Things You Should Know About The Affordable Care Act
There are 32 million people in the United States who don’t have health insurance. They may not be able to get it because of pre-existing conditions, they may not be able to afford it, they may have chosen not buy health insurance and 1 in 4 uninsured is an illegal immigrant. Many uninsured people use the emergency room as their primary care MD which is an enormous financial drain on our health care system.
- Effective 2012, insurance companies will no longer be able to deny or drop sick children from coverage.
- Effective 2012, parents can keep their dependent children on the health insurance until they are 26 years old.
- Compliant plans will have to offer minimum standards of coverage and annual and lifetime coverage caps are eliminated.
- Firms employing 50 or more people but not offering health insurance will also pay a shared responsibility requirement if the government has had to subsidize an employee's health care.
- Very small businesses get tax breaks on a sliding scale relative to the size and percentage of contribution if they subsidize their employee’s health insurance.
- The Essential Benefits Package, a core set of preventative annual care checkups and immunizations, must be covered at no charge in a compliant plan; no deductible and no co-payment required by the consumer.
- In the event of a billing dispute, consumers may employ the services of a third party to negotiate their disputes with the insurance company.
We don’t sell insurance. We know the way the system works and we can share tips and tools to help you save money when you go insurance shopping.
Informed Decisions: Consumer Health Care Insurance Education Consulting
Instead of attempting to manage a problem that gets larger over time, we are providing a solution by educating consumers on how their daily health care choices impact their annual premium costs. Educated Decision Makers spend less money, are healthier and are more satisfied with their health insurance plans and choices.