Kaiser releases estimates for health insurance tax credits

health insurance news care reform

Health insurance tax credits subject of new Kaiser analysis Next year in the U.S., all citizens aged 18 and above will be required to purchase and maintain health insurance coverage due to federal law. This is one of the most controversial aspects of the Affordable Care Act, but the federal government has been working to highlight the fact that the law allows for consumers to receive financial assistance from the government when purchasing insurance coverage. This week, the Kaiser Family Foundation has released information concerning the financial aid that people…

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The criteria that states must meet for health insurance exchange marketplace

The Department of Health and Human Services (HHS) is awarding 13 states as well as Washington D.C. a total of $185 million to help to fund the planning and creation of the state-based insurance exchanges that are required by the federal healthcare overhaul. Each will receive a different amount as their portion of the total. For example, California will receive $38 million in order to create its exchange. The governors of the recipient states received a letter from secretary Kathleen Sebelius of HHS, which described the various options and resources…

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