Wednesday, January 1, 2014

Happy Healthy New Year: Day 1 of Obamacare

Happy New Year, everyone!

January 1st, 2014 is the day that the ACA (Obamacare) officially begins.  Here are a few things that go into affect today:

  • Am I covered? Consumers will find out if they are enrolled in the plans they initially signed up for through the ACA website.    
  • Expanded Medicaid:  25 of the 50 states will expand their Medicaid program at this time.  The rest of the states can decide to expand their program at any time.  
  • Final Consumer Protections Kick In: Insurers will no longer be allowed to discriminate against customers with pre-existing conditions.
  • Individual Mandates begin to Kick In:  Consumers must register for some sort of health insurance in the first 3 months of 2014 or pay a fine when filing their tax return.
More information about key dates to watch for in 2014 can be found at this link.

No comments:

Post a Comment