One way the ACA reforms health insurance is by mandating that all insurance policies offer a basic level of “essential health benefits” such as:
- Ambulance services
- Emergency room and hospital stays
- Newborn and maternity health care
- Substance-use disorder services
- Mental health services (plus behavioral health treatments)
- Preventative and rehabilitative healthcare services
- Wellness programs
- Laboratory services
- Pediatric health care (plus dental and vision coverage).
Health plans that do not meet these minimum requirements will subject you to the federal government’s tax penalty for not having “ACA-compliant” health insurance.
Certainly, the ACA has good intentions, but in reality, much confusion and conflicting information still surrounds the law. Knowledgeable insurance advisors understand ACA well. These frequently asked questions will lay the foundation for a constructive conversation. Contact us today to find a health insurance option that is right for you and your loved ones.