{"id":4023,"date":"2013-07-01T06:42:36","date_gmt":"2013-07-01T11:42:36","guid":{"rendered":"http:\/\/www.nchealthplans.com\/news\/?p=4023"},"modified":"2013-07-01T08:17:06","modified_gmt":"2013-07-01T13:17:06","slug":"health-care-reform-terminology-part-ii","status":"publish","type":"post","link":"https:\/\/www.nchealthplans.com\/news\/2013\/07\/health-care-reform-terminology-part-ii\/","title":{"rendered":"Health Care Reform Terminology Part I"},"content":{"rendered":"<p><a href=\"https:\/\/www.nchealthplans.com\/news\/wp-content\/uploads\/2013\/06\/bigstock-Questions-And-Answers-Signpost-4006719.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-4033\" title=\"Questions and Answers signpost\" src=\"https:\/\/www.nchealthplans.com\/news\/wp-content\/uploads\/2013\/06\/bigstock-Questions-And-Answers-Signpost-4006719-300x199.jpg\" alt=\"\" width=\"300\" height=\"199\" srcset=\"https:\/\/www.nchealthplans.com\/news\/wp-content\/uploads\/2013\/06\/bigstock-Questions-And-Answers-Signpost-4006719-300x199.jpg 300w, https:\/\/www.nchealthplans.com\/news\/wp-content\/uploads\/2013\/06\/bigstock-Questions-And-Answers-Signpost-4006719.jpg 900w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \><\/a><em><strong>Terminology that you will need to understand as you begin to prepare for the Affordable Care Act.<\/strong><\/em><\/p>\n<p><em><span style=\"text-decoration: underline;\">Premium Tax Credits-<\/span><\/em> These will be made available to low and middle income Americans and applied to <a href=\"http:\/\/WWW.nchealthplans.com\" target=\"_blank\">health insurance<\/a> premiums.\u00a0 Cost Sharing Reductions will limit a plan&#8217;s maximum out-of-pocket costs.<\/p>\n<p><span style=\"text-decoration: underline;\"><em>Grandfathered- <\/em><\/span>Refers to <a href=\"http:\/\/www.nchealthplans.com\" target=\"_blank\">health insurance plans<\/a> that were in\u00a0 effect prior to March 23, 2010 and that have not undergone specific changes.\u00a0 The ACA allows grandfathered plans to be exempt from some ACA requirements.<\/p>\n<p><em><span style=\"text-decoration: underline;\">Health Care Reform (HCR)-<\/span><\/em> The changes that will occur on January 1, 2014 as a result of the comprehensive <a href=\"http:\/\/www.nchealthplans.com\" target=\"_blank\">health care reform<\/a> law known as the AFFORDABLE CARE ACT.<\/p>\n<p>For more information on <a href=\"http:\/\/www.nchealthplans.com\/\" target=\"_blank\">health insurance coverage in North Carolina<\/a>, please visit our website at <a href=\"http:\/\/www.nchealthplans.com\/\">www.nchealthplans.com<\/a> or call our toll free number 888-765-5400 and speak with one of our        professional agents. Our agency provides coverage for health  insurance       in North Carolina through <a href=\"http:\/\/www.nchealthplans.com\/\" target=\"_blank\">Blue Cross Blue Shield of North Carolina (BCBSNC). <\/a>You may qualify for a 15% healthy lifestyle discount if you are in excellent health. Call us for details.<\/p>\n<p>The information in this article was taken from &#8220;Health Care Reform is Coming&#8221; from BCBSNC on April 2013.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Terminology that you will need to understand as you begin to prepare for the Affordable Care Act. Premium Tax Credits- These will be made available to low and middle income Americans and applied to health insurance premiums.\u00a0 Cost Sharing Reductions will limit a plan&#8217;s maximum out-of-pocket costs. Grandfathered- Refers to health insurance plans that were [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,271],"tags":[525,538,820,537],"class_list":["post-4023","post","type-post","status-publish","format-standard","hentry","category-bcbsnc-insurance","category-health-care-reform","tag-affordable-care-act","tag-grandfathered","tag-health-care-reform","tag-terminology"],"_links":{"self":[{"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/posts\/4023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/comments?post=4023"}],"version-history":[{"count":2,"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/posts\/4023\/revisions"}],"predecessor-version":[{"id":4049,"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/posts\/4023\/revisions\/4049"}],"wp:attachment":[{"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/media?parent=4023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/categories?post=4023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/tags?post=4023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}