THE SOURCE/WDIA: MEDICAL INSURANCE IN 2014
Many dentists and their staff are unsure how healthcare reform will affect their existing group or individual medical coverage while others are unsure how to get health insurance if they currently have none.
Washington Dentists’ Insurance Agency (WDIA) is ready to help answer your questions about what to expect with healthcare reform and help you obtain medical insurance for you, your family and your staff.
As of January 1, 2014 all Americans will be required to have medical insurance. DO NOT WAIT: apply for coverage in October for a January 1 start date.
• As a small business owner, you are not required to offer group medical coverage to employees.
• If applying for individual medical insurance, you must enroll during the open enrollment period from October 1, 2013 - March 31, 2014.
• Each state is creating an “Exchange” as a marketplace, where small groups and individuals can purchase medical insurance. You can purchase medical insurance either on or off the Exchange.
• WDIA can help you purchase medical insurance on and off the Exchange.
If you currently have a group medical plan for your office, your current plan and benefits will remain the same until your 2014 renewal. At that renewal, your current plan will no longer be available and your carrier will have new plan options available with which to renew. You can also look at plans available from other carriers both on and off the Exchange (at this time, Kaiser Permanente is the only small group carrier offering plans on the Exchange).
If you currently have an individual medical plan, your current plan and benefits will no longer be available as of January 1, 2014 (unless you have a grandfathered plan). Your carrier will have new plans available onto which they will transfer you. You can also look at plans available from other carriers on and off the exchange.
If you would like to start a group medical plan for your office, you can purchase a plan on or off the Exchange at any time (at this time, Kaiser Permanente is the only small group carrier offering plans on the Exchange). Please contact WDIA and we will help you obtain group medical quotes.
If you need to purchase individual medical coverage, you must sign up during the open enrollment period beginning in October for a January 1, 2014 start date. You may purchase coverage on or off the Exchange. Tax credit and subsidies may be available if you meet eligibility and if you purchase on the exchange.
Please contact WDIA at 800-282-9342 or firstname.lastname@example.org for assistance in applying for group or individual medical coverage and for more information on what to except with healthcare reform.