Your source for the latest on Health care reform.

Tuesday, June 14, 2011

Question from current member today

"What is going on with healthcare reform? What's going to happen?"

Under the The Patient Protection and Affordable care act or ACA passed in March, 2010:

By 2014, you will be able to compare and buy insurance on a health insurance exchange. The exchange will offer a choice of approved insurance plans. It will also help you find the best plan for you and your family.

In 2014, a person with income below 400% of the federal poverty level (currently $43,560 for a single person) can get a subsidy to buy health insurance. The subsidy will be higher for those with lower income. If you are under 65 and make less than 133% of the FPL (currently $12,305 for a single person) you can get Medicaid in 2014.

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