Lets say the benchmark health plan on Tom's health insurance exchange costs $3,900 per year or $325 per month. Use this equation to figure out the subsidy amount: Cost of the benchmark plan - expected contribution = amount of the subsidy. $3,900 - $340 = $3,560. Tom's premium tax credit subsidy will be $3,560 per year or $296.67 per month. Summary Prior to the Affordable Care Act (ACA), states could only cover childless adults and receive federal Medicaid funds by obtaining a Section 1115 waiver which allowed states to operate Inevery state, individual/family health insurance is guaranteed-issue for all applicants during open enrollment and special enrollment periods — and moving to a new state will trigger a special enrollment period as long as you already had coverage before your move. The price is the same regardless of whether you have pre-existing conditions. Obamacare explained in terms you can understand. Dec. 23, 2013 -- Turns out a wonky website and warp-speed policy changes are the least of Obamacare's problems. A big reason Americans have Obamacaredrew the same line at 50 employees. Clinton's 2008 proposal also established a "comprehensive minimum benefit threshold" similar to Obamacare's essential benefits, a costly list of mandated services that health plans must cover, which would have disqualified many health savings accounts. ThePatient Protection and Affordable Care Act, also known as the Affordable Care Act (ACA) or Obamacare, was passed on March 21, 2010, and signed into law by President Barack Obama on March 23, 2010. The law required most individuals to obtain health insurance and required most employers to offer it. It provided tax credits and cost-sharing subsidies for individuals to purchase insurance in cLUBZ.

is obamacare and aca the same thing