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The Affordable Care Act (ACA), commonly called Obamacare, established the Health Insurance Marketplace, a unified exchange where individuals and families can shop for policies from many carriers.
Prior to the Patient Protection and Affordable Care Act, effective from 2014, about 34 states offered guaranteed-issuance risk pools, which enabled individuals who are medically uninsurable through private health insurance to purchase a state-sponsored health insurance plan, usually at higher cost, with high deductibles and possibly lifetime ...
Obama and his opponent, Senator John McCain, both proposed health insurance reforms, though their plans differed. McCain proposed tax credits for health insurance purchased in the individual market, which was estimated to reduce the number of uninsured people by about 2 million by 2018. Obama proposed private and public group insurance, income ...
Under the individual mandate provision (sometimes called a "shared responsibility requirement" or "mandatory minimum coverage requirement"), [28] individuals who are not covered by an acceptable health insurance policy will be charged an annual tax penalty of $95, or up to 1% of income over the filing minimum, [29] whichever is greater; this ...
To determine the best and worst states for health insurance costs, GOBankingRates ranked all 50 states based on two factors: the average monthly insurance premium and the average annual deductible ...
In part one of this series, I examined how people with employer-supplied health insurance can save money and maximize their benefits during open enrollment. But in today's economy, when the ...
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