Health Care Reform Terminology Part II

As you begin to prepare for 2014, you will need to be familiar with the following terminology…

Affordable Care Act (ACA)– The law intended to address issues with our health care system by increasing access to health insurance, introducing reform and improving quality  also referred to as the Patient Protection and Affordable Care Act (PPACA).

Health Insurance Marketplace– An online insurance marketplace where individuals can compare, shop for and buy qualified health insurance plans.  Also known as an “Exchange”.

Federal Poverty Level (FPL)– A measure of income level (by family size) that determines eligibility for premium tax credits.  For example, a family of four that makes less than $94,200 a year may be eligible for help.

For more information on health insurance coverage in North Carolina, please visit our website at www.nchealthplans.com or call our toll free number 888-765-5400 and speak with one of our professional agents. Our agency provides coverage for health insurance in North Carolina through Blue Cross Blue Shield of North Carolina (BCBSNC). You may qualify for a 15% healthy lifestyle discount if you are in excellent health. Call us for details.

The information in this article was taken from “Health Care Reform is Coming” from BCBSNC on April 2013.

This entry was posted on Wednesday, July 3rd, 2013 at 6:58 am and is filed under BCBSNC Insurance, Health Care Reform. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.