In 2014, the “affordable” part of the Affordable Care Act kicks in, with tax credits and subsidies going to those who need help with paying for health care. The tax credits are to help pay for premiums and the subsidies are designed to help pay deductibles and copays. Both are available to those who buy insurance through the state exchanges. This is also the year in which it officially becomes policy that insurance companies can’t deny coverage or charge you more based on gender or pre-existing conditions.
The Affordable Care Act does come with some downside, too. Anyone who does not have health insurance by March 31, 2014 will face tax penalties.
If you’re not happy with your current health insurance or you’re looking to get covered, contact the certified agents at Sackett & Associates Insurance Services, located in Sonoma County.