Many of you have probably already heard of the delay in the Health Care Reform implementation that occurred the first week in July. I want to stress that the delay only pertains to employer groups with more than 50 employees, leaving the individual mandate intact.
There are a few things that you, as an individual (whether or not you are on a group health plan) need to be aware of: Currently, the understanding is that your insurance plan cannot have a deductible more than $2,000 – or be subject to an annual fine/tax that would be $95 OR 1% of your income – whichever is GREATER (i.e., an individual earning $60,000/year is subject to a $600 fine). Not sure about what you currently have for your plan? That’s where we come in – there are a lot of intricacies with this ever-changing law – let us help with your questions.
This month, I thought it would be fun to compare Health Care Reform – “Obamacare” to some common household words:
Obamacare is like the weather…it’s constantly changing.
Obamacare is like Nike…Just Do it.
Obamacare is like Lowe’s…never stop improving.
Obamacare is like Boeing…forever new frontiers.
Obamacare is like Bose…better sound through research.
Obamacare is like Cisco Systems…This is the power of the network. Now.
Obamacare is like Verizon Wireless…Can you hear Me Now? Good.
Obamacare is like Capital One: What’s in your wallet?
Obamacare is like Porsche: There is NO substitute. (however, there are some options)
Obamacare is like Xerox: The Document Company. (All 2,719 pages)
Obamacare is like the Energizer Bunny…it keeps going and going.
But my favorite is…ACS Insurance is like Home Depot. You can do it. We can help.
This month’s winner is Hanna Rodgers. Hanna is a new client with ACS Insurance – who was referred by another client – so both were entered into this month’s drawing! You too can be entered in this month’s drawing by liking us on Facebook, calling for a quote or referring someone to our agency.
Orrrr… this month, just send me an email of your own version of “Obamacare is like…” and I’ll enter you in the drawing.
Until next month,