Kansas residents can enroll in Affordable Care Act health plans during Kansas’ Open Enrollment period from November 1 to December 15 and select an Affordable Care Act plan that best meets their needs. KS residents have ample time during this timeframe to shop around and select an ACA plan suitable to them.
Farm Bureau plans to offer an unregulated, inexpensive alternative that bypasses Affordable Care Act rules, but critics are worried about its scope of coverage and whether it could increase marketplace premiums.
What is obamacare?
Obamacare, otherwise known as the Patient Protection and Affordable Care Act, was passed by Congress and signed into law by President Barack Obama in 2010. Since its passage, this healthcare legislation has altered how many Americans receive health coverage.
Health reform legislation mandates health coverage for all Americans and provides subsidies to those earning less than 400% of the federal poverty level, to cover deductibles, copayments and coinsurance premiums. Furthermore, this act prohibits insurers from dropping patients due to preexisting conditions without prior consent of patients, requires companies provide maternity coverage as well as allow children under 26 years old stay on their parents’ plans.
The Affordable Care Act (ACA) also permits states to expand Medicaid programs for those with slightly higher incomes, although 19 states including Kansas have decided not to do so. According to research from Kaiser Family Foundation (KFF), expanding Kansas Medicaid would have resulted in 24% lower costs between 2013-2022 if only it had expanded, saving money and providing many people with access to quality health coverage.
Who is obamacare for?
Before the Affordable Care Act was implemented, millions of Americans could not afford healthcare coverage due to preexisting conditions and income restrictions. Now though, with Obamacare most Americans can purchase affordable health coverage no matter their past medical history and preventive care is covered without extra fees.
The Affordable Care Act also offers financial assistance to help lower income individuals afford health and insurance coverage, through two forms of subsidies: cost-sharing reductions and advance premium tax credits. You can enter your zip code above to see if these benefits may apply to you.
Individuals and families can enroll in health insurance plans during the annual Open Enrollment Period from November 1 – December 15 each year. Special Enrollment Periods allow people who experience certain life events – like getting married, moving house, giving birth or losing employment – to apply for coverage at that time. All Affordable Care Act plans must cover 10 essential benefits including emergency services, maternity care and prescription drugs.
How does obamacare affect me?
The Affordable Care Act, more commonly known as Obamacare, was implemented in 2010 to lower health insurance premiums and expand coverage. Exchanges were created as an online marketplace where individuals and families could purchase private health plans with federal subsidies to cover premium costs. Furthermore, all plans had to cover certain essential benefits as required under the Act; preexisting condition discrimination was banned; young adults could remain on their parents’ policies until age 26;
The Affordable Care Act has proven highly contentious, drawing repeated repeal efforts. Yet its significance remains. Below are links to articles regarding its implementation in Kansas.
How does obamacare affect my business?
The Affordable Care Act (ACA), passed into law by President Obama in 2010, is an expansive piece of legislation. It established state and multistate-based health insurance exchanges to assist individuals and small businesses purchase health coverage; expanded Medicaid eligibility; prohibited lifetime monetary limits on insurance policies; required employers to offer health benefits or pay penalties; and mandated that employers offer employee health care or face penalties.
Many individuals without health coverage now have access to plans through the Affordable Care Act, with enrollment at an all-time high. But critics of the ACA remain strong; Republicans in Congress have pledged to repeal it but so far this has failed. Furthermore, multiple court cases have challenged its implementation despite these challenges; nonetheless experts consider that its goals have been achieved as intended and that its costs have been covered by taxes on medical device sales, pharmaceutical sales and premium payments as well as helping reduce Medicare spending costs.
