Health-Care Reform: Insurance Exchanges

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Health Care RaceCLICK HERE TO READ FULL ARTICLE!

Starting in 2014, the Patient Protection and Affordable Care Act (ACA) requires the establishment of state-based American Health Benefit Exchanges for individuals and Small Business Health Options Program (SHOP) Exchanges for small employers. The general purpose of these Exchanges is to provide a single resource in each state for consumers and small businesses to compare health plans.

The ACA mandates that most individuals maintain minimum health insurance coverage, beginning in 2014 and thereafter (exceptions apply). Failure to comply with this requirement potentially results in a tax penalty (exceptions apply)… CLICK HERE TO READ FULL ARTICLE!

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Written by Bradford Pine
Bradford Pine Wealth Group – New York City Financial Advisors

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