Category: FAQ
What happens after I meet my health insurance d...
“To sum it up…” A deductible is the amount of money you pay before your health insurance policy begins to pay for servi...
What if I don’t want healthcare?
“To sum it up…” The individual mandate requires health insurance coverage for every eligible resident The Affordable Ca...
What type of health insurance does the Presiden...
“To sum it up…” The president of the United States of America typically receives their medical care from the White Hous...
When is your payment due for Obamacare?
“To sum it up…” After you apply and enroll in a plan through the marketplace, you should pay your premium directly to y...
What is a VEBA medical plan?
“To sum it up…” VEBA stands for voluntary employee beneficiary association It is a type of health reimbursement arrange...
What is “actuarial value” for healthcare?
“To sum it up…” Actuarial value is a method for assessing the value of benefits in a health insurance plan Insurance pl...
What does RX mean in health insurance?
“To sum it up…” The letters or symbol RX comes from ancient times, probably from the Roman Empire Rx is the Latin symbo...
What is “community rating” in healthcare?
“To sum it up…” Community rating is the practice of treating members of an insured group equally and without regard to ...
What’s the Obamacare website called?
“To sum it up…” Obamacare is the common term that some people use when referring to the Affordable Care Act The Obamaca...
What pays for the ACA?
“To sum it up…” According to Obamacare Facts, it will cost the U.S. government approximately $1,207 trillion to fund Ob...
What is considered a medical device under Obama...
“To sum it up…” Any type of prosthetic device, mobility aid, body supporting, testing and medically necessary equipment...
