WLM WLM Summer 2015 - Page 35

WLM | health The ACA provides health subsidies to those with incomes from 300% to 400% of the federal poverty level (approx. $46,000 for an individual). In fact, 21,092 individuals signed up for coverage in 2015, of those, more than 90% are receiving subsidies, with the majority previously uninsured and in need of a health plan. Wyoming was second in the nation for increased enrollment in 2015, surpassed only by Oklahoma. 4. Rewards quality, not quantity of care. The ACA supports goals to increase the quality and efficiency of care received, not quantity. no one can be denied health insurance or experience a rate increase because of a preexisting medical condition. 7. Requires health insurers to spend 80 to 85 percent of customers’ premiums on actual care. This means overcharges of premium are returned to consumers and employers in the form of a rebate. The journey for this Wyominggrown health plan has only begun. At its core, the company will always work to serve the healthcare needs of this state where we all live, work, and play. While the company has expanded into the individual exchange, the commitment to the core business of small and large groups remains. In fact, the company has seen the addition of a significant number of small groups since the first of the year. The recent growth only allows the company to give back even more. WINhealth believes in supporting local, contributing to the communities in which it serves, expanding services and opportunities for its members, and giving back as much as possible to the state of Wyoming. W L M 5. Provides tax credits to small businesses and increased coverage for employees. The ACA establishes tax credits for small businesses to make it more affordable to cover their employees. 6. Bars denials or increased rates based on pre-existing conditions. Beginning in 2014, www.wyolifestyle.com 35