Obama Care Individual Mandate tax gone for 2018 tax year…read more
Healthcare Decisions Day – Set The Path For Your Future
National Healthcare Decisions Day (NADD) is an initiative to encourage people to express their wishes regarding their end-of life care and how it should be handled. Traditionally this is a topic we tend to avoid. So to make it easier, let’s look at it from a different perspective. Remember…
…this is not about dying, it’s about living.
Planning ahead helps you make the most out the time you have left. It empowers you to make your best decisions and takes the pressure off of others to guess what your preferences would be.
This year, NADD developed seven themes over seven days to help you start thinking about your personal decisions. Once you know what you want, the next step is how to discuss it with your friends and family. The final phase is to engage those professionals who may be involved with your care.
This movement starts on Monday, April 16th and goes through April 22nd. By participating, you’ll demystify healthcare decisions and ensure your days will be as rich as possible to the end.
If you pay for your own health insurance…attend this event!
I Have Your Solution to Obama Care
So it is clear that we are not going to get a repeal nor replace to Obama Care this year and they will have higher premiums than last year. NO WORRIES, I have your solution to Obama Care that won’t break the bank! We just introduced a new plan for people with pre-existing conditions…I have a solution for everyone. Please don’t go uninsured because you don’t think you can’t afford it. Contact me to see how you can have a permanent health insurance plan, zero deductible, nation-wide PPO network, and no premium increases.
Simple Comparison ObamaCare vs. Republican Plan
Obamacare vs Republican plan compared – BBC News
Now, with a governing majority, they’ve had to come up with a replacement plan – a task that has proved much more challenging than they may have imagined.
Here’s a look at some key differences between the existing law, informally known as Obamacare, and the American Health Care Act, crafted by the Trump administration and Republican leadership in the House of Representatives.
Repeal…Individual Mandate
Obamacare: All Americans are required to have health insurance or pay a tax penalty.
Republican plan: The mandate is repealed, but individuals who forgo health insurance for
more than 63 days must pay a 30% surcharge on their insurance premiums for a year.
Repeal…Employer Mandate
Obamacare: Companies with more than 50 employees are required to offer health insurance or pay a penalty.
Republican plan: This mandate is repealed.
Repeal…Taxes
Obamacare: Raised Medicare taxes on the wealthy and imposed new taxes on medical
devices, health insurers, drug companies, investment income, tanning salons and high-end health insurance plans.
Republican plan: Repeals most Obamacare taxes and delays implementation of the tax on
high-end health insurance plans to 2026.
Keep…Insurance for Dependents
Obamacare: Requires insurers to allow children under age 26 to be covered by their parents’ policies
Republican plan: Maintains this requirement.
Change…Essential health benefits
Obamacare: Requires all insurance plans to cover certain health conditions and services,
such as emergency room visits, cancer treatment, annual physical exams, prescription drug costs and mental health counselling.
Republican plan: Allows states to define what benefits are mandated or opt out of the
requirement entirely.
Change…Pre-existing condition coverage
Obamacare: Prohibits insurers from denying coverage or charging more to individuals who have pre-existing medical conditions.
Republican plan: States can let insurers charge as much as they like to sick people.
Allocates $8 billion to help subsidize those patients.
Change…Medicaid
Obamacare: Expanded Medicaid health insurance for the poor to cover more low-income
individuals.
Republican plan: Phases out Medicaid expansion to reduce federal funding on the
program by $88O billion over the next decade, and gives states greater flexibility in
administering the program in exchange for fixed federal spending.
Change…Women’s healthcare
Obamacare: lnsurance companies prohibited from charging women more than men for the same health plan and must provide core services including maternity care and contraceptives.
Republican plan: lnsurance companies still be banned from charging women more, but states could allow insurers to drop maternity care and contraceptives from basic benefits. Also bans women from using federal tax credits to buy a plan that covers abortion.
Change…Older Americans
Obamacare: lnsurers can charge older Americans no more than three times the cost for
younger Americans
Republican plan: lnsurers can charge older Americans five times as much as younger
Americans. States would also be able to set their own ratio.
Change…Subsidies
Obamacare: Provided refundable tax credits for low-income individuals who purchased their insurance on government-run marketplaces and support for some out-of-pocket medical expenses.
Republican plan: Alters formula for tax credits, which will expand the benefit to more middleclass Americans but probably raise the costs for some elderly and less-affluent individuals.
