This is a private website and is not endorsed by or affiliated with any local,
state or federal government agency or authority.
×

Health Insurance - The Time To Act Is Now

You feel wore down, not sure where to turn. You've lost your medical insurance. You don't know how you're going to pay for your prescriptions, let alone what would happen if you or someone in your family gets sick. Where do you turn? What do you do?

Medical insurance is a must in today's society. We use it on a regular basis, and no one wants to go without it. Now, you don't have to! The Health Insurance Marketplace (Obama Care) is a one stop shop for your medical insurance needs.

What is Obama Care?
Obama Care is the common term used for the health insurance, but the actual name is the Affordable Care Act. Due to the regulations passed with the Affordable Care Act, all individuals are now required to have basic health insurance that meets the minimum essential coverage. If you don't you must file for an exemption or pay a shared responsibility fee at the end of the year when you file your taxes. The requirement to have insurance is known as the individual mandate.

Healthcare.gov is the official marketplace for health insurance and is the only place you can get cost assistance. By using the marketplace you will find out if you qualify for cost assistance and out of pocket expenses. The cost assistance is based on your income. If you have an income between 100%-400% of the Federal Poverty Level you may qualify for cost assistance. In states where Medicaid has been extended individuals who make less than 138% of the FPL may qualify for Medicaid.

Individuals who have insurance available through their employer can still purchase health care at healthcare.gov but are not eligible for the cost assistance. Six out of 10 Americans can purchase health care at around $100 a month and Nine out of 10 individuals who apply receive some sort of cost assistance.

Obtaining insurance through healthcare.gov can only be done during the open enrollment period.

Click Here to Learn More About Your Health Insurance Options Now!

Open Enrollment
Most insurance companies offer an open enrollment period once a year. The marketplace exchange does the same thing. During open enrollment an individual can make changes to ether insurance, apply for cost assistance, and enroll in a new health insurance plan.

Open enrollment for 2016 is going on NOW. It began November 1st and will end January 31, 2016. If you do not enroll during this time and you get pregnant, get in a car accident, or become ill you will not be able to get insurance through the exchange until the next open enrollment period. In addition, you'll be liable for the penalty which in 2014 was $325 per person in the household.