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Wednesday, October 9, 2013

Obamacare Consists of Two Acts





Obamacare actually consists of two laws:

1. The Patient Protection Affordable Care Act  (document of actual legislation)
       - Simple summary of this act

2. Healthcare Education Reconciliation Act of 2013  (document of actual legislation)     
        - Simple Summary of this act

 Source: Affordable Care Act and Medicaid

More information on Obamacare at http://spirfit.org/Academy/obamacare

Monday, October 7, 2013

Obamacare: How the Government Pays Part of Your Insurance Premium





Under Obamacare, the government can pay for part of your insurance premium through the Premium Tax Credit, if you qualify. Most middle class families qualify. This video explains this:


Document shown in this video can be found at http://www.treasury.gov/press-center/documents/36bfactsheet.pdf

FPL (Federal Poverty Level) Chart (to see if you are within 100% to 400% FPL) can be found at http://aspe.hhs.gov/poverty/13computations.cfm


For other important information about Obamacare, go to:  
http://spirfit.org/Academy/obamacare

Disclaimer: Consult a health insurance expert when using information from this site. The author of this blog is not liable for information here (especially when this is a new and unprecedented legislation where nobody knows exactly how it will all actually turn out, and changes will continue to be made by the government and the market .)