Obamacare News Blog

Virginia Healthcare Exchange: List of What You Need to Know Before Jan ‘14

There are 8 Million residents of the commonwealth of Virginia who will be affected by the Patient Protection and Affordable Care Act (AKA ObamaCare or Healthcare Exchange). Will you be ready? We’ve listed the most important information to get you ready for the deadline.

ObamaCare for VA
1) All of Old Dominion’s residents must purchase federally approved health insurance or pay a penalty. There are few exemptions to the mandatory health insurance, such as if your income is so low that you do not file a tax return. To learn about the penalties and/or to find out if you are exempt read the penalty overview article Affordable Care Act: Penalties for the Uninsured.

2) Preexisting conditions no longer exclude any Virginian from obtaining health insurance. To learn more about guaranteed eligibility read the article ObamaCare: Guaranteed Issuance for Everyone.

3) Over 750K residents of Virginia will qualify for a federal subsidy to help with health insurance monthly premiums. To find out if you are eligible for a federal subsidy go to the article Health Care Exchange Subsidies: Do You Qualify?

4) The Healthcare Exchange open enrollment period for 2014 begins October 1, 2013 and ends March 31, 2014. In proceeding years the open enrollment period will be shortened to a 3-month period. Call today for assistance enrolling at 800.930.7956 extension 0.

Further Questions:
To learn more about the affect of the Healthcare Exchange on Virginia or for assistance please call 800.930.7956 extension 0 or contact Medicoverage: Healthcare Exchange VA.