ACA Blog Posts

Pros and Cons of Staying on Your Parents' Insurance

Pros and Cons of Staying on Your Parents' Insurance

Posted by Robert DiGiacomo on April 6, 2016 in Life Transitions

The Affordable Care Act allows young adults to remain covered by their parents' insurance plan until they turn 26, regardless of whether they get married, attend school, have a full-time job, or still live at-home. According to the United States Department of Labor, this applies to both employer-sponsored plans and all plans in the individual market. For some, staying covered by their parents' plan will make the most sense financially. For others, it may be preferable to get your own insurance, through the government-sponsored Marketplace, your employer, or directly from an insurer.... Read More ...

Turning 26: How to Buy Your First Health Insurance Policy

Turning 26: How to Buy Your First Health Insurance Policy

Posted by Robert DiGiacomo on March 23, 2016 in Life Transitions

Under the Affordable Care Act, your parents are permitted to include their adult children on their health insurance policy until they turn 26. The actual termination date for coverage for adult children will depend on whether you're on a Marketplace — or government-subsidized plan — or covered through private insurance through a parent's employer. If you're about to light 26 candles on your birthday cake, here's what you need to need to know to remain insured:... Read More ...

How Long Can You Go Without Health Insurance Without Paying the ACA Penalty?

How Long Can You Go Without Health Insurance Without Paying the ACA Penalty?

Posted by Cheryl Alkon on March 15, 2016 in Insurance

Think buying health insurance is expensive? It can cost you a lot more to go without. According to Healthcare.gov, if you can afford health insurance, but choose not to buy it, you'll be required to pay a fee for each month you, your spouse, or your tax dependents don't have health insurance that qualifies as minimum essential coverage. This fee—also known as the individual shared responsibility payment, fine, or Affordable Care Act (ACA) penalty—will be collected when you file your federal tax return for the year you don't have coverage.... Read More ...

5 Situations Where You Need Short-Term Health Coverage

5 Situations Where You Need Short-Term Health Coverage

Posted by Lauren McNitt on March 2, 2016 in Life Transitions

Short-term health insurance can be critical to ensuring you are covered with no gaps throughout the transition periods in your life. Below are examples of five life transitions during which you would need short-term health insurance. 1. You started a new job and are waiting for your employer's insurance to start. A short-term health insurance plan may be a great solution for you if you are moving from one job to another. Your former company's plan will lapse once you leave, and many companies don't provide health insurance on your start date, but rather 60 or 90 days after. Keep in mind that you will not be eligible for Cobra if you opt for short-term coverage.... Read More ...

What is Catastrophic Insurance?

What is Catastrophic Insurance?

Posted by Eric Rosenberg on February 23, 2016 in Insurance

When you shop for health insurance, you will come across many different types of policies designed to match your financial and healthcare needs. Some policies have a higher monthly premium and a lower out-of-pocket cost when you visit the doctor. Others have a low premium but very high out-of-pocket cost for regular care. One such health plan that has a lower premium and a higher deductible is a catastrophic health plan. Here's what you need to know about catastrophic insurance plans.... Read More ...

Study: Women's Health and Coverage Both Decline Following Divorce

Study: Women's Health and Coverage Both Decline Following Divorce

Posted by Andrea Emerson on February 17, 2016 in Life Transitions

A study by the University of Michigan titled Divorce and Women's Risk of Health Insurance Loss reported that roughly 115,000 American women lose private health insurance each year in the months following a divorce, and more than half of them become uninsured. What's more, divorce also causes their health to decline, both physically and psychologically, compounding the loss of medical coverage and financial hit that follow a divorce. It's a perfect storm for many women struggling with the end of their marriage.... Read More ...

3 Best Short-Term Insurance Providers

3 Best Short-Term Insurance Providers

Posted by Abigail Pratt on February 16, 2016 in Insurance

When you decide to buy a short-term medical insurance policy, it's important to find a reliable carrier that can provide coverage that meets your personal needs. The purpose of short-term medical insurance is to get you through gaps in coverage that may occur due to certain life circumstances, such as retirement or the loss of a full-time job. If you find yourself temporarily without insurance or waiting for your ACA-compliant coverage to take effect, a short-term policy may be the right solution for you.... Read More ...

Open Enrollment is Closed: Now What?

Open Enrollment is Closed: Now What?

Posted by Eric Rosenberg on February 2, 2016 in Insurance

If you've missed the open enrollment window to sign up for an ACA-compliant health plan through the Health Insurance Marketplace, all hope is not lost. You still have several options to get coverage for the year. Take these steps to find a plan that will work for your needs, no matter the time of the year. Short-Term Policies If you do not have insurance coverage and you need it in a hurry, one of the first places to look is short-term medical coverage. While these types of plans are not compliant with the Affordable Care Act... Read More ...

