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.
Selecting the right Obamacare Insurance Agent could be the most important decision you make about Obamacare. The normal rules for selecting any insurance agent still apply. You want an Agent who has licensing and credentials, who has experience, is knowledgeable about the insurance industry, is able to effectively train and someone who has the initiative to diligently work on your behalf. Someone who is not always selling but always serving. Of course, you also want an agent who represents a re Read More
OBAMACARE DRIVES UP COSTS The immediate effect of Obamacare on larger companies has been larger health costs. Originally, Obamacare was supposed to rein in surging health care costs. But for bigger firms, the law created many more compliance burdens. New reporting requirements, required notices to all employees and new costs through taxes and fees. Companies will need to constantly review and update employer health insurance plans to avoid costly penalties and fines. There is also growing conce Read More
Obamacare Compliant Insurance Plans: Compliance with the Patient Protection Affordable Care Act (PPACA) has been a constantly moving target. New regulations and executive orders are streaming out of Washington DC, substantially altering plan elements previously regarded as permanent. Because of the ever-changing nature of Obamacare, your only recourse as a business (for minimizing health insurance costs and maximizing coverage) is to choose an insurance provider like Jackson Kahl Insurance who Read More
When you first see a thousand-piece jigsaw puzzle poured out of the box, that’s how a lot of retirees feel when they first consider the Patient Protection and Affordable Care Act (PPACA). It’s 906 pages comprised of thousands of interlocking details which will hopefully come together. Right now, the PPACA is constantly changing and evolving. New regulations are flying out of Washington, D.C. at an uncontrollable rate. Consider how your retirees must feel. Everything they’ve ev Read More
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 actually rather unlikely. The more likely scenario is new legislation being passed which modifies or alters the existing provisions. Defunding could potentially remove the teeth from Obamacare and leave us 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 pushed back from one side of the government but does not necessarily mean it will indeed get repealed. As of 201 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