California Health Insurance: How Will Healthcare Reform Affect You?
California Health Insurance: How Will Healthcare Reform Affect You
?An estimated 4 million Californians will get access to healthcare through the Patient Protection & Affordable Care Act.If you make between $14,403 and $41,000 a year, or your combined annual family income is under $73,240, you will be eligible to get Health Insurance Plans in California through the exchange and you can use subsidies to make it more affordable.If you don't have children and your annual income is below $14,403, or you are a parent and your annual income for a family of three is under $24,360, you will be eligible for Medi-Cal. Healthcare reform expands this public program to increase financial assistance to people with incomes in the low to middle rangeWhat Does Healthcare Reform Do For Children?Healthcare reform will extend coverage to more children by increasing help to families, but it also allows parents to cover their children under their California health insurance for several more years. As of September 2010, children can be protected by their parent's coverage until they become 26.In addition, healthcare reform specifically ends exclusions on pre-existing health problems. If you are one of the millions of children with a problem like asthma who have been barred from medical care for years, you'll have access to much-needed care.Does Healthcare Reform Affect Seniors?If you are at least 65, you will continue to get Medicare, and healthcare reform extends the viability of Medicare. For seniors in the infamous Medicare "doughnut hole," which means Medicare does not pay for your prescriptions, healthcare reform cuts your out-of-pocket costs for prescription drugs with a $250 rebate check in 2010. Ultimately, reform is designed to completely remove the Medicare gap in coverage for prescriptions by 2020.In September 2010, healthcare reform ends the charging for recommended preventive services so seniors can receive an annual wellness check-up for free. This can help catch health problems early when they are most treatable and reversible, and give seniors peace of mind.What Does Healthcare Reform Mean To Legal U.S. Residents?If you have been a legal, permanent U.S. residents for less than five years, you will be able to buy health insurance through the exchange in 2014 and take advantage of subsidies to make it more affordable.If you have been a legal, permanent resident for more than five years, you may be eligible for Medi-Cal in 2014.Undocumented immigrants will not be able to participate in the exchange or Medi-Cal, but healthcare reform does not block them from receiving care at health centers, hospitals or local community clinics when they need emergency medical help.When Will You Be Able To Get California Health Insurance?Whether you need California Family Health Insurance or California Individual Health Insurance, the exchange is mandated to be available in 2014. California may expand the Medi-Cal program (Medicaid) before 2014.If it expands Medi-Cal to all residents with an annual income below $14,403 (that's 133 percent of the federal poverty level) before 2014, the federal government may help California cover the cost.When Will You Need To Have Health Insurance In California?If you are a U.S. citizens or a legal resident (with a few exceptions), you will need minimal essential coverage for yourself and your dependents in 2014. You can be covered through employers, California individual health insurance plans, the exchange or Medi-Cal.American Indians, people who prove financial hardship or religious objections, those in prison and undocumented immigrants do not have to purchase health insurance.All others will have to pay a tax penalty of $95 in 2014 if you decide not get health insurance. If you are still not covered with health insurance in 2016, that penalty will have grown to $695.It's estimated that 8.2 million are now without health insurance in California. Healthcare reform is expected to extend coverage to an estimated 4 million. What about the other 4.2 million people? They are believed to be mostly undocumented immigrants who will not participate in the extended coverage. Texas Health Insurance for Individuals- Get an Affordable Health Plan Small Business Health Insurance in Virginia Virtual Doctor Visits Are Becoming Commonplace in America Student health insurance in Florida Health Insurance: a way for a good health Individual and Group Health Insurance for Ohio Residents Australian Sheepskin Boots Accomplish Your Aspiration for Fashion & Comfort Online Free Health Insurance Quote Medigap health insurance plan provides you with maximum benefits An overview of health insurance in Florida How to compare quotes in Texas health insurance Buying affordable health insurance - Finding Cheaper Health Plans For Healthy People How to Find Low Cost Health Insurance Without Risking Being Under Covered