How to Avoid the Flu This Season

How to Avoid the Flu This Season

Posted by Cheryl Alkon on January 29, 2016 in Personal Wellness

While January is a time for new beginnings, it's also right in the middle of flu season, which peaks from December to February. According to the Centers for Disease Control and Prevention, flu vaccines are usually first available in October, and flu season can continue right through the warmer months in May. If you haven't already gotten a flu shot, but you would like to, it's not too late. You can typically get one at your doctor's office, your local health department, urgent care clinics, and possibly at your school, college, or workplace.... Read More ...

Managing Health Insurance Through Divorce

Managing Health Insurance Through Divorce

Posted by Robert DiGiacomo on January 27, 2016 in Life Transitions

For couples going through a divorce, making decisions dividing your home and other assets and resolving custody issues may be top of mind. But you should also make it a priority to maintain health coverage for you and your children. Among the issues to resolve: Can you retain coverage under your spouse's plan? Will your children be covered? What options do you have for temporary coverage? No matter what, you don't want a gap in coverage. Know your healthcare rights and find out which insurance options are available to you as you finalize your divorce.... Read More ...

Short-Term Health Insurance Can Bridge the Gap

Short-Term Health Insurance Can Bridge the Gap

Posted by John Egan on January 13, 2016 in Life Transitions

Thanks to the Affordable Care Act (ACA), otherwise known as ObamaCare, interest in short-term health insurance has spiked significantly. According to health insurance exchange eHealth, there was a 134 percent jump in applications for short-term health insurance between 2013 and 2014, when many ACA rules took effect.... Read More ...

Managing the Health Insurance Waiting Period

Managing the Health Insurance Waiting Period

Posted by Eric Rosenberg on January 12, 2016 in Insurance

Signing up for healthcare coverage is an important step to take in protecting yourself and your family from financial expenses should a medical issue arise unexpectedly. However, simply signing up does not mean your coverage will begin immediately. If you are enrolling in a new healthcare plan, you can take the following steps to ensure that you remain protected throughout any gaps in coverage.... Read More ...

How to Protect Yourself from Open Enrollment Scams

How to Protect Yourself from Open Enrollment Scams

Posted by Eric Rosenberg on January 6, 2016 in Life Transitions

With open enrollment deadlines looming, Americans looking to avoid the Affordable Care Act (ACA) tax penalty are rushing to get insured. While there are many reputable companies and agents helping people find the right health coverage for their needs, there are also plenty of bad guys out there trying to scam people for a quick buck. You can protect yourself from fraud with these tips.... Read More ...

Health Insurance Options When Aging off Your Parent’s Policy

Health Insurance Options When Aging off Your Parent’s Policy

Posted by Ashley Norman on December 30, 2015 in Life Transitions

When you turn 26, you are no longer eligible to stay on your parents’ health insurance plan. If you’re turning 26 soon, or have parents who qualify for Medicare before you turn 26, you will need to find alternative health coverage.... Read More ...

7 Healthy New Year's Resolutions to Kick Off 2016

7 Healthy New Year's Resolutions to Kick Off 2016

Posted by Ashley Norman on December 30, 2015 in Personal Wellness

Are you ready for a happier, healthier version of yourself? Well it’s the time of year again to begin setting New Year resolutions. People often set resolutions on Jan. 1 and get excited, but lose their motivation and give up before the end of the year.... Read More ...

5 Questions to Ask Yourself During Open Enrollment

5 Questions to Ask Yourself During Open Enrollment

Posted by Eric Rosenberg on December 29, 2015 in Insurance

For many Americans, open enrollment is happening now. Open enrollment is a period each year where employees are able to make changes to their employer-sponsored or state-run marketplace health insurance plans. The 2016 Healthcare.gov open enrollment period lasts from November 1, 2015-January 31, 2016.... Read More ...

What You Need to Know About Health Insurance When Starting a New Job

What You Need to Know About Health Insurance When Starting a New Job

Posted by Eric Rosenberg on December 7, 2015 in Insurance

Starting a new job is exciting, but all the paperwork about insurance, taxes, and benefits can be confusing.... Read More ...

ACA Open Enrollment Deadline: What Are Your Insurance Options?

ACA Open Enrollment Deadline: What Are Your Insurance Options?

Posted by Kelli Vorndran on December 1, 2015 in Insurance

The 2016 cut-off for open enrollment under the Affordable Care Act (ACA) will be on Jan. 31, 2016. With the deadline confirmed, here are the choices available to Americans not covered by a plan through their employer:... Read More ...

ACA Deadline Cheat Sheet

ACA Deadline Cheat Sheet

Posted by Brianna Weidman on November 30, 2015 in Insurance

The current healthcare marketplace can be confusing. Understanding your options, especially as they relate to the Affordable Care Act (ACA), requires some study. If you are planning to purchase a 2016 health insurance plan during the Open Enrollment Period, you need to be aware of certain dates.... Read More ...

