THE AFFORDABLE CARE ACT
As most of you are aware of, “THE AFFORDABLE CARE ACT” was passed in 2010.  What this law means, is that every American citizen must have health care insurance or pay a tax penalty.
The law takes effect on January 1, 2014.  This means that even as a National Guard Soldier or Airman, you must have health insurance as well.
 
YOU ALREADY MEET THIS REQUIRMENT IF YOU HAVE…..
·         An Employer Group Plan
·         An Individual Plan
·         A State or Federal Plan (e.g. Medicare, Medicaid, Children’s Health Insurance Program, or certain Veteran’s coverage).
If you have purchased Tri-Care insurance for yourself and your family, and that insurance covers you even when you are not deployed, then you are covered, and your insurance meets the minimal standards.  Please be aware that as this program evolves, there may be some minor changes in coverage and premiums.  With Tri-Care, these are expected to be minimal.
 
 BREAKS ON COSTS
In order to assist people with purchasing the required insurance, there is help available to pay for the premiums.  This price break is called a “tax credit,” or “subsidy.”  The subsidy was designed to help people who can’t get affordable insurance through their jobs.
You can use this one right away to lower the amount you pay for your insurance premium each month.
How much money you receive depends on your income, family size, and age.  For example, a one person family can earn up to $45,960 and receive a tax credit.  Tax credits are available for a four person family making up to $94,200.  To learn more about the subsidy, go to:
http://kff.org/interactive/subsidy-calculator/
To Investigate How Much You Could Receive in Health Care Subsidies, go to “healthcare.gov”
 
PLEASE NOTE!!!!!
SUBSIDIES ARE NOT AVAILABLE IF YOUR CIVILIAN EMPLOYER SUPPLIES ALL OR PART OF YOUR HEALTH INSURANCE!!!!!
 
WHAT TO DO IF YOU DON’T HAVE ANY HEALTH INSURANCE
 
·       Check with your civilian employer to determine what sorts of health insurance they provide.  Make sure that you understand what the deductibles are, as well as the co-pays.  By law, the insurances offered must meet the minimal standards of the Affordable Care Act.
·       If your civilian employer does not provide health care, contact your base’s Tri-Care representative to determine if one of the Tri-Care plans would be best for you and your family.  More contact information for Tri-Care follows.
·       The provider’s pool consists of the two private providers who agreed to sell health insurance coverage in Iowa that is mandated by the Affordable Care Act, or ObamaCare.  Contact information for both follows.
 
Contact any of the private health insurance providers in your area.
PROVIDERS INFORMATION
TRI-CARE
Lynnette Tiedt
515-252-4728
CoOPPORTUNITY HEALTH
Individual Hotline:  866-217-6111
COVENTRY HEALTH
800-338-8366