Welcome to NC Obamacare Enrollment Center
It's almost time! The 2010 Affordable Care Act (ACA: aka Obamacare) is coming to NC. Like it or not, it is here and here to stay. This website is designed to educate you how this law will affect you and will provide you a means to get enrolled, paying the lowest possible premium (if any).
This video, courtesy of The Kaiser Foundation will give you a brief overview.
Things To Know About Obamacare
Help For The Very Sick
Forty-nine percent of the American people under the age of 65 report that they or a family member have a pre-existing medical condition such as heart disease, diabetes, asthma, and cancer. Among this group, a quarter (25%) say that they or someone in their household has been denied coverage or had their premium raised because of a pre-existing condition.
The “guaranteed issue” requirement in the ACA fixes this problem, which is called medical underwriting. It requires insurers to issue health plans to anyone in the individual or group markets, regardless of their health status, and prohibits rate surcharges based on health status in the individual and small group markets. Like most of the ACA’s major revisions, it kicks in January 1 of next year, with open enrollment beginning this October.
You May Qualify For Federal Subsidies
If you're not eligible for health insurance through your employer or government programs, you could be able to receive federal tax credits to help pay for insurance if your household income is less than four times the federal poverty level. How big your credit will be varies based on income level. Around 26 million Americans are expected to qualify for some level of credits. Tax credits will be available to people earning up to $90,000 per year for a family of four and who purchase health insurance through one of the online health insurance exchanges to be set up in 2014.
Four levels of plans will be available under Obama's law: bronze, silver, gold and platinum. Bronze plans will cover 60 percent of expected medical costs; silver plans will cover 70 percent; gold will cover 80 percent and platinum 90 percent.
All plans cover the same benefits, but bronze features the lowest premiums, paired with higher deductibles and copays. Platinum plans would have the lowest out-of-pocket costs and the highest premiums. Qualified enrollers may also offer affordable additional benefit packages that can help fill the gaps and help cover deductibles and out of pocket costs. As a NC Obamacare Enrollment Center, we can help you find the plan and the coverage that is right for you.
If You Need To Buy Insurance, You'll Do It Through An Online Health Insurance Exchange
Online health insurance exchanges are scheduled to be available on Oct. 1 for purchasing insurance. Although the plans were approved, specifics about those plans are deemed “trade secrets,” so the DOI does not give out details. Insurers, including Chapel Hill-based Blue Cross and Blue Shield of North Carolina, keep them secret as well, although they will be publicly posted online beginning Oct. 1.
Blue Cross, which plans to offer 26 plans, is the only insurer that plans to offer subsidized coverage in all 100 counties of the state. Coventry Health Care of the Carolinas, offering 25 plans, is expected to operate in major metropolitan areas. A third provider, FirstCarolina, just dropped out of the Exchange, leaving just BCBS and Coventry as the two choices available in NC.
As a NC Obamacare Enrollment Center, we can ensure that you will pay the lowest possible rate, and with a network that will be best for your county.
Shop Around On The Exchange
Not all companies have the same rates. Make sure you are understand which company offers the best rates before you buy. And then make sure that your doctor accepts the plan before you sign.
Even if you have insurance through a group policy, you should shop on the Exchange. Plans could be much cheaper than the insurance you already own. As an NC Obamacare Enrollment Center, we can guide you through the quoting the enrollment process.