Video by Leading Health Website - Health Insurance Exchange (Published)
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If you've clicked on this video, then you probably have some questions about the new health care law called the Affordable Care Act, and how it will affect you and your family. Under the new law, everyone now has the ability to purchase health insurance. Even if you have a pre existing condition or have been denied coverage before, you will be eligible to get coverage. For the vast majority of Americans who receive health insurance from an employer or through a spouse, almost nothing changes. If your employer offers insurance, all you need to do is sign up during open enrollment and you're covered. One of the biggest changes is the requirement that everyone now needs to have or purchase health insurance. And if you choose not to buy coverage, the government will likely charge you a penalty. For those of you who don't have a job that offers health care benefits, you'll need to purchase coverage through one of the new healthcare insurance exchanges. If you live in California, New York or one of the other states that have their own exchanges, that's where you'll shop for coverage. If you don't live in one of those states, you'll need to use the federal exchange. So how did the exchanges work during the open enrollment period? You Onley need to fill out an application and wait to find out what you're eligible for. The application will require some important information, such as your household income. Depending on your income level, you may qualify for Medicaid, lower costs, insurance options or some form of assistance. Once your application is processed, you'll learn what plans or financial assistance options are available to you. With both federal and the state exchanges, you'll be able to shop for and compare plans that fit your budget. If you'd like to learn more about the Affordable Care Act or shopping for insurance, take a look at the health insurance information we have here a health line or click over to the official U. S government site at healthcare dot gov