IHC Specialty Benefits Launches Health Care Reform Calculator to Help Determine Obamacare Tax Credits and Health Insurance Premiums

Healthedeals.com, marketed by IHC Specialty Benefits, a member of The IHC Group, announced the launch of a consumer-friendly health care reform calculator that provides Obamacare tax subsidy estimates for the Affordable Care Act, which goes into effect on January 1, 2014. When users enter their age, location and income, the calculator displays the amount individuals will have to pay for health insurance purchased on the Exchange in the coming year, their eligibility for premium subsidies, and what the tax penalty will be if they choose to opt-out of the government mandated law.
In 2014, 100 million Americans may discover the amount they pay or their employer pays, for health insurance, will go up dramatically.

“This is a time of confusion for most Americans who don’t understand the impact health care reform is going to have on their lives and their wallets. We want to educate the public on what the costs for health insurance will be in an easy to understand format, and provide solutions for individuals who are currently uninsured or might not be able to afford what is being offered on the health exchanges in 2014,” said Jeff Smedsrud, President and Chief Executive Officer of IHC Specialty Benefits.
Smedsrud’s suggestion to the uninsured or small business owners who provide insurance to their employees, is to investigate what premium subsidy they maybe eligible to receive in 2014 using the Obamacare calculator. If the annual estimated price for health insurance is more than what they can afford or want to pay, Smedsrud recommends shopping for temporary health insurance that can provide affordable coverage for the next 364 days.
“In 2014, everyone will be able to purchase health insurance coverage, without regard to health status–for a price. Instead of waiting to see what will happen, why not get your insurance game plan together today? Lower your health insurance costs by locking in your savings for the next year, guaranteed.” He added that low cost health insurance is also available for those looking for lump sum cash benefits for critical illness or similar type benefits like fixed indemnity coverage for doctor and hospital visits.
Healthedeals.com offers a unique comparison shopping experience, allowing visitors the opportunity to review the plan and price differences. Insurance offerings on the site include individual health insurance, temporary health insurance, indemnity plans, such as doctor, hospital, surgical and critical illness insurance. Dental insurance, bundled accident insurance plans and pet insurance are also available.
About healthedeals.com and IHC Specialty Benefits
Healthedeals.com is a website offered by IHC Specialty Benefits, Inc., a member of The IHC Group, with $1.2 billion in assets as of January 2013. The IHC Group is comprised of insurance carriers, and marketing and administrative affiliates committed to providing excellent service and offering competitive health, life, disability, stop-loss, short-term medical, travel and dental insurance products to groups and individuals. IHC Specialty Benefits is a customer-driven company differentiating itself through knowledge, experience and integrity. We, in conjunction with our trusted insurance carriers, share a mutual desire to provide important benefits to our customers and to meet their needs in an innovative, hassle-free manner.