[su_box title=”Keep in mind…” style=”default”] Obamacare offers an open enrollment period for signup After open enrollment, one can buy qualified coverage but without federal subsidies After open enrollment, federal and state exchanges do not offer policies Special enrollment periods are exceptions to closed enrollment Medicaid and CHIP have year-round open Read more…
[su_box title=”Keep in mind…” style=”default”] Keep your 1095-A, B, or C for at least 5 years, but no more than seven Keep all correspondence documents regarding denials of coverage, reasons, and appeals Maintain an updated plan coverage summary and monitor your health related expenses Maintain paperwork that demonstrates the medical Read more…
[su_box title=”Keep in mind…” style=”default”] Any health insurance policy that you sign up with and willingly pay premiums for is considered a voluntary health insurance plan Health insurance plans such as employer or organization sponsored group health, private, HSA’s, self-insurance and marketplace policies are considered voluntary, which means premiums will Read more…
[su_box title=”Keep in mind…” style=”default”] No one can be added to an individual health insurance policy Insurers are generally referring to natural born children, adopted children, stepchildren, foster children, and others under guardianship when discussing dependent coverage Insurance companies refer to the legal spouse as the person to whom you Read more…
[su_box title=”Keep in mind…” style=”default”] If you are traveling to the United States, you may want to get temporary visitor’s medical insurance Visitor’s medical insurance can protect you against exorbitant out of pocket costs in case there is a medical emergency while you are traveling The rates and benefits that Read more…
[su_box title=”Keep in mind…” style=”default”] You will need to supply the marketplace with some personal information about yourself including household size, address, birth date, and employment information In some cases, the marketplace will request that you send them additional documentation If you qualify for a special enrollment period, you may Read more…
[su_box title=”Keep in mind…” style=”default”] The contribution limit for a single person is currently set at $3,400. Individuals over the age of 55 may contribute an additional $1,000 The contribution limit for a family is currently $6,750 and the additional $1,000 still applies to a wage earner over the age Read more…
[su_box title=”Keep in mind…” style=”default”] Medicare is the national program of health care for older and disabled Americans Medicare is a four-part government operated program serving over 46 million older residents, and nine million disabled persons Medicare in some combinations meets the standards for health insurance under that Affordable Care Read more…
[su_box title=”Keep in mind…” style=”default”] Under the Affordable Care Act, certain individuals can qualify for financial assistance when purchasing a plan through the Marketplace. The determination for Medicaid eligibility is up to each state to decide. Eligibility for any sort of cost-assistance program is determined by annual household income. The Read more…
[su_box title=”Keep in mind…” style=”default”] When you start a new job, the maximum waiting period before your health insurance starts is 90 days The application process for coverage through the Healthcare Exchange Marketplace should take you less than an hour Processing time on your application can vary After you receive Read more…
