Judi L. Woods Agency Blog
Premium Tax Credit (financial assistance with premiums) are available to
individuals with an income level of less than 400% of the Federal Poverty
Level. Cost Share Subsidies (assistance with out-of-pocket costs) is available
to individuals with an income of less than 250% of the Federal Poverty Level
information - people will need to
submit when applying for subsidy
of all family members
• Social Security
numbers of all applicants
• Dates of birth
• Gender and
• Employer name
• Projected income
for the upcoming year and sources of income
deductions similar to those claimed on a federal income tax return
to Forbes the Obama administration has decided to delay the implementation of
the Employer Mandate of the Affordable Care Act (ACA) to 2016. The delay is due
to many insurers’ and employers’ time limitations to comply with the mandate in order to
work out logistics with separate health care providers. Some employers will now
have more time before they have to offer insurance to their full-time
Federal officials stated “the reason for the ACA
delay is many insurers and employers needed more time to comply because they
used separate companies to help administer major medical coverage and drug
benefits, with separate limits on out-of-pocket costs. In many cases, the
companies have separate computer systems that cannot communicate with one
for Mid-Sized Businesses
Employers with 50-99 workers will have until 2016 to comply with the mandate.
This date represents the second delay of this controversial provision. The
penalties were initially scheduled to go into effect in 2014, before being
delayed last summer to 2015. The new delay gives mid-size businesses more time
before facing the $2,000 or $3,000 penalties for failing to provide minimum
essential coverage to eligible employees.
According to the Wall Street Journal
the change for
mid-sized businesses will impact about 2% of all American businesses and 7% of
all workers, or 7.9 million people. Employers with fewer than 50 full-time
equivalent workers currently have no obligation to provide coverage under the
clients and friends, the Patient Protection and Affordable Care Act (PPACA),
better known as OBAMA CARE, is right around the corner. Whatever your political
views, likes or dislikes, October 1,
2013 the new Marketplace (Exchange) opens. Here you can see what is available,
what choices you have, what your cost will be and can make application for
coverage if you choose. Plans will become effective January 1 .2014. I am hoping you have read my newsletters of
the past 5 months and you have learned something. If not, you can access them
now at www.judiwoodsagency.com
give me a call 239 2817378 or shoot me an email firstname.lastname@example.org
important, know I am officially certified to help you navigate thru this new territory, assist with and help you
submit applications for individual or group insurance.
I am available to help see if you
are eligible for a tax credit or for cost sharing. The individual coverage will
be guaranteed issue and may or may not save you money. Group insurance must
comply with regards to carrier and government mandates after your renewals in
2014. You may have many questions and I
am here to answer them for you. So please do not fret...I am just a click or
I have tried to keep you Informed on Reform* regarding all the facts and fiction circling
around about this change in Health Insurance and the types of coverage required.
There are some things viewed as positive and some things people are not pleased
with. Regardless of all of that, you need to know what your rights are and what
your responsibilities are.
you are currently covered via your employee or are an employer, have individual
coverage or are currently uninsured, look to Judi l Woods Agency for answers.
Even if you are not currently insured with any products thru my agency, know, I
am here to help! Therefore, get in touch with me today, you will be glad you
referrals are accepted and appreciated. So pass this information to your
friends and colleagues.
As we focus this weeks newsletter on the issue of breast cancer, we want to encourage you to be proactive in maintaining a healthy lifestyle. Be aware of the resources that are available to you and take advantage of them. The Affordable Healthcare Act has made it mandatory for insurance companies to pay for the following services without any cost sharing from the policy holder (YOU!):
Breast cancer mammography every 1 to 2 years for women over age 40Breast cancer chemoprevention counseling for women at high risk for breast cancerCervical cancer pap test for womenProstate cancer screenings for men
Click here to learn about additional preventative care services that are available to women & men under the Affordable Healthcare Act.
Most of us know someone who has been affected by breast cancer in one way or another. Since October is Breast Cancer Awareness Month we want to help you be aware of the risks and learn about some of the preventative resources that are available to you.
Consider the Facts:
In 2012, it is estimated that among US women there will be:
- 226,870 new cases of invasive breast cancer
- 63,300 new cases of "in situ" breast cancer
- 39,510 breast cancer deaths.
A Few of the Known Risk Factors*:
- Being a Woman
- Getting Older
- Starting menopause after age 55
- Never having children
- Having your first child after age 35
- Being overweight or gaining weight as an adult
- Family history of breast, ovarian or prostate cancer
Mammography and rates of early detection over time
As mammography screening rates have increased, more cases of breast cancer have been found at earlier stages, when they are most easily and successfully treated. During the 1980s and 1990s, diagnoses of early-stage breast cancer increased greatly. Since the late 1990s, these rates have remained steady. At the same time, diagnoses of advanced stage (metastatic) breast cancer have remained stable or dropped slightly.
Prevention is key, and as a result of the Affordable Healthcare Act many of these preventative services are available to you with no out of pocket costs through your health insurance carrier. Check our other blog articles to learn more about Healthcare Reform.
*This is not a complete list of risk factors. Consult a medical professional to learn about all of the risk factors of breast cancer.