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What is the definition of “minimum value standard”?

[su_box title=”To sum it up…” style=”default”] The Affordable Care Act reformed health insurance coverage in favor of consumers The Act requires everyone to have qualified health insurance. Qualified health insurance must have a minimum value The minimum value standard applies to all health insurance policies issued after 2014 [/su_box] Before the Affordable Care Act, insurers […]

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Does Obamacare cover acupuncture?

[su_box title=”To sum it up…” style=”default”] Obamacare, or the Affordable Care Act, is a piece of legislation that extended health insurance coverage to millions of United States citizens There are many types of alternative medicine offered in today’s world including acupuncture, chiropractic, electrical muscle stimulation, biofeedback, and music therapy Certain forms of alternative medicine are […]

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Why is Obamacare increasing insurance premiums?

[su_box title=”To sum it up…” style=”default”] insurance premiums represent the costs of a health insurance contract The contract then requires consumers to pay a minimum before getting insurance benefits The Insurance plans add cost sharing and copays to consumer expenses in addition to premiums Premiums represent the starting point for insurance costs [/su_box] Obamacare does […]

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When is your payment due for Obamacare?

[su_box title=”To sum it up…” style=”default”] After you apply and enroll in a plan through the marketplace, you should pay your premium directly to your insurance company You typically have to apply for a marketplace plan during open enrollment between November and January In some cases, you might be eligible for a special enrollment period […]

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What is the house bill number for Obamacare?

[su_box title=”To sum it up…” style=”default”] The house bill number for the Patient Protection and Affordable Care Act is H.R.3590 The bill’s sponsor was Representative Charles Rangel, a Democrat from New York The bill became law when then President Barak Obama signed it on March 23, 2010 The purpose of the ACA was to provide […]

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What’s the Obamacare website called?

[su_box title=”To sum it up…” style=”default”] Obamacare is the common term that some people use when referring to the Affordable Care Act The Obamacare website is called healthcare.gov Other facts regarding the Affordable Care Act can be found on www.irs.gov/affordable-care-act and www.hhs.gov/healthcare [/su_box] When you’re looking for information online regarding Obamacare, which is officially known […]

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What pays for the ACA?

[su_box title=”To sum it up…” style=”default”] According to Obamacare Facts, it will cost the U.S. government approximately $1,207 trillion to fund Obamacare through the 2016-2025 fiscal years Many insurance companies left the Obamacare marketplace forcing the remaining companies to raise their monthly premiums Major insurance companies such as UnitedHealth, Aetna, and Humana struggle to turn […]

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What is considered a medical device under Obamacare?

[su_box title=”To sum it up…” style=”default”] Any type of prosthetic device, mobility aid, body supporting, testing and medically necessary equipment is considered a covered item with Obamacare You must follow the guidelines of having a recent documented medical necessity, proper order from a medical team and current evaluation to have a medical device approved The […]

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When did the Supreme Court rule on the Affordable Care Act?

[su_box title=”To sum it up…” style=”default”] The Supreme Court ruled on the constitutionality of the Affordable Care Act in 2012 The case of NFIB v. Sibelius was an attempt to declare the law invalid The Court ruled on the individual mandate In NFIB v. Sibelius The Court ruled on the Affordable Care Act’s subsidy provisions […]

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Why do the Koch brothers want to defund Obamacare?

[su_box title=”To sum it up…” style=”default”] Charles G. and David H.Koch are brothers that control Koch Enterprises The Koch Brothers are active in the Republican Party identifying as Conservatives and Libertarians They oppose Obamacare on many grounds fundamentally because it is a use of tax dollars for social purposes The Koch Brothers have funded opposition […]

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