The implementation of the Affordable Care Act (ACA) in January was met with speculation and predictions on consumer responses. Although the ACA is being introduced in stages, starting first with the individual mandate, a few trends have emerged.
Health care reform and the ACA will change the face of medical coverage for many Americans. But here’s the good news: You do not need to make any changes to your dental and/or vision plan, and you can keep your current benefits at least until your 2014 renewal.
According to the Employee Benefit Research Institute, more than half of working Americans couples have less than $25,000 in total savings and investments, not including their home or defined benefit retirement plans.
Many businesses are classified as “employers of choice” because they take good care of their customers and employees. They researched health care plans and provided choices that fit employees’ needs.
On Oct. 1, 2013, Americans currently without insurance and employers of fewer than 50 employees that choose to provide benefits will have an opportunity to start reviewing insurance plan selections before the individual mandate goes into effect on Jan. 1, 2014.
Across the country, people have been anticipating changes that will occur with insurance and health care under the Affordable Care Act (ACA). Many are looking forward to having access to health care insurance, while others are concerned about how the ACA will affect their benefits and budgets.
Beginning Jan. 1, 2014, the individual mandate of the Affordable Care Act (health care reform) goes into effect. This means that individuals who do not have Minimal Essential Coverage through an employer, private or public exchange or public program must be offered the new Essential Health Benefit packages.
About 80 percent of U.S. health insurance companies traditionally have charged premium rates for medical insurance at a higher rate than initially was quoted, but under the Affordable Care Act (ACA) rates quoted in the public exchange marketplace may be more accurate.
In surveys on insurance benefits, employees frequently affirm that they value their dental benefits. But many wonder how the Affordable Care Act (ACA) will impact their dental insurance.
The U.S. Department of Health and Human Services has mandated that as of January 1, 2014, insurance plans must include 10 categories of essential health care or services, and one of the core elements is pediatric oral and vision care for dependents.