What will Supreme Court Ruling mean for me?
Click on "Upheld", enter your insurance status, income, marital status, number in household, and get the result of how this will specifically affect you:
http://www.washingtonpost.com/wp-srv...means-for-you/
For example: if you are married, are insured through work, and make $75,000 a year, the ACA does the following to you:
Quote:
Your coverage:
Right now:Your insurer cannot set a lifetime limit on benefit payouts. Any annual limits will be phased out by 2014.
Your insurer cannot cancel your plan after you get sick based on a technicality, or discriminate against your children if they have a pre-existing condition.
You may also be entitled to coverage of preventive services without out-of-pocket charges.
If you are an adult under age 26, and one or both of your parents have a health plan, they may be able to put you on it. If you have adult children you can probably keep them on your plan until they are 26.
Starting in 2014:Insurers can’t discriminate against you for having a pre-existing condition, and can only vary rates within a narrow range.
If the plan offered by your employer doesn’t meet the law’s standards of affordability or comprehensiveness, you can buy a different plan through your state’s exchange. Based on your income, you probably would not qualify for federal assistance to offset the cost of that plan.
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If you are in your mid-50's (26 to not Medicare age), single, make about $30,000 a year, and have no health insurance now because you can't afford it, or have a pre-existing condition insurance refuses to cover - which is about 40 million Americans if you count married:
Quote:
Your coverage:
Right now:If you have been unable to obtain health insurance as a result of a pre-existing medical condition, you may be able to buy it through one of the “high risk pools” the law has set up in each state through the end of 2013. But the premiums in the pools vary and can be high.
Starting in 2014:You will have the option of buying a health plan through your state's exchange with federal assistance. Based on your income, your annual premiums for that plan would be no more than $2,415 to $2,850. Your maximum out-of-pocket costs for deductibles and co-payments would be capped at 30 percent of the total cost.
Insurers can’t discriminate against you for having a pre-existing condition, and can only vary rates within a narrow range.
If you do not obtain insurance coverage by 2014 you will be assessed a tax penalty. The penalty becomes progressively greater from 2014 through 2016, when it reaches full strength. At that point, assuming your current income remains the same and your household consists of 1 uninsured adult, you would be subject to a penalty of about $695. You are exempt from the penalty if the least expensive plan option in your area exceeds eight percent of your income.
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