Your guide to 2014 Health Plan Subsidies!

QHP


HHS proposes BASIC Healthplan rules


Beginning January 1, 2015, under this proposed rule, states will have an additional option to establish a Basic Health Program for certain low-income individuals who would otherwise be eligible to obtain coverage through the Exchange/Marketplace. For the full release from HHS, click here: http://www.ofr.gov/OFRUpload/OFRData/2013-23292_PI.pdf This proposed rule would establish the Basic Health Program, as required […]

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 […]

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 […]