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Obamacare Terminology: What Does It All Mean?

From the Show: Health Radio
Summary: There has been a lot of media coverage about Obamacare co-ops closing. What are co-ops? Why have so many of them shut down?
Air Date: 12/7/15
Duration: 10
Host: Melanie Cole, MS
Guest Bio: Marianne Eterno, President of Government Relations for GTL
Marianne EternoMarianne Eterno began her insurance career in 1987 at the former Golden Rule Insurance Company in Indianapolis, Indiana, and moved to Chicago in 1992, when she accepted a position with Celtic Insurance Company.

Marianne came to Guarantee Trust Life Insurance Company (GTL) in 1996, as a compliance and government relations consultant, and formally joined the company in 1997. As Assistant Vice President of Government Relations, she represents GTL in both the state and federal arenas, drives coalition development for the company, and serves as the company's media and public relations spokesperson.

In addition to sitting on committees for every major insurance trade association, Marianne serves on the Board of Directors of RetireSafe, a 400,000 member grassroots advocacy organization for senior citizens and as the Executive Director for the Council for Affordable Health Insurance.
Obamacare Terminology: What Does It All Mean?
You might have been hearing all the discussions surrounding Obamacare, especially these past few months since open enrollment for 2016 opened.

Since it took effect in 2010, the health reform law, otherwise known as the Affordable Care Act or ACA, has made important changes to the way health care coverage works for children and families.

However, if you're someone who's in need of health insurance, you might have noticed the terminology is a little confusing.

Listen in as Marianne Eterno, President of Government Relations at GTL, shares Obamacare terminology you should know.