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What impact will ObamaCare have on medicare?

[su_box title=”Here’s what you need to know…” style=”default”] What impact will ObamaCare have on Medicare? Obamacare strengthens the financial base for Medicare Strengthens Medicare management to improve accuracy of payments and reduce waste Medicare A or C meets the Individual Mandate Obamacare adds no cost preventive and wellness services to every plan Obamacare cuts Medicare […]

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Who will be fined under ObamaCare?

[su_box title=”Here’s what you need to know…” style=”default”] A major component of ObamaCare is the individual mandate. With some exemptions, people are required to be insured with minimum essential coverage. People who are not insured may be faced with a fine. People who meet the qualifications for exemption will not have to pay the fine. […]

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Does COBRA insurance still exist under ObamaCare?

[su_box title=”Here’s what you need to know…” style=”default”] COBRA benefits continue under Obamacare COBRA coverage satisfies the individual mandate Cobra Coverage offers insurance for those losing access to employer plans COBRA offers a single plan option COBRA does not provide subsidies or cost assistance COBRA coverage can extend up to 36 months [/su_box] Obamacare did […]

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What is income under ObamaCare subsidies?

[su_box title=”Here’s what you need to know…” style=”default”] The minimum income required to participate in Obamacare benefits is 100 percent of the federal poverty level Income determines costs assistance subsidies for tax credits, cost-sharing reductions, and Medicaid and CHIP eligibility. Those falling below the federal poverty line can get Medicaid Those within 138 percent of […]

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