You Have Questions, Ohio Health Benefits Has Answers!
One of the most frequently asked questions we receive from our clients is how will the Affordable Care Act affect my Medicare plan? In general, people are nervous about changes on the horizon with Medicare due to Health Care Reform starting in January of 2014.
After January 2014, going without health insurance will be against the law if the government does not delay implementation of the “individual mandate” under Obamacare. Ohio Health Benefits (OHB) is working diligently to insure we are operating in the Exchange as an independent broker starting in October of this year. For those people who elect to go uninsured, there will be a fine of $95 or one percent of your income (whichever is higher) starting in 2014. The amount of the fine will increase each year.
The normal question we hear from people when discussing this part of the law is, “What if I can’t afford insurance?”. If your income is very low, your insurance premium will be significantly decreased and could possibly even be free (Medicaid). The Health Reform Subsidy Chart can help answer this question on what you might have to pay for insurance and if government subsidies will be available to you and your family. Click here and use the subsidy calculator tool to examine the impact the Health Reform Law will have on you at different income levels, ages, family sizes and regional costs.
Don’t spend precious time filling out online health forms to get a quote. Don’t be fooled by shopping one specific company thinking you will get a better price on your health insurance. Learn more about how individual/family insurance is priced in Ohio.
Call us Toll free 866-235-8378 to review your situation or click here to email us your name and phone number for us to call you. Calls are not recorded and your information is confidential.