Clarifying the Affordable Care Act’s Requirement to Buy Coverage…

The following chart from the Henry J. Kaiser Foundation makes clear who has to buy health coverage under Obamacare and how much it will cost. I feel it is better to know how this really works than to hear Republicans as they cry that the world will come to an end.

The Requirement to Buy Coverage Under the Affordable Care Act

Along with changes to the health insurance system that guarantee access to coverage to everyone regardless of pre-existing health conditions, the Affordable Care Act includes a requirement that many people be insured or pay a penalty. This simple flowchart illustrates how that requirement (sometimes known as an “individual mandate“) works.

About btchakir

Retired Theatre Producer, Graphic Designer, Usability Tester and General Troubleshooter with a keen interest in Politics and The Stage. Currently heard on WSHC, 89.7 FM (on line at www.897wshc.org) and occasionally dabbling in Community Theatre.

Posted on July 2, 2012, in budget, Corporations, Economics, government, Health Care, Internet, Legal, News, Opinion, President Obama, quote, Taxes, Word from Bill and tagged , , , , , , , . Bookmark the permalink. Comments Off on Clarifying the Affordable Care Act’s Requirement to Buy Coverage….

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