• WHATare the facts?
  • HOWdoes this affect me?
  • WHENis this happening?
  • WHEREdo I get more info?

Reform Checklist

Are you prepared for what the Affordable Care Act means for you this year? Will you be ready? Not sure what you need to do? We can help! Use this checklist to gather your thoughts and, if needed, your paperwork.

If you are happy with your insurance plan:

  • Remember: Things might change in the years ahead
  • Do some research now
  • Read about your insurance company in the news
  • Make sure they will continue to cover your favorite doctors and facilities

Are you worried about paying for insurance?

You might be able to get help! Many people will qualify for free or low-cost health insurance. Even if you get insurance at work, you might get tax credits to help you pay for premiums.To apply for this help you will need financial information…so gather it now!

Collect information about total household income:

  • Review your tax returns and W-2 or 1099 statements
  • Review your bank deposits for tips or cash income
  • Remember seasonal income
  • Ask all members of your household to do the same
  • Add all income to find total annual household income

Collect information on how much you spend:

  • Write down monthly debt payments
  • Use receipts to track spending on food and gas
  • Look at bank records to find utility costs
  • Include annual costs like school shopping

Collect information about medical costs:

  • Write down what you pay for insurance premiums
  • Add up what you pay for doctor visits
  • Make a list of medications your family buys
  • Remember allergy shots or back-to-school exams
  • Think about future needs, like pregnancy exams or elective surgery
  • Include any medical debt you have
  • Don’t forget eyeglasses and braces

Do you have insurance now?

If you are insured by your employer:

  • Ask if they will add or take away any covered services
  • Ask if your costs will be higher
  • Find out if your insurance is “affordable:”

•   Start with your total yearly payments for premiums at work (X)
•   Divide (X) by your total annual household income (Y)
•   If the result is greater than.095, or 9.5%, your insurance is “unaffordable.”

  • If your insurance payments are “unaffordable,” keep your financial records handy
  • Use the Health Insurance Marketplace website or toll-free number to apply for financial help.

If your employer does not offer health insurance:

  • Ask if they will offer health insurance in upcoming years.
  • If not, keep your financial information handy
  • Use the Health Insurance Marketplace website or toll-free number to apply for financial help.

If you are self-insured or do not have insurance:

  • Keep your financial information handy
  • Use the Health Insurance Marketplace website or toll-free number to apply for financial help.

ABOVE ALL, DO WHAT YOU CAN TO STAY HEALTHY.

That’s the most important “to do” this year and every year.