Your guide to 2014 Health Plan Subsidies!

Health Insurance


The Federal Health Insurance Marketplace in South Carolina


The following comes directly from the SC Department of Insurance: Exchange Basics Under the Affordable Care Act, individual and small group health insurance coverage will be available for purchase in online exchanges.  In South Carolina, these exchanges will be established and operated by U.S. Department of Health and Human Services.  These exchanges are in addition […]

NCDOI Approves Rates for Potential Health Insurance Marketplace Plans


RALEIGH — The North Carolina Department of Insurance today announced that it has completed timely reviews and approvals of health insurance rates for plans that insurers have proposed to sell in the federal Health Insurance Marketplace. This approval allows the insurers to continue the process to become certified by the federal government to participate in […]

Subsidies will be determined by Income – NOT assets….


Something that was brought up with us today was the question of whether assets could prevent someone from qualifying for a healthplan subsidy in 2014. Presently, access to health plan subsidies under the ACA/affordable care act/PPACA/Obamacare are based on income, not assets. To be eligible for subsidized coverage, your modified adjusted gross income (MAGI) would […]