Top Ten Things To Know About Health Care Reform

1. Insurance companies cannot charge you more whether you’re a boy or a girl.

2. Insurance companies cannot limit the annual or lifetime benefits you receive.  They cannot deny you coverage for pre-existing conditions.  Isn’t that great?!

3. Insurance companies cannot drop or limit your coverage because you choose to participate in certain clinical trials.

4. Insurance Exchanges/Marketplaces (that are specific to your state) will be open for enrollment for individuals to purchase health insurance from November 1st through January 31st.  You can only apply for individual health insurance outside of that time if you have what’s called a Qualifying Life Event.  What’s that, you say?  Click here to find out!

5. Tax credits (also called premium subsidies) make it easier for people to afford health insurance.  See if your yearly income qualifies you for a tax credit—click here!

6. Small business tax credits for qualified small businesses and small non-profit organizations will be available when health insurance is purchased through the insurance Exchange/Marketplace in your state and can do so at any time.  They aren’t restricted to the open enrollment periods.

7. Individuals who fall below the subsidy tax bracket will qualify for Medicaid (Medi-Cal in CA) and can enroll at any time.  Click here to find out more.

8. Everyone will be required to obtain basic health insurance coverage OR pay a tax penalty to help offset the costs of paying for people who don’t buy health insurance.  What will the penalty be?   Find out here.

9. Employees who can’t afford the coverage provided at work and who also meet certain requirements can use their employer’s money to buy health insurance in the Exchanges/Marketplace.

10. Got FAQs? Contact The Insurance Mom!

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