How the Patient Protection and Affordable Care Act May Affect You


There are many new provisions in the Patient Protection and Affordable Care Act(PPACA) which may affect you. Following are the top 5 provisions which we thought you should definitely know about.


  1. Lifetime Limits – Starting in 2014 insurers may no longer limit how much care they will pay for. This prevents the insurers from dropping you from coverage if your care becomes too expensive.

  2. Pre-existing Conditions – Starting in 2014 health insurance companies can no longer refuse to insure someone due to a pre-existing condition. You will now be able to receive care for any illness regardless of when you contracted it. Before 2014 the Secretary of Health and Human Services will make a “high risk pool” insurance program to provide health insurance to people with current pre-existing conditions.

  3. Tax Mandate – If the cost health insurance is less than 8% of your income in your state and you choose not to purchase it you will have to pay an annual tax of $95 or up to 1% of your income, whichever is greater. By 2016 this will increase to $695 or 2.5% of your income. The payment will be a penalty on your tax return. No criminal charges will be presented to you.

  4. Tax Credits for Small Businesses – Any small business which emplyes less than 25 peole will be able to receive a tax credit worth up to 25% of the cost of the healthcare.

  5. Preventative Care – From now on all insurers must provide all preventative care at no additional cost (copays).


If you're looking for more information on the PPACA act, following is a link to the government's website which was setup to answer questions on the PPACA.

Healthcare website. 


If you have any questions on the health insurance provided to members of please feel free to contact our advisors at 201-567-2434,



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