Professor and Class, Over the years, insurance companies continue to increase their premiums as soon as they discovered that people were living longer. This is one of the reasons why the government had to take a stance because insurance companies refused to pay for pre-existing health conditions and would drop your dependent child/children from your health insurance. Now these are a thing of the past. Everyone loves this and it is a fact. Today, this is the opposite. The Affordable Care Act (ACA) otherwise known as the Obama Care was signed into law by the President on March 23, 2010. It lowers health premium cost for millions of working families and small businesses (Nies & McEwen, 2015). The ACA main goal is to make sure that everyone in America has health care coverage that is affordable. But, how affordable is this plan? According to the market place (2014), most people who bought the insurance coverage stated that the “coverage is affordable”. This depends on who you ask. It appears as if those who are most beneficial are the individuals who have low income and are “paying under 125 dollars per month” Marketplace (2014).
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This site is user friendly. After reading a number of topics from healthycare.gov, these are some of the things that I learn. Individuals who cannot afford to pay the premiums can apply for tax exemptions. These are the ways that a person can be qualified. For example,
1. An unexpected increase in your essential living expenses, that results in your essential expenses making the individual unable to get health
This site is user friendly. After reading a number of topics from healthycare.gov, these are some of the things that I learn. Individuals who cannot afford to pay the premiums can apply for tax exemptions. These are the ways that a person can be qualified. For example,
1. An unexpected increase in your essential living expenses, that results in your essential expenses making the individual unable to get health