Archive for February, 2013

New Terms from Health Care Reform

Author: Kelley Filice Jensen

Health Care Reform, Obamacare, The Affordable Care Act….all names used interchangeably for the most expansive change in the way Americans will pay for health care after 2014. Here are many new terms to come out of this law, here is a glossary of the pertinent ones.

Exchange –   A government run entity that will be a supervised marketplace for access to qualified health plans and subsidy.  The exchange will not issue insurance or offer a government-run health plan, they will merely serve as a marketplace for consumers to gain access to private insurance carriers’ qualified health plans.  Each state is expected to form its own exchange, and if it does not, the federal government will establish one on the state’s behalf.

Health Care Reform – The What, Who, Where, When, How and Why of the Individual Penalty


Author: Kelley Filice Jensen

By now it is not news that starting 2014 every American is expected to have Health Insurance or pay a penalty, formally called the individual shared responsibility penalty.  What?  Who?  Where?  When?  How?  And Why?

Get an update of Health Care Reform in 2013.

What is the penalty?

The penalty graduates as the law is phased in, as follows:

• 2014 = $95 per adult and $47.50 per child (up to $285 per family) or 1% of family income, whichever is greater

2013 Health Care Reform Update: What to Know This Year

Author: Kelley Filice Jensen

Health care reform was signed into law March 23, 2010.  It has had much opposition, many attempts at repeal, and continued dissent amongst some states.  But, like it or not, health care reform officially arrives October 1, 2013 when the first plans under the new law go on sale.  Here are some of the basics affecting consumers, as of 2013.

What is the difference between obamacare, the affordable care act, the patient protection and affordable care act and health care reform?

Pre-existing Condition Protections under the Affordable Care Act


Author: Kelley Filice Jensen

Beginning 2014, All U.S. citizens and legal residents will have guaranteed health insurance coverage, meaning all discrimination against pre-existing conditions will be illegal, and insurance companies will be prohibited from refusing to sell health insurance or renew policies because of a pre-existing medical condition. Shopping for affordable health insurance? Here are 10 questions to answer before you pick an individual health insurance plan.

What is a Pre-existing Condition and what it means to you?
A pre-existing condition is a medical condition an individual has prior to enrolling for health insurance. Pre-existing conditions can be serious conditions such as: heart disease, diabetes, and asthma, as well as short-term medical conditions like sports’ injuries and/or pregnancy.

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