What You Need to Know About Health Care Reform
In Case You Didn't Know
Many changes took effect in 2014. You may have benefited if:
- You have not been able to afford health insurance.
- Your income has been a little too high to get Medicaid.
- You have young adult children who need insurance coverage.
- You have a chronic or serious health condition.
Fewer Limits on Your Coverage
With changes from health reform, health plans can no longer deny you coverage or say that your coverage has run out.
You can have a long-standing health problem and still get insurance. No matter how good or bad your health might be, health plans must let you buy insurance. Plus, having a health problem won’t increase how much you pay for your insurance.
You do not have to worry that your health coverage will run out. Your health plan cannot limit what it spends on your covered benefits each year or in your lifetime.
More Affordable Health Plans
Most people are now required by law to have health insurance. But don't panic. The government has set up ways to help you.
You may be able to buy less expensive insurance through a Marketplace, also called an Exchange. Every state offers a Marketplace to help you sort out your coverage options and select a plan. This may help if you don’t have insurance now or if you have trouble paying for it.
You can review your new insurance options through a Marketplace. You can use a Marketplace online, in person, or by phone. Marketplaces have people trained to answer your questions. There are also people in community-based organizations called assistors and navigators who can help you sign up for a health plan in person.
Find out more about the Marketplace in your state.
Financial Help to Buy Insurance
You may qualify for financial help to help reduce the cost or your insurance.
You may be able to get a tax credit to lower the cost of your insurance. Whether you qualify for a tax credit, which is also called a subsidy, will depend on your income and how many people are in your family.