Below you'll find a list of all posts that have been categorized as “Affordable Care Act/Obamacare”
What is considered income for Obamacare Subsidies? Do you qualify for Obamacare Subsidies (tax credits)? Government-sponsored health care savings are based on your predicted household income for the following year (not your income from the past year). Household means that (in most cases), you, your spouse, and any dependents who live in your household are included, even if your family …
The Pros and Cons of Short-Term Health Insurance If you miss your enrollment period and do not enroll in health insurance, you do have another option: short-term health insurance. What Are Short-Term Plans? Short-term plans are designed for those who need additional coverage or miss their window for getting a long-term plan. They don’t cover as much as long-term plans …
How To Find Mental Health Coverage The Mental Health and Substance Use Disorder Coverage Parity law requires that health plans treat mental health benefits the same way they treat medical and surgical benefits. The Affordable Care Act also requires that marketplace health plans cover mental health services, and Medicare and Medicaid plans fall under the same rules. You should never …
The Ins and Outs of Self-Employed Health Insurance If you generate income on your own and do not have any W-2 employees, you are self-employed. That means you can’t benefit from the group insurance policies that large corporations offer, but you can still get marketplace coverage! Read on for our top four most important tidbits of information regarding self-employed health …
Though health care is changing rapidly, the ACA is still the way for the time being. Do you know which women’s health services are covered in your plan? Family planning and birth control in 2017 is a required benefit with Marketplace plans, Medicaid, and Medicare. Are you taking advantage of the services that are available to you? Marketplace Plans Within …
Choosing a health care plan can seem like an extremely daunting task. You need to choose an agent, a carrier, and a plan; how much you’re willing to spend, and how much coverage you need. Your agent may ask you about HMOs, PPOs, and EPOs. Do you know the differences? HMOs (Health Maintenance Organizations) HMOs are good options for those …
A little over a month ago, major health insurance carrier Humana announced that 2017 will be their last year of providing coverage to Knoxville, TN residents. Essentially, Obamacare created a lack of competition in the insurance marketplace and major carriers are losing money. This year, carriers began pulling out of certain cities and counties altogether because they were spending more than …
*Find the latest update on this issue here.* If you live in the Knoxville area, it may be a good time to consider alternative health insurance options. Obamacare created a lack of competition between insurance carriers. Some carriers are starting to leave the marketplace entirely due to major profit loss. It all started last year when Aetna pulled out of …
2017 Affordable Care Act Updates November 1 is the first day of open enrollment for ACA plans. Affordable Care Act updates for 2017 are significant. Julie McPeak serves as the State of Tennessee’s Commissioner of Commerce and Insurance. On August 23, 2016, Ms. McPeak announced that she was approving significant rate hikes in the Affordable Care Act’s insurance exchange. McPeak …
You can still enroll in health care for 2016 at any time of the year if you qualify for a Special Enrollment Period (SEP). The rules about when you can make these changes and the kinds of changes you can make are different for each SEP, so please review carefully. Remember, we have local Tennessee health insurance agents to help review …
