Insurance Company Or Independent Broker;...

Does shopping for ObamaCare leave you feeling a bit confused? Do not be afraid to ask for help from an insurance broker. Brokers, by law, can not tack on a commission to the ACA policy price, so you will pay the same premium whether you buy from a company or through an indepedent broker. A broker can explain the various plans and assist you in selecting the one that best suits your lifestyle. Be sure to choose a broker who works independently with a variety of companies rather than a broker that is associated with a specific insurer; you will have more ACA Plan choices...

ObamaCare Enrollment Falling Short Of Pr...

ObamaCare isn’t meeting enrollment expectations because, except for low income earners who receive the largest subsidies and lowest deductibles, the insurance plans that Obamacare is requiring people to buy are unattractive.  Unless they have pre-existing conditions, the value simply isn’t there for middle-class Americans.The seven million enrollee shortfall that Obamacare is experiencing is a direct result of trying to force people to buy health insurance, but offering prices and deductibles, that are too costly.  Even with the increasing ObamaCare tax penalties, it’s...

Open Enrollment Obamacare, (ACA), 2016

The open enrollment window dates for the Affordable Care Act of 2016, are November 1, 2015 – January 31, 2016, and are effective whether you purchase from an Obamacare (ACA) insurance exchange or from an insurance company. You will need a “qualifying event” to enroll outside of the open enrollment period.  Qualifying events are: marriage, birth or adoption, becoming a United States citizen, losing other health coverage due to involuntary circumstances, or, relocating permanently to an area where new Obamacare health plans are available.  The only exception to...

Closed Health Insurance Exchanges Make E...

Enroll by December 15, 2015, for Coverage Starting January 1, 2016. If your state’s, Health Insurance Exchange, has closed, enter your zip code, and seek certified, trained insurers for assistance with choosing an, (ACA) Obamacare health plan. With elements like, Open Enrollments, Deductibles, Hardship Exemptions, Co-pays, Coinsurance For Drugs, Coinsurance For Tests, Special Enrollment Periods, Out Of Pocket, Shared Responsibility Payment Tax Penalty, Out-Of-Network Health Care, Health Insurance Subsidies, Supplemental Health Care Options, Catastrophic Plan, COBRA...

Medigap Works With Medicare 2016 For Com...

Medicare doesn’t cover the cost for every service or prescription. To help pay those extra expenses, there is Medigap. Medigap, as a supplemental plan, works with Original Medicare parts A and B.  Part A pays for hospice, home health, hospitals and nursing homes; part B pays for doctor office visits, care on outpatient basis, medical supplies and other services. AARP Media, reports that Medigap is NOT a “one size fits all” situation.  Because the plans can change every year, seek advice from companies that offer the option of reviewing all available...

Paying the Fine

Consumers who do not qualify for tax exemption for the health insurance requirement for 2014 will pay a fine via his or her tax returns. The penalties will be determined by one of two calculations, whichever is greater-$95 per person, per year and $47.50 per child under 18. For a maximum per family the penalty is  1% or; $285 of the yearly taxable household income. For uninsured married couples with two uninsured children under 18 and an adjusted annual income of $55,000, for example, the penalty will be $347. Penalties will increase in 2015 and 2016. Using the same...