The healthcare act was initiated for ones who couldn’t afford health insurance and everyone who had preexisting conditions.
It’s an insurance plan that’s been highly anticipated amongst insurers since President Obama signed the bill on March 23, 2010, whether they agreed with the terms or not. Regardless if residents are prepared, open enrollment will launch Oct. 1 with expectations of mixed reviews.
Indiana has rolled out its premiums, which is the No.6 highest cost of the Affordable Healthcare Act. The premiums are---$392 lowest cost silver plan, $403 second lowest cost silver plan, $304 lowest cost bronze plan.
The overview of premiums and plan choices, released Wednesday by Health and Human Services Secretary Kathleen Sebelius, comes as the White House swings into full campaign mode to promote the benefits of the Affordable Care Act to a skeptical public. Congressional Republicans, meanwhile, refuse to abandon their quest to derail "Obamacare" and flirt with a government shutdown to force the issue.
“For millions of Americans, these new options will finally make health insurance work within their budgets," she said.
The plan you pick, family size, age, tax credits based on your income, and even tobacco use will all impact the bottom line.
Find more information on how the healthcare will impact your family or business, visit the Healthcare Act.
Bahiyah Shabazz is one of the nation's leading financial experts on the art of maximizing growth, entrepreneur, personal wealth expert, and author of "Spending fast: Clean up your finances in 5 days", "Finances are linked to emotions: live within your means", and many more. Bahiyah Shabazz is also a motivational speaker, columnist, and radio host of ‘Fix Your Money’. If you have questions or topic suggestions please email: contact@BahiyahShabazz.com