New Healthcare Regulations

One of the greatest difficulties of obtaining healthcare is categorizing yourself and your situation in order to seek the most appropriate assistance that applies specifically to you.

Why should you be concerned with being informed about the new healthcare regulations?

Here are two of many reasons:

1) New US laws, primarily the Affordable Care Act, require you to have health coverage or an approved exemption. Without insurance, you will be forced to pay a hefty fine. Therefore, you should be actively searching for coverage, if you do not have any already.

2) Recent healthcare policies make it possible for people with incomes across the spectrum to have some sort of health insurance, that covers at least the minimum required by your state.

All in all, if you’re thinking about skipping out on paying for healthcare bills because you think you don’t need them, think again.

This recent reform even influences tax policies! Beware of the consequences of not following these new healthcare laws. You are better off obtaining some form of health insurance than finding yourself paying extra taxes.

 The Affordable Care Act is also known as “ObamaCare.”

Image Source: Joe Raedle

Who do these new healthcare laws affect?

The Affordable Care Act‘s new provisions affect mainly:

  1. Individuals
  2. Families
  3. Businesses
  4. Insurers
  5. Tax-exempt organizations
  6. Government Independent Branches and Organizations

The reform has different implications depending on your category, so it is extremely important that you are informed and aware of the policy’s conditions. However, the new law also brings new benefits for employers and organizations that were not previously offered. Be sure to read up on those as well!

If you find yourself confused, the IRS and the new Affordable Care Act have various contact websites that can help you figure out your responsibilities or aid you with any questions you may have:

Healthcare information contact

IRS information contact

Reference Table on how healthcare laws affect you

Remember: Healthcare means much more than just visiting a doctor.

 
Feature Image Source: Healthcare Press Conference on Enrollment Decline by Maryland GovPics

Itzel Romero

Author Itzel Romero

Itzel Romero is a third year neuroscience major at UCLA. In growing up amid low-income communities, she heavily advocates for social rights of workers, students, and community members. She considers commitment to service a big part of her lifestyle, and enjoys volunteering.

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