Affordable Care Act

Established on March 23, 2010, the ACA revolutionized the healthcare landscape in the United States, aiming to extend and improve access to health care while also reducing costs. Protecting yourself and your family through health insurance is not just a responsible choice—it's also mandated by law for most.

What is Health Insurance?

Health insurance is a contract between you and an insurance company that outlines your coverage, as well as the responsibilities and rights of both the insured and the insurer. A monthly premium is paid for this coverage. Health insurance plans can be acquired either through your employer or on an individual basis.

Importance of Health Insurance

Having health insurance is crucial for a multitude of reasons, whether you obtain it through your employer, Medicare, Medicaid, or privately. Under the Affordable Care Act law, failure to obtain insurance, if you qualify, can result in a penalty calculated as a percentage of your annual income. It's essential to be well-informed and fulfill this obligation to protect yourself and your loved ones.

Available Plans in the Marketplace

There is a variety of plans available in the healthcare marketplace, each designed for specific scenarios or events in life. However, it's important to note that not all of these are considered health insurance. Available plan types include:

• Catastrophic Illness Policies
• Accident Policies
• Supplemental Policies
• Hospitalization Indemnity Policies
• Supplemental Prescription Drug Coverage
• Discount Plans

Let us help you understand how to choose the plan that is best for you.