Under the original terms of the The Patient Protection and Affordable Care Act (PPACA), also known as the Affordable Care Act (ACA) and Obamacare, Americans have until March 31, 2014 to sign up for a health insurance plan. There have been a few changes you may not know about. Deadline Rules Originally, if you couldn’t sign up for health insurance through the health exchanges by March 31st, you would have to wait until November 15, 2014 to apply for coverage starting January 2015 and pay a penalty when filing 2014’s…
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Health insurance exchange deadline approaches
As deadline looms, acquiring insurance coverage is becoming more important The time is coming when the open enrollment period for insurance exchanges in the U.S. will no longer accept new enrollees. The open enrollment period ends on March 31 and many people throughout the country have begun scrambling to enroll for coverage through both state-run and federal exchanges before then. Exchanges offer services that cannot be found in the private market, such as offering access to subsidies from the federal government that are meant to offset, if not eliminate, the…
Read MoreTennessee health insurance exchange plans still uncertain
Tennessee health insurance exchange faces unclear future Throughout the U.S., states are facing down a looming deadline from the federal government concerning their plans to establish health insurance exchanges. These states have until the end of 2012 to submit their plans to the Department of Health and Human Services or risk having the federal government begin playing a larger role in their health insurance plans. In Tennessee, plans to build an exchange have not yet been finalized, as regulators continue to determine the validity and necessity of a Tennessee health…
Read MorePennsylvania health insurance exchange may just be wishful thinking
Pennsylvania health insurance exchange may not make federal deadline Pennsylvania has been slow to warm to the concept of the Affordable Care Act. The federal health care law has been steeped in controversy for the past two years, after having been passed in 2010. The federal government had anticipated that some of this controversy would diminish due to the Supreme Court upholding the law earlier this year, but this has not happened. Now, Pennsylvania is expected to miss a federal deadline laid out by the health care law concerning the…
Read MoreHawaii sets minimum health insurance benefits for exchange program
Hawaii Governor announces minimum health insurance benefits Insurance news from Hawaii may be welcome for residents awaiting affordable health insurance. The state government has determined the minimum insurance benefits consumers will receive through a state-run health insurance exchange. The announcement was made by Governor Neil Abercrombie early this week. In choosing the minimum health insurance benefits consumers will receive through new policies, Hawaii moves one step closer to compliance with the Affordable Care Act and establishment of a comprehensive health insurance exchange system. States have opportunity to determine minimum level…
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