Under the new Affordable Care Act, any child under 19 years of age cannot be excluded from a healthcare plan simply because of a medical condition that existed before applying for coverage. This could mean you and your family may qualify for many more healthcare plans than you previously thought possible. This stipulation applies to both employer provided plans and personal health insurance, and better yet, will be extended to Americans of all ages starting in 2014. Call Infinity Partners Group today to find out what this means for your family and how we can help you find the plan that meets all of your needs.
Before the Affordable Care Act, Medicare was notorious for having gaps in coverage. Many Medicare subscribers have trouble covering the additional costs of prescription drugs or need supplemental insurance. Beginning in 2014, some of these gaps are beginning to be filled in by increasing the maximum costs of prescription drugs to be covered. The Affordable Care Act aims to close this gap completely by 2020. Call us today to find out how this could benefit you.
The Small Business Health Options Program (SHOP) is available to employers with 50 or fewer full-time-equivalent employees (FTEs) and is a new feature of the Affordable Care Act. If your company is eligible and participates in SHOP you may receive a tax credit worth up to 50% of your contribution to your employees’ benefit packages. Call us today for more details and to let us help you enroll.