Obama Care - ACA

The Affordable Care Act (ACA), formally known as the Patient Protection and Affordable Care Act, and colloquially known as Obamacare, is a landmark U.S. federal statute enacted by the 111th United States Congress and signed into law by President Barack Obama on March 23, 2010. Together with the Health Care and Education Reconciliation Act of 2010 amendment, it represents the U.S. healthcare system's most significant regulatory overhaul and expansion of coverage since the enactment of Medicare and Medicaid in 1965.

Vibrant Risk Management Services has significant experience in the delivery of Health Coverage Plans from Obama Care - Federal Marketplace Exchange. We are appointed will all major health insurance carriers operating under federal marketplace exchange such as Blue Cross and Blue Shield, Ambetter from Superior HealthPlan, Molina HealthCare, United HealthCare, Friday Health Plans, Oscar Insurance Company and Scott and White Health Plan. Obama Care Plans are specifically designed for low-income households and individuals and are subject to Premium Tax Credit subsidy based on the expected income of the individuals or households.

Who is eligible for Obama Care?

To be eligible to enroll in health coverage through the Marketplace, you:

  • Must live in the United States.

  • Must be a U.S. citizen or national (or be lawfully present)

  • Can't be incarcerated


If you have Medicare coverage, you’re not eligible to use the Marketplace to buy a health or dental plan.

Health Plans to Fit very Budget


When you enroll, the Marketplace will determine if you are eligible for advance payments of the premium tax credit, also called advance credit payments or APTC. Advance credit payments are amounts paid to your insurance company on your behalf to lower the out-of-pocket cost for your health insurance premiums.


Income between 100% and 400% FPL: If your income is in this range, in all states you qualify for premium tax credits that lower your monthly premium for a Marketplace health insurance plan.


The premium tax credit – also known as PTC – is a refundable credit that helps eligible individuals and families cover the premiums for their health insurance purchased through the Health Insurance Marketplace. To get this credit, you must meet certain requirements and file a tax return with Form 8962, Premium Tax Credit (PTC).