The Affordable Care Act

The federal government’s one stop website for individuals and families who are interested in exploring healthcare coverage opportunities through the Affordable Care Act is www.healthcare.gov.  The website offered the following, extremely concise summary that might be useful in your efforts to help folks understand what they might need to know about how the Affordable Care Act will affect them. 

(For folks who might want to dig a little deeper, you can scroll your cursor over all phrases below that appear in blue, and not black; and hit CTRL and Click to find more detailed information.)
The following blog entry can also be found directly at
https://www.healthcare.gov/blog/2014-in-214-words/?utm_campaign=hcgov_uninsured&utm_content=08_21_13&utm_medium=email&utm_
source=govdelivery
.


There’s a lot to the health care law. But it’s based on a few simple principles, which we’ve described below in a mere 214 words. Follow the links for more details.

 If you have health coverage you like, you can keep it. Children under 26 can stay on a parent’s health insurance plan.

·         If you don’t have coverage, you can use the new Health Insurance Marketplace to buy a private insurance plan.
·         Pre-existing conditions are covered. So are many preventive services and 10 essential health benefits.
·         Depending on your family size and income, you may get lower costs on monthly premiums and out-of-pocket costs.
·         You may also qualify for free or low-cost coverage from Medicaid or the Children’s Health Insurance Program (CHIP). Many states are expanding Medicaid to cover more people in 2014.
·         If you don’t have coverage in 2014 you’ll have to pay a fee. In 2014 it’s $95 per adult ($47.50 per child) or 1% of income, whichever is higher. The family max is $285.
·         If you have coverage and want to explore Marketplace plans, you can. But if you have an offer of insurance from an employer, you may not be able to get lower costs on Marketplace insurance based on your income. It depends on whether the insurance you’re offered is considered affordable and meets minimum standards.
·         Medicare isn’t part of the Marketplace. If you have Medicare, keep it.
·         Marketplace open enrollment starts October 1, 2013. It closes March 31, 2014. 
 

Pre-existing conditions are covered. So are many preventive services and 10 essential health benefits.get lower costs on monthly premiums and out-of-pocket costs.Medicaid or the Children’s Health Insurance Program (CHIP). Many states are expanding Medicaid to cover more people in 2014.fee. In 2014 it’s $95 per adult ($47.50 per child) or 1% of income, whichever is higher. The family max is $285.have an offer of insurance from an employer, you may not be able to get lower costs on Marketplace insurance based on your income. It depends on whether the insurance you’re offered is considered affordable and meets minimum standards.

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