Your guide to 2014 Health Plan Subsidies!

Obama Care


How will the marketplace exchanges verify income for health insurance plan subsidies?


Beginnig in 2014 qualified individuals will receive health insurance plan subsidies. Qualification for the health plan subsidies will be based on an individual or families modified adjusted gross income (MAGI for short). Me people have asked me how the new marketplace exchanges will verify their income information. In short, the new health insurance marketplace exchanges […]

2014 Qualified Health Plan benefit basics – out of pocket maximums


If you buy a Qualified Health Plan (QHP) and receive a health insurance plan subsidy, your plan will have to abide by new Federal guidelines for health plan benefits. For 2014, QHP’s can have a maximum out of pocket (MOOP) of $6,350 for an individual, and $12,700 for families. What is MOOP, and what does […]

STATEMENT FROM GEORGIA DOI COMMISSIONER HUDGENS ON AETNA AND COVENTRY’S DECISION NOT TO PARTICIPATION IN THE GEORGIA HEALTHCARE EXCHANGE


  Atlanta – Obamacare has created great uncertainty in the health insurance market, and I am not surprised that Aetna and Coventry have decided not to participate in the Federally-facilitated Georgia Exchange. The exchanges are a centerpiece of the healthcare law and this announcement means that only five health insurance companies will be operating on […]