Do I qualify for a health insurance premium subsidy?
Health insurance premium tax credits will be available to U.S. citizens and lawfully present immigrants who purchase coverage in the Marketplace and who have income between 100% and 400% of the federal poverty level. Premium tax credits are also available to lawfully residing immigrants with …
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What is covered under the new Affordable Care Act (Obamacare) health plans?
The new standardized health insurance plans that qualify to be included in the Health Care Marketplace and for premium subsidies are divided into 4 categories — Bronze, Silver, Gold, or Platinum — based on the percentage the plan pays of the average overall cost of …
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What is the new health care marketplace?
The new health care marketplaces, or health care exchanges are websites set up to create a clearing house where consumers can shop for health insurance plans that meet the new Affordable Care Act (Obamacare) requirements and qualify for the premium subsidies. Through the Marketplace, individuals …
Read MoreAm I required to buy health insurance?
Yes, you are required to have health insurance coverage – or more precisely, “minimum essential coverage” – or else pay a tax penalty, unless they qualify for an exemption. This requirement is called the individual responsibility requirement, or the individual mandate. The penalty for not having minimum …
Read MoreWhat is Obamacare (Affordable Care Act)?
Obamacare is the unofficial name for The Patient Protection and Affordable Care Act PPACA or just ACA) which was signed into law on March 23, 2010. This law is very long and has many moving parts. We recommend you call and speak to one our …
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