NEW HEALTHCARE LAW
MEANS FOR YOU
Important Dates, New Security, New Choices
Dates to Know
November 1, 2015
Enrollment Period for health insurance in 2015 has closed with the exception of qualifying events. New health insurance choices and plans become available for shopping and enrollment on November 1, 2015 through January 31, 2016.
January 1, 2016
New health insurance coverage for 2016 takes effect as early as January 1, 2016.
January 31, 2016
The Open Enrollment Period for health insurance in 2016 closes January 31, 2016.
New Security for Millions of Americans
The healthcare law creates a new way for you and your family to get health insurance and adds financial stability for an estimated 30,000,000 currently uninsured Americans by introducing new rights and protections. Depending on your income and family size, you may qualify for help paying for insurance. If you think you can’t afford insurance on your own, find out how you may be eligible for financial assistance from the government.
New Choices, New Options
The Affordable Care Act (ACA) makes new choices available for you, your family, and your wallet on health insurance “exchanges.” While the Enrollment Period for 2015 is now closed, the Special Enrollment Period for qualifying events is in effect until October 31, 2015. The Enrollment Period for 2016 coverage opens November 1, 2015. There are choices for individuals and families, including those who might not have had health insurance before.
New changes include:
- If you think you can’t afford health insurance, you may be eligible for financial assistance from the government.
- If you have a pre-existing medical condition like asthma, heart disease, or cancer, you can’t be denied health insurance or charged more for it.
- If you have children, they can stay on your health insurance until they turn 26, even if they’re married or living out of your house.
- You may get help with prescription drug costs.
- If you buy your own health insurance, your health insurance company must give a rebate if it spends less than 80% of all of the premiums it collected on care and quality improvement.