Your guide to 2014 Health Plan Subsidies!

South Carolina


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 […]

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 […]

Health Plan Subsidies & Pre-Existing conditions


Beginning on October 1, 2013 Americans will be able to begin enrolling in health insurance plans and receive subsidies to help pay for their health insurance plan premiums. In addition, as part of the new Affordable Care Act, insurance companies can no longer deny people based on their health. Even if you have major ongoing […]