Shortly after the announcement that the employer mandate is delayed until 2015, the federal government announced another change to the implementation of the Affordable Care Act (ACA). This time the change is regarding how an individual’s eligibility for a health insurance subsidy will be verified. A person is eligible for a subsidy if: (1) he or she earns less than 400% of federal poverty level (those earning less than 133%
Three Months Until the Start of Open Enrollment for Health Insurance
Today is July 1. For us at Virginia Medical Plans, the date signifies the start of a three month countdown to open enrollment for health insurance and the October 1, 2013 opening of the health insurance exchanges. Between now and then, we will all continue to see a lot of publicity about the Affordable Care Act (ACA), as both the government and the insurance industry launch widespread campaigns to educate
A Race to Educate the Public on New Health Care Law
With April coming to a rapid close, it seems that folks are just beginning to realize that October 1 is right around the corner! What is the significance of October 1? It is the date the new insurance exchanges, created under the Affordable Care Act, are scheduled to open for business. It is therefore the date that an anticipated 14 million currently-uninsured Americans will begin shopping for health insurance in