Healthcare Reform: Calculating Your Cost
As healthcare laws and regulations continue to evolve, Basi Insurance Services, Inc. is committed to keeping you informed and prepared for changes that lie ahead. Are you unsure about the effects healthcare reforms may have on your bottom line? We would like to share two online calculators you can use to estimate how much it will cost you to purchase health insurance in 2014 and the amount of your financial assistance, as well as health insurance premiums and subsidies for people purchasing insurance on their own in new health insurance exchanges (or “Marketplaces”) created by the Affordable Care Act (ACA).
*Please remember that these third-party calculators provide estimates only. Please contact Basi Insurance Services, Inc. if you have specific questions or need more detail regarding healthcare reform and its effects on your coverage.
The Subsidy Calculator is based on the Affordable Care Act (ACA) as signed into law in 2010, and subsequent regulations issued by Health and Human Services (HHS) and the Internal Revenue Service (IRS).
This online calculator will help you estimate how much it will cost you to purchase health insurance in 2014 and the amount of your financial assistance. If you already have affordable insurance from your employer or a government program like Medicare or Medi-Cal, you will not be eligible for these cost-saving programs and the calculator will not apply to you.