Health Insurance Exchanges

The Washington Post published an article titled: "Arrival of Insurance Exchanges Raise Questions About Health Coverage in 2014" The article addressed man questions and below are some key takeaways from the article:

• The new insurance policies will have to meet certain standards related to coverage and cost.
• Premiums cannot be more than 3 times higher for older people than it is for younger people.
• Many young people will be eligible for subsidized coverage - through exchanges, their parents insurance or Medicaid. 
• Premium subsidies will be available to people who have incomes at 400% of the poverty level. There are limitations to who can get this as well.  
• If you drop coverage altogether (don't purchase on your own, through an employer or through health care exchange), you will be penalized $95 or 1% of your taxable income.

To read the full article, please click the following link: "Arrival of Insurance Exchanges Raise Questions About Health Coverage in 2014"

For additional billing, coding and reimbursement resources, please click the following link: Medical Reimbursement Resources Page