How to Avoid Falling Into the Gaps Left by the Affordable Care Act

Long term care insurance

Thanks to the Affordable Care Act, the American public has more widespread access to healthcare services and providers; yet there are still a few crucial flaws in the system. The Affordable Care Act means that Americans without health insurance must pay the greater between $325 per person or 2% of an individual’s yearly household income. Furthermore, the Affordable Care Act does not provide dental coverage to recipients, meaning that someone without dental insurance would have to spend $200 a year on basic dental care — vision care too is not considered essential under the Affordable Care Act. So although many people can benefit from the Affordable Care Act, it is clear that there are gaps in the system that people cannot afford to leave unchecked.

Employee Benefits

One of the surest ways to find health care coverage is through an employer. There are currently two in five Americans under the age of 65 who receive employer-based health insurance coverage. New reforms going into effect on January 1, 2016 will mean that companies with more than 50 employees will be required to provide up to 95% of their employees with health insurance. Despite this, the exact nature of the coverage provided by companies will vary, but the medical insurance provided is sure to help many of those families in need without coverage.

Finding Individual Insurance From an Insurance Consulting Service

If you find yourself in a situation where you will have to purchase individual insurance, there are many health insurance brokers and agencies dedicated to finding an insurance plan that is right for you. Many agencies organize their plans into four categories that increase in price and coverage: bronze, silver, gold, and platinum. Life insurance and family plans are also available. Insurance is one of those things you don’t want until you need it: make sure you’re never without it.

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