The Affordable Care Act (ACA), also known as “Obamacare,” was designed to make healthcare more affordable and accessible for millions of Americans. But what does that mean for you? Here’s a quick overview of how the ACA can help you get the coverage you need:
- Plans with Essential Benefits
ACA-compliant plans cover 10 essential health benefits, including preventive care, prescription drugs, hospitalization, maternity care, and mental health services. This ensures you’re protected against high medical costs without missing out on necessary care.
- Financial Assistance
The ACA offers premium tax credits to lower monthly insurance costs for individuals and families earning between 100% and 400% of the federal poverty level. See below for link with more details. In some cases, you may also qualify for reduced out-of-pocket costs through cost-sharing reductions.
- Coverage for Pre-existing Conditions
One of the ACA’s key protections is that insurers cannot deny you coverage or charge you more based on a pre-existing condition. This guarantees access to care for everyone, regardless of health status.
Need help navigating your ACA options? Call or text (813) 761-2836 or email team@rwealthgroup.com to get personalized guidance and take advantage of affordable healthcare today!
Federal Poverty Levels: https://www.healthcare.gov/glossary/federal-poverty-level-fpl/