Monday, November 22, 2010

What if you can't afford to buy health insurance? Does the new health care bill have provisions for that?

I would love to have health insurance. If I could afford it, I would already have it.
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Yes. You won't have to get coverage until 2014. In that year, all companies with 50+ employees will have to offer coverage. If your job doesn't offer insurance, you may be eligible for subsidies. Anyone below the poverty line can get coverage free through Medicare. If you make more than that, you can still get a subsidy to help pay for insurance if you make less than 4 times the poverty level (the poverty level for a single person with no kids was just under $11,000 last year).
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