Healthcare Exchange Illinois: What You Need to Know
The Patient Protection and Affordable Care Act, otherwise known as Health Exchange or ObamaCare, begins January 1, 2014. Are you ready for the changes? There are four things every person in Illinois should know in order to prepare themselves.
Healthcare Exchange IL
• To prepare all persons of Illinois, the 2014 initial open enrollment period for the Health Exchange ranges 6 months: October 1, 2013 to March 31, 2014. 2015 and beyond there is only a 3 month window for open enrollment. Contact 800-930-7956 extension 0 for assistance signing up.
• There are more than 12 Mil residents of the state of Illinois, and with the new law all must purchase health insurance or owe a penalty. There are a few exceptions to this rule including if the essential coverage would be more than 8% of your income. To read more about penalties for the uninsured or to see if qualify for one of the exemptions, please read the article Affordable Care Act: Penalties for the Uninsured.
• ObamaCare guarantees all in IL eligibility for healthcare regardless of preexisting conditions. To learn more about guaranteed coverage for all, read the article ObamaCare: Guaranteed Issuance for Everyone.
• Federal subsidies will be available to over a million persons residing in Illinois. To find out if you are eligible for a federal subsidy in IL Health Care Exchange Subsidies: Do You Qualify?
Next Steps
For more information about the Healthcare Exchange in IL please call 800-930-7956 or contact Medicoverage: Illinois.
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