Key Terms: ACA
There’s 3 main terms we need to understand when determining where a client falls under.
First is Medicaid – Medicaid was designed to provide insurance for people, that are below the age of 65 and fall below the Federal Poverty Level. The Federal Poverty Level is used to determine a persons eligibility for certain programs, and government savings.
The Federal Poverty Level varies from state to state, but is typically around 10-15,000$. So in short, in order for someone to qualify for ACA Insurance, they will need to make above the Federal Poverty Level. We will touch on this in later videos.
The next term is Medicare. Medicare is simply federal insurance for people that are 65 years of age, or older.
Our target age for ACA’s is between 20-60. So if you receive a lead in the future for someone older than that – we will want to get that lead over to our Medicare Department.
In Summary – someone that qualifies for ACA is simply under the age of 65, and makes just above the federal poverty level.