What Kind of Coverage Will the Plans Sold Through the Health Insurance Exchanges Include?
The Affordable Care Act (ACA) requires that all health insurance plans sold on state exchanges beginning Jan. 1, 2014 cover ten essential benefits: Ambulatory patient services Emergency services Hospitalization Maternity and newborn care Mental health and substance use disorder services, including behavioral health treatment Prescription drugs Rehabilitative and habilitative services and devices Laboratory services […]
How Can I Get Health Insurance Coverage if I Have a Pre-existing Condition?
If you have a pre-existing medical condition and are shopping for health insurance, expect special treatment. How special? Well, kind of like a felon carrying the Ebola virus. You may as well stick a “kick-me” sign on your back. You’ll either be denied coverage, charged extra for premiums and out-of-pocket costs, or you might just have […]
Are Employers Required by the Affordable Care Act to Purchase Group Insurance for Their Employees?
Yes, the Affordable Care Act requires large employers to provide coverage to full-time employees or pay a penalty. This provision, called the “play or pay” rule, goes into effect Jan. 1, 2014. Small employers – those with fewer than 50 employees – are exempt from the coverage requirement and penalty. As a side note, be aware that the […]
