We know there has been a tremendous
amount of confusion surrounding the
new national health care laws or
“Obama Care” for all Americans.
We are committed to being the
organization that will help you
understand more on this topic and
provide you much needed answers.
We set out to offer the easiest ways to
understand the new laws and provide the
most comprehensive explanations to the
new health laws.
We have compiled a few answers to the
most commonly asked questions in this
first short presentation.
What is an exchange or marketplace?
A public or private exchange is a
marketplace to shop for coverage that is
best suited for you. It offers many choices
of plans for health insurance coverage
from multiple insurance carriers
approved to provide policies in your
Do I have to get health insurance?
Yes, It will be mandatory for Americans to
have health insurance coverage
beginning in 2014.
Fines will begin later in 2014 for those
who do not purchase a qualified health
Insurance plan (Q.H.I.P.).
How will I order it and learn more?
Marketplaces and exchanges will be
online or available through a toll free
number. When you log-in or call a Public
Exchange you may spend an hour or more
to open multiple windows to determine if
you may qualify for a subsidy and secure
your personal information.
Our Private Exchange has highly trained
expert insurance agents staffing one of
the largest Insurance Marketplaces in
the United States.
The401Kman’s benefits line experts
are available to answer your questions
and provide multiple solutions and
quotes quickly and securely.
Can I order a dental or vision plan?
Yes, voluntary benefits plans are also
available on The401Kman benefits line
toll free at 888-389-4598
We offer Private Marketplace shopping
with all types of insurance plans,
Health, Major Medical, Metallic, and
Voluntary benefits plans.
How do I find out if I qualify for a subsidy?
Calling our benefits experts can help you
with answering your questions.
We can determine your eligibility through
asking you a few simple questions.
We also have a health insurance subsidy
calculator on our site to help you
calculate your eligibility as well.
What are the Metallic Coverage plans?
Metallic plans differentiate the levels
of co-pay or deductible amounts.
Bronze, Silver, Gold and Platinum
Are all different metallic plans with
different deductibles and co-pays.
40% Deductible (out of pocket)
30% Deductible (out of pocket)
20% Deductible (out of pocket)
10% Deductible (out of pocket)
Catastrophic plans are available to those
under age 30 if they have to go the hospital,
but no subsidies are available. A voluntary plan
may help to pay the deductible*.
*Some restrictions apply consult your insurance agent
How can I save some money on these plans?
Believe it or not by having more than one
policy nowadays it could be more
Your Metallic plan will cover your major
medical policy expenses and a voluntary
hospital or indemnity policy could cover the
deductible and some other expenses.
* These policies vary greatly in coverage consult a licensed agent for information.
How are two policies cheaper than one?
A high deductible with a major medical
plan (Metallic Plan) lowers your monthly
premium or payment cost.
The Voluntary plan will cover the
deductible or co-pay of the metallic plan
or possibly it could pay you cash back*.
*Voluntary Plan coverage varies greatly, consult a insurance agent for details.
Just like “Super Sizing” can save money
on your favorite take out menu bundling
and grouping things may also offer
savings or a better value.
You may save more by grouping or
bundling certain types of insurance.
Health + Voluntary.
Super Size my insurance like a value Meal?
A Public Exchange or Private which is better?
Both are alike for Major Medical
Insurance but not for Voluntary Insurance.
A Public Exchange has a few key
differences from a Private Exchange.
The biggest is the lack of Voluntary
Insurance plans, Dental, Vision, Cancer,
Hospital, Cash Back.
The Federal law prohibits Voluntary Insurance
from being sold on the public exchanges
simply because they vary so greatly.
A Private Exchange or marketplace will offer
the widest choices for individuals through
many different insurance companies which
may have the better selection of choices.
Is that all one simply offers more choices?
What if I have an existing condition?
It no longer matters if you have a pre-
existing condition the new Affordable
Care Act states that you cannot be
refused or pay more if you already have
an existing condition or been refused in
the past for that reason or are taking
certain types of medication.
Was this Helpful for you?
I have tried to cover the most commonly
asked questions here, and I know we just
scratched the surface.
Please go to our websites to use our
subsidy calculators and download your
A Discount Pharmacy Prescription Card
You can always call your insurance
concierge at our toll free number
888-389-4598 to speak to our expert
specialists who are licensed
Call now to receive your multiple quotes
and find out your best choices.
Employers and not for profit organizations can reach
our group services division toll free at 877-775-0812
or simply find us online at www. The401Kman.com
We have many special programs and incentives for your
business or organization.
All information that has been presented here is subject to
change, educational in nature and not to be used for advice
without the proper consultation of licensed insurance agents and
certified professionals. We are not responsible for alterations,
changes or errors in the information or liable for damages from
or through the use of this informational presentation.