ObamaCare Questions Answered

Many Americans Don’t Fully Understand ObamaCare, and what it means for the health care system and your health. Insurance Best Prices has put together a list of frequently asked ObamaCare questions and answered them to help you make smarter decisions about ObamaCare and your health insurance before open enrollment begins next month.

Learn all you can about ObamaCare before picking your 2017 health insurance plan during open enrollment. Your decision could either save or cost you thousands of dollars a year in health services.

Can I skip a month of ObamaCare?

With ObamaCare came a fee for anyone who goes without health insurance. There is however an allowance of two months. Every American is allowed to go without health insurance coverage for two full months. If you find yourself having to miss a month of ObamaCare you can take advantage of the short coverage gap exemption included on form 8965.

Can I use my HRA to pay for Marketplace coverage?

The answer is yes, you can use a HRA to pay for health premiums, but an employer can’t fund an HRA to reimburse individual coverage.

What if my insurer won’t reinstate coverage?

This can happen. In the event that your health insurer refuses to pay a claim or ends your coverage, you have the right to appeal their decision and have it reviewed by a third party.

Can I be denied a health plan on the health marketplace if I work but don’t have an employer health plan?

The point of ObamaCare is to help the underinsured get affordable healthcare. If you work, but your employer doesn’t offer health care coverage, you can still shop for a health care plan on the marketplace with cost assistance.

What are the coverage requirements for new citizen traveling?

If you are a citizen of the United States, who qualifies based on income, you must obtain health care coverage or an exemption or be fined. If you are traveling back and forth between the United States and another country, you can be exempt for spending 330 consecutive days in the year outside of the US.