We know how important it is to understand what the Affordable Care Act offers. There are new benefits, rights and protections that affect you, your family and your business. For this reason, we want to provide a comprehensive guide that will assist you in further understanding what the bill offers, so you can make well-informed decisions.
ObamaCare helps consumers obtain health insurance by offering new coverage options, helping those who can’t afford it and putting in place strong protections.
New reforms include:
- Young adults can stay on their plans until 26.
- Insurance companies cannot drop you when you are sick.
- There can be no gender discrimination in costs.
- Insurance companies must cover people with pre-existing conditions.
- There are no annual or lifetime dollar limits.
- And more…
The official ObamaCare enrollment period ended on March 31, 2014. Important Notice: Its urgent, to avoid future fines and penalties, to sign up for health insurance under the Affordable Health Care Act.
Oklahoma Individuals & Families: Find out the most cost efficient healthcare insurance for you.
You have access to these benefits through the Health Insurance Marketplace, which offers federally regulated and subsidized health insurance.
The Marketplace can help if you don’t have coverage now or if you have it but want to look at other options. For the state of Oklahoma, you can visit HealthCare.gov to access yours!
The Marketplace or Exchange gives consumers the opportunity to compare prices and plans before applying. When you follow the application process, you can also learn if you can get lower costs based on your income while comparing your coverage options side-by-side. Thanks to this system, you can choose the combination of price and benefits that fits your budget and meets your needs. Enrolling through the Exchange is easy and fast.
If you have any questions or concerns, take advantage of this free ObamaCare Guide.
ObamaCare has already produced major changes in the state of Oklahoma.
- Thanks to the Affordable Care Act, 80% of Oklahomans who have insurance have more choices and stronger coverage than ever before and 20% have options.
- In Oklahoma 646,527 (20%) are uninsured and eligible 369,282 (57%) are White, 63,580 (10%) are African American, 68,717 (11%) are Latino/Hispanic and 7,697 (1%) are Asian American or Pacific Islander.
- Oklahoma has received $1,000,000 in grants for research, planning, information technology development, and implementation of its Health Insurance Marketplace.
- Under the health care law, if your plan covers children, you can now add or keep your children on your health insurance policy until they turn 26 years old. This includes 49,000 young adults in Oklahoma.
- As many as 1,578,794 non-elderly Oklahomans have some type of pre-existing health condition, including 218,356 children.
- Health insurance companies now have to spend at least 80 cents of your premium dollar on health care or improvements to care, or provide you a refund. This means that 273,694 Oklahoma residents with private insurance coverage will benefit from $16,014,997 in refunds from insurance companies this year, for an average refund of $92 per family covered by a policy.
- In every State and for the first time under Federal law, insurance companies are required to publicly justify their actions if they want to raise rates by 10 percent or more.
- Already, 1,197,000 people in Oklahoma, including 450,000 women and 317,000 children, are free from worrying about lifetime limits on coverage.
- In 2011 and 2012, 71 million Americans with private health insurance gained preventive service coverage with no cost-sharing, including 811,000 in Oklahoma.
- Approximately 47 million women, including 555,857 in Oklahoma now have guaranteed access to additional preventive services without cost-sharing.