There's a lot of talk about the Affordable Care Act and all the health insurance changes that come with it. What does the new health care law really mean for you?
Key Features
Coverage will be guaranteed and required. You will be able to get health insurance coverage, even with a pre-existing condition. What's more, you won't have to pay more to have pre-existing medical conditions covered. Most Americans will be required to have health insurance coverage or pay a penalty.
You may qualify for cost assistance. Based on your income, you may now be able to get help paying for health insurance coverage. Premium tax credits and help with cost-sharing are available to those who qualify.
The Health Insurance Marketplace will offer a new way to shop. You will be able to compare plan prices and benefits from a number of health insurance companies offering coverage on the marketplace. However, you will still be able to buy directly from an insurance company or broker if you'd like. It's your choice.