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What is the Affordable Care Act?

The Patient Protection and Affordable Care Act (PPACA) – also known as the Affordable Care Act or ACA, and generally referred to as Obamacare – is the landmark health reform legislation passed by the 111th Congress and signed into law by President Barack Obama in March 2010. The legislation includes a long list of health-related provisions that

Questions and Answers on the Individual Shared Responsibility Provision

Basic Information 1. What is the individual shared responsibility provision? Under the Affordable Care Act, the federal government, state governments, insurers, employers and individuals are given shared responsibility to reform and improve the availability, quality and affordability of health insurance coverage in the United States. Starting in 2014, the individual shared responsibility provision calls for

How MEC plans are a great benefit to employees and employers

Each year, preventable chronic diseases are responsible for millions of premature deaths among Americans. Because health problems impact productivity, they are a major drain on the U.S. economy, resulting in 69 million workers reporting missed days due to illness each year. This loss of productivity reduces economic output by $260 billion per year. Under the

What Is an Open Enrollment Period?

Open enrollment is a period of time each year when you can sign up for health insurance. If you don’t sign up for health insurance during open enrollment, you probably can’t sign up for health insurance until the next open enrollment period, unless you experience a qualifying event. If you’re eligible and apply for health insurance

How to Determine if You Have Minimum Essential Coverage (MEC)

The Affordable Care Act, also known as Obamacare or ACA, requires most Americans to have health insurance that meets a government standard known as “minimum essential coverage,” or MEC. Whether your insurance qualifies as MEC depends not on the plan itself, but on how you obtained your coverage.

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