Thousands Left Without Insurance as Nevada Health Co-Op Shuts Down

Thousands Left Without Insurance as Nevada Health Co-Op Shuts Down

Posted by Brianna Weidman on August 28, 2015 in Insurance

Thousands of Nevadans will be left without insurance coverage come January 1, 2016, when the Nevada Health Co-Op (NHC) closes its doors. If you are a member of the NHC, you have several options for continued health coverage.... Read More ...

Individual Mandate Changes for Cancelled Insurance Plans

Individual Mandate Changes for Cancelled Insurance Plans

Posted by Kelli Vorndran on May 5, 2015 in Insurance

The Obama administration has announced that Americans whose insurance plans have been canceled this year will get a temporary exemption from the “individual mandate” section of the Affordable Care Act. This means that if your insurance company cancelled your insurance plan in 2013, the federal government won’t require you to get health insurance in the... Read More ...

Cancelled Insurance Survival Checklist

Cancelled Insurance Survival Checklist

Posted by Kelli Vorndran on February 20, 2015 in Insurance

You might be getting some unexpected—and possibly unwelcome—news about your health insurance if you have a policy that doesn’t meet the standards of the Affordable Care Act (ACA). And if you’re getting that news, you’re not alone.... Read More ...

Making Sense of Healthcare Insurance Extensions

Making Sense of Healthcare Insurance Extensions

Posted by Kelli Vorndran on January 12, 2015 in Insurance

You aren’t alone if the constant changes to the Affordable Care Act (ACA) deadlines are making you feel confused. Difficulties with the Healthcare.gov website, program rollouts, and uncertainty about levels of coverage have many American consumers unsure where to begin. A recent development... Read More ...

Top 5 Questions to Ask About Short Term Medical Insurance

Top 5 Questions to Ask About Short Term Medical Insurance

Posted by Kelli Vorndran on January 8, 2015 in Insurance

You’re in a period of transition – job loss, aging out of your parents’ policy, and so on – and you’re considering the purchase of short term medical (STM) insurance. You know STM is for the gaps when you’re between long-term coverage alternatives, but you still need more information. Here are the top 5 questions... Read More ...

How Short Term Medical Insurance Fills the Coverage Gap

How Short Term Medical Insurance Fills the Coverage Gap

Posted by Kelli Vorndran on January 8, 2015 in Life Transitions

Living without health insurance is risky. Should an accident occur when you’re without coverage, the financial ramifications could be life-altering. To combat chances of consumers being hit with large bills, the Affordable Care Act.... Read More ...

How STM Can Benefit Consumers During ACA Enrollment Gaps

How STM Can Benefit Consumers During ACA Enrollment Gaps

Posted by Kelli Vorndran on November 4, 2014 in Life Transitions

Open enrollment in 2014 for a Marketplace health plan under the Affordable Care Act (ACA) came to a close on March 31. A plan purchased between March 16 and March 31 will go into effect on May 1. After that – unless you have a life event such as losing your job, having a child, or getting divorced – you will have to wait for the next enrollment period, which is set to begin in November. But even if... Read More ...

3 Steps for Moving Home and Staying Classy

3 Steps for Moving Home and Staying Classy

Posted by Randee Portteus on September 24, 2014 in Life Transitions

Four years of independence at college is more and more frequently ending in a return to “the nest” after graduation. According to the Pew Research Center, 36% of young adults ages 18 to 31 were living with their parents in 2012. At that time, I was blissfully entering my junior year of college living in an apartment with four other girls after spending the summer 20 hours away from home in Colorado. In 2014, I am a graduate reluctantly but gratefully living with my parents in the bedroom I painted when I was 18, right before I left.... Read More ...

Can I Keep My Old Doctors with STM?

Can I Keep My Old Doctors with STM?

Posted by Kelli Vorndran on May 28, 2014 in Insurance

One of the first questions asked by consumers considering the purchase of short term medical (STM) insurance is whether they can choose their doctors, hospitals, or other medical providers. The short answer is yes!... Read More ...

Final ACA Deadline Moved Back to April 15

Final ACA Deadline Moved Back to April 15

Posted by Kelli Vorndran on April 14, 2014 in Insurance

The Obama administration has granted a brief reprieve for those who started to enroll in the Health Insurance Marketplace prior to the March 31 open enrollment deadline. If you tried to enroll prior to March 31 but didn’t finish your application in time, you can still get coverage for 2014 if you complete your enrollment by April 15... Read More ...

Changes in Healthcare in 2013

Changes in Healthcare in 2013

Posted by Kelli Vorndran on March 27, 2014 in Insurance

The healthcare and health insurance industries have experienced many changes since the passing of the Affordable Care Act in 2010, with more changes to come. The Act will implement more changes to healthcare over a predetermined timeline, and insurance companies and citizens alike will be able to follow this timeline to anticipate changes and react... Read More ...