There are several ways the health care reform law helps make it easier to get health insurance.
- People who were previously denied insurance coverage due to a pre-existing condition may now qualify for coverage.
- Medicaid eligibility is expanded to include individuals and families with incomes up to 133% of the poverty level.
- Health insurance marketplaces (health exchanges) are being created in each state to provide a marketplace where individuals and small businesses can buy insurance (with a government subsidy if they are eligible).
- Small businesses that provide health insurance coverage to their employees may receive a tax credit.
A big change to how people get health insurance will occur in October 2013, when people can begin to purchase and enroll in health plans offered through the health insurance marketplaces, for benefits effective January 1, 2014. The federal and state governments are setting up marketplaces in the states to offer a choice of health plans, with common rules and information to help consumers better understand the options available to them.
To learn more about health care reform, go to healthcare.gov or uhc.com/reform.
This communication is not intended as legal or tax advice. Please contact a competent legal or tax professional for personal advice on eligibility, tax treatment and restrictions. Federal and state laws and regulations are subject to change.