ACA Insurance

The Affordable Care Act (ACA)

The Affordable Care Act (ACA, also known as Obamacare) was created to help bring affordable health care to individuals who needed it. Enacted in March 2010, the plan made legislative changes to do three things:

• Give consumers premium tax credits
• Expand the Medicaid program
• Support telehealth and other low-cost expansions of healthcare

Premium tax credits are subsidies which bring health insurance to more people who would otherwise have a difficult time affording the coverage. Households with incomes between 100% and 400% of the federal poverty level qualify for the subsidies.

Health Care Law

The health care law provides a number of benefits to insurance consumers. It makes it so health insurance companies are required to cover people with pre-existing conditions and pregnancy without charging more. It also makes most preventive care services free.

With the health care law, most young adults have more coverage options. There used to be limits on the coverage spending insurance companies had to cover, but this was removed with the health care law. Insurance companies are also not allowed to cancel your coverage because you get sick.

The law also provides protections for your choice of doctor, protects you from employer retaliation, and gives you more information about the coverage you will be receiving. With ACA, you also have the right to birth control counseling and methods, breastfeeding equipment and support, mental health and substance abuse services, and the right to choose an individual health insurance marketplace plan instead of going with the plan your employer chooses for you.

ACA Insurance

You can use the health insurance marketplace at HealthCare.gov to sign up for an ACA insurance plan. With insurance according to the ACA, your plan will have the coverage you need at a price that fits your budget.

You can count on your ACA insurance to be compliant and fully optimized to suit your healthcare needs at an affordable price. You will have the rights we outlined above and an understanding suitable to your level of expertise. This will make you a more informed health care consumer and give you the confidence to pursue health care when you need it.

Life all marketplace health insurance, you will pay monthly premiums, copayments for covered services and a yearly deductible. Once you have paid the deductible, your plan will start to pay its share of the health care costs. These plans will have an out-of-pocket maximum, meaning you won’t have to pay more than a set amount toward your health care.

Let Jones Insurance Group Help You—Call Us Today

For help in finding ACA insurance that fits your needs, contact the agents at Jones Insurance Group today.