Health Insurance 2014

[Kram BergGold]

I just read an article in the NATP TaxPro Monthly. If a person already has health insurance and their income falls within the guidlines to qualify for a premium subsidy are they entitled to it and how do they get it?

[DaveO]

My understanding is that you must buy your insurance through an exchange to qualify for the subsidy. If you have a policy purchased directly from an agent you will not qualify for the subsidy regardless of your income.

[AZ-Tax]

Here is an interesting article

Here is an interesting article I located. I am a licensed Health Agent and I started taking the "Agent and Broker Training for Federally Facillated Markeplace". Its my understanding the consumer can purchase thru the Market Place Exchange via online Broker, local Brokers and local Agents unless the Agent or Broker has a non resident Ins license. I would find it hard to believe that if the consumer qualified for a credit, the credit would be denied due to purchasing thru a Broker or Agent.

http://www.healthaffairs.org/healthp...hp?brief_id=97

[luke]

maybe

Maybe DaveO means that if you purchase a policy (not thru an exchange) then you are not eligible for the credit?

[DaveO]

Maybe DaveO means that if you purchase a policy (not thru an exchange) then you are not eligible for the credit?

That's what I meant to say. I was told this by an insurance agent trying to sell me a policy.

[John of PA]

AARP Health Insurance for those between age 50 and 65

My understanding is the AARP plans are no longer covering persons between age 50 to 65 and they will have to go to the exchange to buy insurance. Does this sound correct or perahaps is it only Aetna/AARP plans doing this. I got a letter that they are no longer will insure my family and I becasue of the New Heath Care Law.

[taxmandan]

My understanding is the AARP plans are no longer covering persons between age 50 to 65 and they will have to go to the exchange to buy insurance. Does this sound correct or perahaps is it only Aetna/AARP plans doing this. I got a letter that they are no longer will insure my family and I becasue of the New Heath Care Law.

John, call the White House hotline immediately! Pres. Obama specifically said that if you like your current health insurance you will be able to keep it, don't tolerate this affront to the President's credibility. I'm sure they will straighten out AARP and you'll be able to rest easy tonight.









<Sarcasm switch OFF>

[natiro]

Health Insurance 2014

Without going into too much detail, since this is all so complicated, I just want to point out that there is a difference between the subsidy and the tax credits. I think the posts in this thread are confusing the two.

[AZ-Tax]

If you ever sold Health Ins, you may just welcome ACA

Blaming Pres Obama that AARP no longer is offering their health insurance between age 50 and 65 is like blaming Budweiser for one of their Patron's DUI's offenses.

If you ever sold Health Ins as I did several years ago in NE and now in AZ, the thought of selling Guaranteed issue health ins policies is started to become exciting. I cannot tell you how many times I completed an app for a client and had it declined due to health reasons.

[John of PA]

AZ,
Don't get your hopes up about no more applications being declined for health reasons, my understanding is they can still slap a risk premium on the policy for pre-existing conditions, so it has the same effect, they person will not sign on becasue it's too costly.

[taxmandan]

Blaming Pres Obama that AARP no longer is offering their health insurance between age 50 and 65 is like blaming Budweiser for one of their Patron's DUI's offenses.

If you ever sold Health Ins as I did several years ago in NE and now in AZ, the thought of selling Guaranteed issue health ins policies is started to become exciting. I cannot tell you how many times I completed an app for a client and had it declined due to health reasons.

I wasn't blaming Obama for AARP cancelling insurance, he specifically said this type of thing was not going to happen. Well, it's time for him to make sure his words were true. After all, AARP was one of the first to endorse Obamacare.