Your guide to 2014 Health Plan Subsidies!

Healthplan Subsidy Info from healthcare.gov


Below is a great simplified explanation of how health plan marketplace subsidies will work – straight from the source! When you use the Health Insurance Marketplace you may be able to get lower costs on monthly premiums or out-of-pocket costs, or get free or low-cost coverage. You can save money in the Marketplace 3 ways. […]

OFFICIAL STATEMENT FROM GEORGIA INSURANCE COMMISIONER RALPH HUDGENS


  Atlanta – The following is a statement from Georgia Insurance Commissioner Ralph Hudgens in regards to his request to the U.S. Department of Health and Human Services for a 30 day extension on the July 31 Patient Protection and Affordable Care Act rate filing deadline: “Yesterday, after not receiving a response to my request […]

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 […]

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 […]

SCDOI Completes Review of Health Insurance Forms and Rates for Products Under the Affordable Care Act


Columbia, SC- The South Carolina Department of Insurance (Department) announced that it has completed its review of health insurance forms and rates for carriers that are seeking federal certification to sell in the federally-facilitated exchange (FFE) created under the Affordable Care Act. The Centers for Medicare and Medicaid Services (CMS) established July 31, 2013 as […]

Health Insurance subsidies and Catastrophic plans


Beginning in 2014, many people, especially people under 30, will be eligible for a reduced cost “Catastrophic Plan”. These Catastrophic Plans will be offered in the new Health Insurance Marketplace Exchanges. It is important to note however, that purchasers of catastrophic plans are not eligible to receive monthly premium subsidies to offset the cost of […]

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 […]

Health Plan Subsidies for Native Americans


myhealthplansubsidy.com is your #1 source for Native American Healthplan subsidy information! The Affordable Care Act/PPACA includes provisions designed to help improve health care for Native Americans across the United States. The Affordable Care Act and Marketplace proposed regulations provide some special arrangements for Native Americans, including the following: Exemption from individual mandate penalty Native Americans […]