This tool illustrates health insurance premiums and subsidies for people purchasing insurance on their own in new health insurance exchanges (or “Marketplaces”) created by the Affordable Care Act (ACA). Beginning in October 2013, middle-income people under age 65, who are not eligible for coverage through their employer, Medicaid, or Medicare, can apply for tax credit subsidies available through state-based exchanges.
At Sterling Benefits, we are proactively working with multiple resources to dissect the various facets of the law and to understand the guidelines and timelines it presents to our clients. You can expect that we will provide ongoing communications and information as interpretation and implementation details continue to unfold from the government.
Our priority at Sterling Benefits is to stay focused on delivering value and quality customer service to our customers as we work together with health care reform. Significant changes will take place in 2014. In the meantime, there are some items that will require attention much sooner. We will keep you posted as details and clarifications from the government are made available. We encourage you to review this information and utilize our office as a resource in addressing questions and concerns.
Our priority at Sterling Benefits is to stay focused on delivering value and quality customer service to our customers as we work together with health care reform. Significant changes will take place in 2014. In the meantime, there are some items that will require attention much sooner. We will keep you posted as details and clarifications from the government are made available. We encourage you to review this information and utilize our office as a resource in addressing questions and concerns.
Showing posts with label Kaiser. Show all posts
Showing posts with label Kaiser. Show all posts
Thursday, October 3, 2013
Monday, September 30, 2013
Animation Explains Changes Coming for Americans Under the Affordable Care Act
2014 is coming--are you ready for Obamacare? Join the YouToons as they walk through the basic changes in the way Americans will get health coverage and what it will cost starting in 2014, when major parts of the Affordable Care Act, also known as "Obamacare," go into effect.
Courtesy: The Henry J. Kaiser Family Foundation.
Monday, March 25, 2013
Small Businesses Pursue Health Law ‘Loophole’
Summary: Self-insurance, once the purview of only large companies, is becoming popular with small employers, too. But it could be a threat to the Affordable Care Act, since self-insured companies are exempt from many of the health law's requirements.
Article: Small Businesses Pursue Health Law ‘Loophole’
Article: Small Businesses Pursue Health Law ‘Loophole’
Friday, February 22, 2013
Tuesday, January 15, 2013
HHS To Waive, Extend Deadline for Health Insurance Exchanges
HHS Secretary Kathleen Sebelius has announced she will extend or waive the deadline again for states interested in running their own health insurance exchange or partnering with the federal government, the New York Times reports.
Under the Affordable Care Act, Sebelius was directed to determine "on or before Jan. 1, 2013," whether states were prepared to run their own exchanges. However, instead of determining now whether the exchanges are ready, HHS will work with states and set timelines and goals to progress toward creating an exchange.
Gary Cohen, director of the federal Center for Consumer Information and Insurance Oversight, said, "There is no deadline," adding, "We are going to give final approval once states demonstrate that they are able to satisfy all the requirements and meet all the conditions of operating an exchange."
Currently there are 18 Declared State-based Exchange, 7 Planning for Partnership Exchange, and
26 Default to Federal Exchange.
Visit the Henry J. Kaiser Family Foundation's state health facts web page for details on state participation in health insurance exchanges.
Under the Affordable Care Act, Sebelius was directed to determine "on or before Jan. 1, 2013," whether states were prepared to run their own exchanges. However, instead of determining now whether the exchanges are ready, HHS will work with states and set timelines and goals to progress toward creating an exchange.
Gary Cohen, director of the federal Center for Consumer Information and Insurance Oversight, said, "There is no deadline," adding, "We are going to give final approval once states demonstrate that they are able to satisfy all the requirements and meet all the conditions of operating an exchange."
Currently there are 18 Declared State-based Exchange, 7 Planning for Partnership Exchange, and
26 Default to Federal Exchange.
Visit the Henry J. Kaiser Family Foundation's state health facts web page for details on state participation in health insurance exchanges.
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