The Affordable Care Act Affects us all.
Obamacare Questions: Insurance Coverage FAQ
With 900 pages of original legislation, and over 20,000 pages of “clarifying” regulations, the Patient Protection and Affordable Care Act (PPACA) is one of the most confusing and complex laws ever created. Knowing the answers to Obamacare questions and how they apply to you and your business is critical. Heavy fines and penalties will be levied against businesses and individuals who do not comply with the Obamacare. Jackson Kahl, the premier Obamacare insurance company, is your trusted guide through the maze and malaise of PPACA.
Jackson Kahl’s team of Obamacare insurance specialists has reviewed every aspect of the legislation. We fully understand all facets of the Affordable Care Act and break it down into simple, easy to understand steps for businesses and individuals.
Individuals and businesses alike are affected by PPACA. Employees are required to have acceptable insurance or pay hefty penalties when they file their taxes. Businesses are also required to provide acceptable plans for employees or face penalties and taxes. Jackson Kahl will help you understand the Obamacare regulations and choose employee or employer insurance plans which meet the regulations, saving you and your business money.
Below are some frequently asked Obamacare questions about health insurance. While the law is complex, we can provide simple and easy to understand answers. You can trust our in depth knowledge to steer you and your business through the complex web of regulation.
When dealing with Obamacare, employers need a trusted, reputable, and reliable resource to help navigate the ever shifting world of healthcare legislation. Rely on Jackson Kahl’s expertise to aid you in choosing appropriate plans for you and your business and avoid costly penalties and taxes.
Contact Jackson Kahl’s team of Obamacare insurance professionals today for answers to all your Obamacare questions.
Obamacare goes into effect no earlier or later than March 31, 2014. This means all U.S. citizens must carry health insurance by this date or receive a penalty. The monthly individual mandate fine is equal to either 1/12th of 1% of your total yearly income or 1/12th of a flat rate up to $285. This amount will go up each year. We recommend you purchase health insurance by mid-March to avoid fines. If you already have Medicare, Medicaid, or other Obamacare qualifying insurance plans, you won&rsquo Read More
Healthcare reform, Obamacare and the Affordable Care Act are synonymous. The act’s initiative is to increase the availability of affordable health insurance in the U.S. by lowering healthcare costs and expanding public and private insurance. Under this law, President Obama states every U.S. citizen must carry health insurance by March 31, 2014. Those who do not carry insurance by the end of March receive a monthly fine equal to 1/12th of: 1% of your total family income or a flat rate Read More
Obamacare enables people to keep their adult children (age 18 through 25 years old) on their insurance. If your plan covers your children, you can add or keep them on your health insurance until they turn 26. You may keep your children on your plan whether or not they’re married, living with their parents, attending school, financially independent or eligible to enroll on their employer’s plan. On their 26th birthday and age 27 and beyond they’ll need to be covered to avoid a f Read More
A repeal is actual rather unlikely. The more likely scenario is new legislation modifying or altering the existing provisions is passed or defunding successful removes the teeth from Obamacare and we’re left with something different. A decrease or a stop in the funding will significantly impact key aspects of the program. It’s common for a corporate funded plan to get push back from one side of the government but does not necessarily mean it will indeed get repealed. As of 2013, an Read More
The Patient Protection and Affordable Care Act (PPACA) contains over 900 pages of original legislation and over 20,000 pages of additional qualifying regulations. While it is an extremely complicated and multifaceted law, the core elements can be broken down for a more succinct explanation. For more information regarding how specific facets of PPACA works in relation to you, visit our Obamacare employer insurance guide or our Obamacare employee walkthrough. Basically, Obamacare is a system of i Read More
With the launch of the Patient Protection and Affordable Care Act of 2010 (PPACA), Obamacare has already begun. While several important provisions of Obamacare have already started, we are currently experiencing a tiered implementation. Staying current on the Obamacare provisions is important to save yourself and your company money and avoid penalties and fees. If you are unsure of how Obamacare will affect your home and your business then begin with our Obamacare insurance guide for employers o Read More
The cost of Obamacare will affect businesses and individuals in different ways. Expenses will vary between Obamacare-compliant insurance plans so the costs faced by each individual will be different. The penalties for not having insurance are easier to predict for both individuals and businesses. All individuals are required to comply with the “individual mandate” section of the Patient Protection and Affordable Care Act (PPACA). As of January 1, 2014 the individual mandate requires Read More
The Patient Protection and Affordable Care Act (PPACA) regulations apply to most U.S. citizens, with a few exceptions. Most people will not qualify for Obamacare exemptions and must comply with all PPACA health insurance regulations to avoid fees and taxes. PPACA places mandates on both individuals and businesses, levying taxes on those who do not adhere to the regulations. For a better idea of how the Affordable Care Act will impact you, visit our PPACA employer insurance guide or our Obamacare Read More
Obamacare insurance mandates and regulations extend to businesses and individuals alike. Most individuals are required to obtain health insurance coverage if they are not covered under their employers plan. Businesses which employ 50 or more full-time equivalent employees are required to provide health insurance or face steep Obamacare fines. For more information regarding how the Patient Protection and Affordable Care Act (PPACA) specifically applies to you, visit our Obamacare employer guide o Read More