Tag: Obamacare

An Entrepreneur’s Guide to Buying Health Insurance | All business

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Most entrepreneurs are solopreneurs or have less than five employees. This means that you’re not required to buy insurance for employees (obligation begins at 5o full-time employees) and it probably doesn’t make sense for you to have a company plan. In other words, you will be buying your insurance from the individual plan market. Here is a guide to buying health insurance in the age of the Affordable Care Act (ACA).

Decide Where to Buy

The ACA (often referred to as “Obamacare”) has made it much easier to buy individual health insurance plans by setting up a federal webstore: healthcare.gov. You can browse for plans available in your zip code, compare what they offer, and enroll in a policy of your choosing — all without leaving leaving the website.

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Split decisions on Obamacare subsidies: The impact on 4.7 million Americans | CnnMoney

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Two opposing court rulings issued Tuesday sowed confusion about whether 4.7 million Americans can keep their Obamacare subsidies.

A federal appeals court panel in Washington, D.C., ruled Tuesday morning that individuals cannot use tax credits or subsidies to buy health insurance on the federal exchange, healthcare.gov.

A few hours later, another set of appeal judges in Richmond, Va., unanimously upheld the ability for people applying for coverage on the federal exchange to receive subsidies.

The Obama administration said it plans to appeal the D.C. court ruling.

For Americans receiving subsidies, nothing will change until the legal court battle ends. People in the 14 states and Washington D.C. that run their own exchanges would not be affected by these rulings.

Subsidies are key to the Affordable Care Act’s success: About 87% of those who signed up for Obamacare plans on healthcare.gov received them.

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