I've been wondering that myself as I complete the training associated with being able to assist clients as the law is implemented.
My conclusion is that maybe it won't be - especially for some segments of the population. Even with the federal subsidy money, I've been wondering whether or not people with very limited incomes will be able to afford the portion of the health insurance premium that is left for them to pay once the subsidy is taken into account. Apparently, I'm not the only one.
This article from AlterNet takes a closer look:
Read the full article here.
Enrollment for new, ACA compliant plans is scheduled to begin on October 1 and will continue through 12/31/2013. This is an extended enrollment period, since the government realizes that there will be a lot of confusion in the marketplace about when they must enroll or make changes. After this year, the annual enrollment period for individuals and families under the age of 65 will be from October 15 - December 7 each year.
As new information becomes available, I'll be sure to communicate it.
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