Medical Insurance: Affordable Care Act

General

• Health insurance and tax filing information

  Here are a few common tax questions related to your health insurance costs. 

• WA & ID health exchanges both closed, options still available for coverage

  Options still available to area residents in ID & WA outside of exchange period.

• Beware of scam alert for enrollment

  The Idaho Department of Insurance is alerting Idaho residents about a possible scam by a company using deceptive practices to market health insurance in Idaho. 

• Finding Health Insurance When Open Enrollment Is Closed

  Get free help to find out if you qualify for health insurance because of "Qualifying Life Event".

• What is the difference between Agents, Brokers and Enrollment Counselors?
• ACA Health Exchange - Who Needs A Quotation?

Updates

• 2019 - Idaho health rates proposed

  The Idaho Department of Insurance (DOI) has posted proposed health insurance premium rates and the requested increases for plans sold starting January 2019.

• 2018 - Idaho individual medical premiums increase

  Individual medical plan premiums through Your Health Idaho, the Idaho exchange, went up in 2018.

• 2018 - Idaho Small Group Medical Premiums Released

  The Idaho Department of Insurance has released the final 2018 premium rates for all small group health plans. 

• 2018 - ACA premium tax credits require 2017 tax filing

  The Idaho and Washington health exchanges are reminding area residents who have not yet filed a federal tax return to do so by the Tax Day deadline or risk losing access to future tax credits.

• 2018 - Enrollments up in area state health exchanges
• 2018 - Shorter enrollment period

  Individuals, small employers,  employees, dependents, college students – anyone who relies on individual medical insurance coverage – must apply during open enrollment unless they are renewing existing coverage at a different time. 

• 2018 - ACA Premium Subsidies Continue

  American Insurance is following the latest developments regarding the Affordable Care Act.

• 2017 - Health exchange enrollment up in all areas
• 2017 - Big medical rate increases ahead
• 2015 - Student Health Insurance Programs canceled

  Many regional schools canceled their Student Health Insurance Program (or SHIP) in 2015.

• 2015 - ACA Exchange subsidies secured

  This means if you purchased an individual health plan through a Federal Exchange and received a tax credit subsidy you will still be able to receive this financial assistance to help pay for health insurance costs. 

• 2015 - Preventative care benefits expanded

  Regence BlueShield of Idaho announced additional new preventative care benefits are now included on all ACA compliant group insurance policies. 

• 2016 - ACA Penalty Tax doubles

  The ACA individual mandate tax penalty for no health coverage was much larger for 2016. 

• 2015 - 11.7M Enrolled In 2015 ACA Health Insurance
• 2015 - Uninsured first faced ACA penalty tax

  For the first time, American tax filers faced the ACA individual mandate penalty in 2015 for the 2014 tax period. 

Small Employers

• Helping businesses find health coverage for employees

  Local agents with AMERICAN INSURANCE in Lewiston can help area business owners find qualified individual health insurance coverage for your employees, their spouses and dependents to meet health care mandates.

• Grandmothered plans ended in 2017

  "Grandmothered” small group medical plans are no longer in effect.

Large Employers

• Reporting Requirements

  The Affordable Care Act (ACA) added two new employer reporting requirements to the Internal Revenue Code (Code) for 2015.

• Pay or Play Guide

  Everything you need to know to determine your ACA Employer status and requirements.

• An overview of Forms 1095-C and 1094-C