Major Medical Health Insurance Plan Options
Major medical health insurance plans are a type of medical insurance plan that meets all of the minimum essential benefit standards of the Affordable Care Act (commonly referred to as the ACA or “Obamacare”) while providing benefits for a broader range of outpatient and inpatient health-care services and procedures.
It is important to understand that not all major medical health insurance plans can be purchased with a premium tax credit. However, your enrollment in a major medical health insurance plan does protect you from the potential tax penalties for being uninsured according to the individual mandate.