Massachusetts ObamaCare Plan
Massachusetts near universal health program was the model for the national Affordable Care Act plan, known by many as ObamaCare. The Obama Administration decided to follow former Republican Governor Mitt Romney’s health program because Massachusetts has the lowest uninsured rate in the country.
Difference Between the Old Mass Plan and New ACA Plan
The main difference between the new plan and the old Massachusetts plan is the new ACA metal plans known as Affordable Care Act plans: Bronze, Silver, Gold, and Platinum include subsidies from 100% to 400% of the federal poverty line whereas the previous plans (also called metal plans) only included subsidies up to 300% of the poverty line.
What Subsidies are Available for MA Residents
There are two types of subsidies of available:
- Premium Subsidies: To help with monthly policy costs
- Cost-Sharing Subsidies: To help with deductibles, coinsurance, and copays
Other Options for MA Residents Besides Exchange
Many people don’t realize that there are off-Exchange plans available. These plans may offer less expensive premiums and allow for more benefits and options.
Agents as well as state navigators are able to help Americans purchase Exchange plans, but only agents can compare Exchange and off-Exchange plans. To learn more call 800-930-7956 or contact Medicoverage.
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