Greywalls  ADVISORS, LLC



Important to know that the Affordable Care Act (Obamacare) changed all insurance plans to have a one-time per year Enrollment Period. If you want to change your plan outside of that Enrollment Period, there
must be a specific life event that qualifies you for a Special Enrollment Period.

At this time, the only reason to use (Federal Exchange) to sign up for an individual health policy is if you would qualify for a federal subsidy for your premium. If you do not qualify for a subsidy, you may get more choices of health plans, hospitals, and doctors if you use an insurance broker to enroll directly with an insurance company -- off the exchange.

(Individuals earning under about $46,000/yr.  and families of 4 earning under about $96,000/yr. could be eligible for premium subsidies.)

Tom Hackett
is Managing Principal of Greywalls Advisors, LLC. Tom started Greywalls Advisors because of the critical need he observed in his many client engagements to provide truly objective advice to clients, free of any conflicting influence. He has over 45 years of experience in the field of employee benefits, compensation, and human resource strategy with three of the largest insurance and consulting companies -- Aetna, Aon, and Mercer. He has conducted complex projects with both private and public sector employers of all sizes in various industries. Tom has worked with many of the Fortune 500 companies headquartered in Virginia as well as start-up companies, small businesses, trade associations, state and local governments, and private individuals. He has dealt with business change and re-organization; merger and acquisition; HR strategy and communication; cost management, program design/analytics; vendor selection and negotiation, and insurance procurement. Tom is a retired Naval Officer and received his BA degree from Duke University

, everything changed in 2014! The Affordable Care Act (Obamacare) dramatically changed the healthcare landscape for individuals, employers, and insurance carriers. The Act mandates 10 "essential benefits" that all health plans must include; it includes new taxes on insurers that will be passed on to consumers; and it eliminates pre-existing condition limitations and health status rating in health plans. All of these mandates will and have already dramatically increased the cost of health plans, have reduced access to hospitals and doctors as insurance companies try to keep plan premiums affordable, and have limited when consumers can enroll in plans or change benefits. More important, the Act has introduced for the first time government subsidies for private health insurance policies which will negatively impact our federal budget. As Obama continues to alter the Law as he sees fit, the future form of healthcare is unpredictable.
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