The Affordable Care Act (ACA) may seem like old news since it has been rolling out since 2010. However, the health plans required by the individuals mandiate requires most American to have minimum essenstial health coverage by March 31, 2014 or they will incur a penalty on their 2015 taxes.

AFFORDABLE CARE ACT

— Under the ACA, states and/or the federal government are charged with creating health exchanges that allow individuals and small employers (under 50 employees) to choose between certified, ACn offering products in a total of 27 state and federal health exchanges.

SHOP HEALTH EXCHANGE*

INDIVIDUAL HEALTH EXCHANGE

LET”S GO SHOPPING

* SMALL BUSINESS HEALTH OPTIONS

GUARANTEED COVERAGE

NO COVERAGE LIMIT

REQUIRED BY LAW

ENFORCED BY IRC

INDIVIDUAL HEALTH EXCHANGE

SHOP HEALTHEXCHANGE

EMPLOYEES ARE COVERED

AFFORDABLE COVERAGE

MINIMUM VALUE

FEDERAL HEALTH EXCHANGE in 32 states that elected not to create their own health exchanges. the ffm includes seven “part-nership” exchanges that run on the same web portal – healthcare.gov

PRIVATE HEALTH EXCHANGE A Private healthcare exhange has almost nothing to do with the affordable care act, other than it must comply with the new market rules that the ACA established for all large group health policies, which dental is generally exempt from.