Frequently Asked Questions
Effective for January 1, 2014, health insurance plans will be guaranteed issued. You will be able to enroll in a health insurance plan no matter if you have a prior health condition that has made it difficult for you to get health insurance in the past.
Yes. Not everyone will face a penalty. If you have a very low income, qualify for religious exemptions, are a member of a Native American Indian tribe or have been without insurance for less than 3 months of the year; you will not have to pay a penalty.
Beginning in 2014 you will have to pay a penalty if you can afford health insurance but choose not to buy it. The penalty is 1% of income or $95, whichever is greater for individuals and $47.50 for children who are not insured.
Depending on your household size and salary, you may be eligible for a subsidy (Federal financial assistance) which will help to pay for health insurance premiums when purchased through the new Federal Marketplace.
es, in most all cases. Beginning January 1, 2014, there is an Individual Mandate that requires most Americans to have health insurance. There are a few exceptions for individuals with very low incomes, members of Native American Indian tribes and those qualifying for religious exemptions. Failing to obtain coverage may result in a penalty you will have to pay on your federal income tax return.
If you have an individual plan already or participate in an employer sponsored group plan, you may not experience many changes. However, your coverage may have some new benefits effective in 2014 such as no cost preventative wellness screenings.
If you do not currently have health insurance, in Oklahoma, you will be able to pick a plan from the Federal Marketplace if you are a U.S. Citizen or a legal resident.
If you do not currently have health insurance, in Oklahoma, you will be able to pick a plan from the Federal Marketplace if you are a U.S. Citizen or a legal resident.
