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2703 Telecom Pkwy Suite 140A,
Richardson , TX 75082
Health insurance
Affordable Care Act-Obamacare
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.
Alliance Risk Management Group 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:
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Must live in the United States.
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Must be a U.S. citizen or national (or be lawfully present)
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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).
Group Health Insurance
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INSURE YOUR TEAM
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ENSURE YOUR SMALL BUSINESS
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AVAILABLE
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AFFORDABLE.
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ATTAINABLE
Business Health Insurance Plans Designed To Fit Any Size Small Business and Budget.
Now it is more convenient than ever to purchase health insurance coverage for your employees.
Health insurance is a critical factor for small businesses to help retain and recruit employees and sustain productivity and satisfaction. Alliance Risk Management Group offers a range of group health insurance options designed to help your small business save money and support your employees’ health and well-being.
Group insurance is an insurance that covers a group of people, for example the members of a society or professional association, or the employees of a particular employer for the purpose of taking insurance. Group coverage can help reduce the problem of adverse selection by creating a pool of people eligible to purchase insurance who belong to the group for reasons other than the wish to buy insurance. Grouping individuals together allows insurance companies to give lower rates to companies, "Providing large volume of business to insurance companies gives us greater bargaining power for clients, resulting in cheaper group rates.
Group insurance may offer life insurance, health insurance, and/or some other types of personal insurance.
Thus we can infer the following characteristics of group life insurance, which also apply to other group insurances:
There must be a group of people to be insured who have something in common other than the purpose of obtaining insurance.
There is often a master policy holder who will retain the documentation on behalf of the members, and may deal with the members on behalf of the insurer.
Group rates are cheaper than individual rates, as administration and expected claims costs are lower.
Talk to our insurance experts
At The Vibrant Risk Management our team of licensed insurance experts are here to answer all your questions about insurance. We've helped tens of thousands of people find the right coverage.
testimonials
What our happy customers are talking about our insurance company
Sarah Wiles
The folks at Alliance Risk Management Group always given us the information and choices we've needed. They are polite and helpful which is important as the health insurance landscape has changed frequently in the past few years. They've often called to ask if everything is clear and as we expected. Patiently, they've explained new forms and saved us a lot of time by contacting the insurance companies for us. I highly recommend their services.
Rochester H
I was referred to Alliance Risk Management Group at Action Insurance by a friend. My past experience with other agents seemed like they didn’t know the answers. Alliance Risk was completely different. They were receptive to meetings, knowledgeable. I am an engineer, so I want the details and a full understanding of all options. Alliance Risk was perfect for the job. I have referred many people to them since, and all have had good things to say.
Ann Arbor
3 years ago, Arsalan helped my law firm obtain health insurance coverage and got us through the start up of our business. He went the extra mile on a tight time table to get the coverage in place and to make sure we picked the right plan for our business. I’ve since recommended ARMG to my parents for Auto/Home insurance planning to make sure they choose the right Coverage. Arslan expertise is only exceeded by his engaging personality , he is a great asset to anybody looking for the right health or personal in surance at the right price.
Sarika Sherma
I just wish to express my complete satisfaction in bringing my homeowners, and auto insurance policies to the Alliance Risk Management Insurance Agency. Their extensive research into finding our family the perfect policies saved me tons of time and worry. I now know that all of my assets are covered and that if I should ever have any questions, Michael will always be there. Thank you, Michael, for making my insurance buying experience a stress-free one.
Syed Rizvi
Finally! I found an insurance agent who is prompt, knowledgeable, efficient, and friendly, always finding us the best Auto insurance deals. Arslan of Alliance Risk insurance Agency saved us hundreds of dollars! I look forward to a long relationship with him at Alliance Risk Group Agency. Thanks for everything, Arslan!
