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Reply to "Will the Affordable Care act relieve me of paying for my Nanny's Insurance?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]With affordabe care act now set to be the law of the land does it mean that the government will now pay for my nanny's health insurance?[/quote] No. The government only pays insurance for the elderly, the poor, and the disabled.[/quote] You mean only for people BELOW poverty - in VA, a family of three has to make less than like $35,000 approx. So then, i guess a family of 4 on $40,000 will have ot pay a $750+ penalty every year if they can't afford individual family plans at $800/month. This disgusts me. How does this law help poor people??????[/quote] States can increase Medicaid coverage from about 43% of the federal poverty guideline up to 133% of the FPG. Not sure if VA will do this. Maryland plans to. Each state must creat an exchange to sell health insurance to families who make less than 400% of FPG. Families will pay premiums based on a sliding scale. So family of four making up to $93,000 a year will be able to access lower-cost health insurance, and will not be denied because preexisting conditions like one kid has asthma, or the dad has had melanoma. Small businesses will get decent-sized tax credits to encourage their offering employer-based coverage to their employees. It's not perfect, by any means, but it will ease access to health coverage for many.[/quote]
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