare affects buying health care plans, different ways to buy health insurance under the Affordable…
The Types of Health Insurance Plans Sold On and Off of ObamaCare’s Marketplace There are four types of health insurance plans available through ObamaCare’s Marketplace. They are Bronze, Silver, Gold and Platinum health insurance plans. These Qualified Health Plans represent four tiers of coverage and are sometimes referred to as “metal plans” due to their…
Supplemental Health Insurance and ObamaCare Supplemental health insurance, or Supplementary insurance, is meant to supplement your plan and is not ObamaCare compliant on it’s own. Supplementary insurance is sold by private companies and can help pay some of the health care costs that your plan doesn’t cover, like copayments, coinsurance, and deductibles. There are a…
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…
Fixed Benefit Health Insurance and ObamaCare Fixed benefit health insurance, or indemnity insurance, is not ObamaCare compliant and is not the same as major medical plans sold on the marketplace. Fixed benefit plans are sold by private companies and pay a specific amount each time you see a doctor or go to a hospital. The…
What is Single Payer Health Care? Single payer health care is a health care system where a “single” fund pays for health care costs (rather than private insurers). There are many different ways single payer can work, but the general idea is 1. to create a universal healthcare system (a system that covers everyone) where, 2.…
Why Was My Health Insurance Canceled? Let’s clear the air about ObamaCare and health insurance cancellation. Many thought they could keep their plan, but found their health insurance policy canceled as of 2014. Others were able to keep their plan past 2014, but needed to or will need transition to another plan by 2017. Let’s…
Grandfathered Health Plans Don’t Have to Follow ObamaCare’s Rules and Regulations. Grandfathered plans are plans that were purchased before March 23, 2010. These plans have a grandfathered status and don’t have to follow ObamaCare’s rules and regulations or offer the same benefits, rights and protections as new plans. This means that on many old plans…
Affordable Care Act Dental Coverage Dental insurance, for the most part, isn’t covered under ObamaCare (the Affordable Care Act). However, children’s dental coverage is a required benefit included on all ACA compliant plans and cost assistance can be applied to any Marketplace plan that includes dental. Although dental isn’t a required benefit of the Affordable Care…
If You Like Your Plan, You Can Keep it… If you like your plan you can keep it. Under ObamaCare you can keep your health insurance until 2015, even if it doesn’t comply with the ACA. Come 2015, if your plan doesn’t have a grandfathered status and doesn’t meet the requirements of the ACA, then…