Now is the time to start shopping for individual health coverage before the Affordable Health Care Act takes effect on January 1, 2014. All United States citizens are required to have insurance by this time. You are able to get started on a free insurance quote directly through us to find out what your plan is going to cost. Under the Act, there are different incentives available to help offset premiums, such as tax credits based upon your income level to reduce the cost of your premiums.
Even if you already have employer sponsored individual health coverage, you still want to verify the plan is going to satisfy all of the requirements under the Affordable Health Care Act. Further, the Act requires employers to provide insurance plans at affordable premiums to employees. In the event you are paying more than 9.5 percent of your income for coverage, you have the option of choosing a different plan through another carrier.
People who do not currently have insurance may qualify for state sponsored plans, as well as cost-sharing subsidies, in addition to the available tax credits. These incentives are designed to make insurance affordable for everyone, regardless of income level and age. Pre-existing conditions, where you have been denied coverage in the past, are no longer an issue, as you are entitled to coverage under the Act. All insurance plans under the Act must cover 10 Essential Health Benefits, including laboratory services, prescription drugs, hospitalization, emergency services, and preventive and wellness services, as well as chronic disease management.