Affordable Care Act: Your questions answered - KMSP-TV

Affordable Care Act: Your questions answered

Posted: Updated:

If you don't have health insurance, the clock starts ticking for you next week.  Beginning Wednesday, you'll have six months to buy coverage under the new Affordable Care Act. Lots of people are confused about just what that means, so FOX Medical Team reporter Beth Galvin got some answers.

The big question is, do you even need to shop for insurance on healthcare.gov?  Journalist Andy Miller, who runs the politically-independent GeorgiaHealthNews.org says if you're one of the 18 percent of Georgians who don't have health coverage or are self-insured and want a better deal, the answer is yes.

"If you have job-based insurance, you don't have to worry about this," Miller explained.  "If you're on Medicare, you don't have to worry about this."

If you do need insurance, you have six months to buy it, beginning October 1.  The penalty for not having coverage is $95, or 1 percent of your 2014 income—whichever is higher.  That fee will gradually go up to $695 per year.

So how do you find the right plan?

"You look at the costs, certainly, because that's on the minds of Americans," said Miller.  "But you should also look at whether your doctor or your hospital is on the network, too."

Miller says there's a good chance you qualify for a tax break, or a lower-cost plan.  If you earn $11,500 or less each year, you don't need to buy insurance.  And, if you're 30 or younger, you qualify for "catastrophic" coverage.  Miller says if you qualify for a subsidy, the plans can cost you less than $100 a month.

You can search for a "navigator" (or application counselor—to help you look over your options) starting October 1 on healthcare.org, and Miller says you should brace yourself.  He says there are bound to be glitches, hiccups and roadblocks as the process begins. How it will play out is anyone's guess.

"This is like the Super Bowl for the healthcare system," said Miller.  "But we're not going to know the score after three hours or even three months, we're going to figure out whether this thing is successful. It may take years."

Link: Find a navigator on healthcare.gov (Health Insurance Marketplace)

  • Good Day ArchiveMore>>

  • Back to School Jamboree with Hosea Feed The Hungry

    Back to School Jamboree with Hosea Feed The Hungry

    Hosea Feed the Hungry will host their annual Back to School Jamboree on Sunday, July 13, 2014 from 10:00 a.m. until 3:00 p.m. at Turner Field. Children will receive a backpack filled with school supplies.

    Hosea Feed the Hungry will host their annual Back to School Jamboree on Sunday, July 13, 2014 from 10:00 a.m. until 3:00 p.m. at Turner Field. Children will receive a backpack filled with school supplies.

  • Stars of 'Get On Up' The Story of James Brown, visit Good Day

    Stars of 'Get On Up' The Story of James Brown, visit Good Day

    Friday, July 25 2014 9:55 AM EDT2014-07-25 13:55:46 GMT
    In his follow-up to the four-time Academy Award®-nominated blockbuster The Help, Tate Taylor directs 42’s Chadwick Boseman as James Brown in GET ON UP.
    In his follow-up to the four-time Academy Award®-nominated blockbuster The Help, Tate Taylor directs 42’s Chadwick Boseman as James Brown in GET ON UP.
  • Good Day Atlanta

    Pike Nurseries: Attracting Hummingbirds

    Pike Nurseries: Attracting Hummingbirds

    Friday, July 25 2014 9:05 AM EDT2014-07-25 13:05:09 GMT
    Hummingbirds and other winged wildlife can add beautiful color and movement to a garden. You can enjoy the stunning sights and sounds of these featured friends, while also helping them access food, shelter, water and sunlight with hummingbird gardening.
    Hummingbirds and other winged wildlife can add beautiful color and movement to a garden. You can enjoy the stunning sights and sounds of these featured friends, while also helping them access food, shelter, water and sunlight with hummingbird gardening.
  • More Health NewsMore>>

  • Sandy Springs woman struggles with Alzheimer's diagnosis at 55

    Sandy Springs woman struggles with Alzheimer's diagnosis at 55

    Thursday, July 24 2014 8:42 AM EDT2014-07-24 12:42:55 GMT
    The Alzheimer’s Association estimates about 200,000 Americans are living with early-onset Alzheimer’s disease, diagnosed before their 65th birthday.
    The Alzheimer’s Association estimates about 200,000 Americans are living with early-onset Alzheimer’s disease, diagnosed before their 65th birthday.
  • FOX Medical Team

    Easy 'fat burning' recipes

    Easy 'fat burning' recipes

    Thursday, July 24 2014 7:40 AM EDT2014-07-24 11:40:05 GMT
    Here are the recipes from Nancy Waldeck of the Cancer Wellness Center of Piedmont Hospital.
    Here are the recipes from Nancy Waldeck of the Cancer Wellness Center of Piedmont Hospital.
  • FOX Medical Team

    5 fat-burning foods you should try

    5 fat-burning foods you should try

    Wednesday, July 23 2014 12:19 PM EDT2014-07-23 16:19:49 GMT
    Tired of working out with no payoff, or counting calories and still not losing weight? Healthy chef Nancy Waldeck at the Family Wellness Center at Piedmont Atlanta Hospital pulled together five fat-burning foods you need to discover!
    Tired of working out with no payoff, or counting calories and still not losing weight? Healthy chef Nancy Waldeck at the Family Wellness Center at Piedmont Atlanta Hospital pulled together five fat-burning foods you need to discover!
Powered by WorldNow

KMSP-TV
11358 Viking Drive
Eden Prairie, MN 55344

Phone: (952) 944-9999
Fax: (952) 942-0455

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices