Affordable Care, Health Reform, Obama Care.

There are a lot of questions out there surrounding the upcoming changes expected to take place in health care on October 1, 2013. But, the most important question you are probably asking yourself is what does it mean for your wallet? According to an update released September 25, 2013 by the Department of Health and Human Services the exchanges are expected to provide at least two insurers to choose from, even better six out of 10 people could pay less than $100 a month in premiums.

This report looked at insurance plans and premiums in 36 states where the federal government will either run or help run the exchanges. The exchanges are where state residents will be able to shop for and purchase health insurance beginning October 1, 2013.

You can access these state exchanges through the National Affinity Services Private Health Exchanges. Our Private Health Exchanges will provide members of associations and credit unions the ability to shop more insurers, select coverage and purchase. If you or your members qualify for a subsidy they will be able apply for the public subsidized choices in one portal directly through our site as our software as been approved the Department of Health and Human Services as a web based broker.

In those 36 states referenced above, 95% of people will have two or more plans to choose from, and the average premium for all states and all ages will be $328. It is important to remember that anyone who makes less than 400% of the federal poverty level, or about $94,000 for a family of four, will be eligible for a federal tax subsidy that will immediately be deducted from the cost of the insurance policy. And yes, the subsidies will be available here through our Private Health Insurance Exchange.