Obamacare Coverage Promises Lots of Homework

by Burke Speaker | September 16, 2013 10:19 am

NewLetters[1]It’s a combination 0f doing your taxes and doing your homework.

That’s how the Associated Press describes the process of applying for coverage under the Affordable Care Act — aka Obamacare coverage.

Open filing begins Oct. 1, pending some sort of surprise — and nearly impossible — measure by Republicans to block the Supreme Court-approved law from taking effect.

From the Associated Press:[2]

You’ll need accurate income information for your household, plus some understanding of how health insurance works, so you can get the financial assistance you qualify for and pick a health plan that’s right for your needs.

The process involves federal agencies verifying your identity, citizenship and income, and you have to sign that you are providing truthful information, subject to perjury laws. …  consumers can apply online, via a call center, in person or by mail. Trained helpers are supposed to be available, but there may not be enough of them.

The main steps include providing current information on income, jobs and any available health insurance options. But there is work to do:

You may need your most recent tax return, pay stubs and details on other kinds of income, such as alimony, pensions and rents. You can still apply if you haven’t filed a tax return. You’ll also be asked about access to health insurance through your job. You may be required to take that insurance if available.

For more about the details, check out the AP piece here[3].

  1. [Image]: mailto:letters@investorplace.com
  2. From the Associated Press:: http://hosted.ap.org/dynamic/stories/U/US_HEALTH_OVERHAUL_APPLYING_FOR_COVERAGE?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2013-09-12-02-08-20
  3. here: http://hosted.ap.org/dynamic/stories/U/US_HEALTH_OVERHAUL_APPLYING_FOR_COVERAGE?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2013-09-12-02-08-20

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