Advertisement

When will healthcare reform bring health insurance to more people?

Joane Goodroe
Nursing

The Affordable Care Act requires that people have health insurance coverage starting in 2014. There are two aspects to this law to consider:

  • Everyone who can afford coverage—unless an undocumented immigrant or exempted on religious grounds—is required to have health insurance or pay a penalty of $695 or 2.5 percent of income.
  • Beginning in 2015, if an employer has at least 50 employees, they must provide health insurance for those employees or pay a penalty.

Individuals, families, and businesses will be required to buy health insurance.

Continue Learning about Healthcare Reform

How to Pick a Plan in the Health Insurance Marketplace
How to Pick a Plan in the Health Insurance Marketplace
Since the Affordable Care Act’s (ACA) Health Insurance Marketplaces opened for business in 2013, many more people have been regularly shopping for ins...
Read More
Is there an advantage to buy my health insurance through an exchange?
Joane GoodroeJoane Goodroe
Yes, there is an important reason to consider buying your health insurance through an exchange. If y...
More Answers
Can a group health plan deny me coverage based on my health status?
RealAgeRealAge
A group plan cannot deny you or any eligible family member coverage based on your health status, bec...
More Answers
Where Do You See Healthcare 10 Years From Now?
Where Do You See Healthcare 10 Years From Now?

Important: This content reflects information from various individuals and organizations and may offer alternative or opposing points of view. It should not be used for medical advice, diagnosis or treatment. As always, you should consult with your healthcare provider about your specific health needs.