Insurance policies offered through "Obamacare" unveiled soon - wistv.com - Columbia, South Carolina

Insurance policies offered through "Obamacare" unveiled soon

Marketplace for health insurance plans opens October 1st. Marketplace for health insurance plans opens October 1st.
CINCINNATI, OH (FOX19) -

Signed into law in March of 2010, "Obamacare" --- as even the president now calls it --- has a major unveiling in just three weeks on computer screens across the country. On October 1, Americans will have the chance to find cheaper health insurance through an online marketplace and sign-up for it.

Among the folks affected: Those whose employers don't offer insurance or who haven't been able to afford coverage when they've tried to buy a policy on their own.

Nearly three million uninsured people in Ohio, Indiana, and Kentucky are eligible for insurance through the new online marketplace, according to the Obama Administration.

But the key to making it work is ensuring everyone is covered. Otherwise, insurance companies will be stuck with a bunch of people who are sick and need expensive healthcare. Americans who make enough money to file an income tax return will be fined if they don't have any insurance starting next year. The fine starts out at $95 or 1 percent of your family's income, whichever is greater. (The federal government will find out whether you have insurance when you file your income tax return.) By 2016, the fine rises to $695 for an adult or 2.5 percent for a family, whichever is greater.

Each state may have a different website for its insurance marketplace. Here's a breakdown of the sites for people in the Tri-State:

You can already find some information about how much the plans being unveiled October 1 will cost. For instance, a family of four in Kentucky that makes $48,000/year can buy a health insurance policy for $252 a month.

While Pres. Obama says the Affordable Care Act will bring quality healthcare to millions of Americans who need it, critics point-out that it may be cheaper for some people to pay the fine than buy a policy.

Copyright 2013 WXIX. All rights reserved.

  • South Carolina news on WIStv.comNEWSMore>>

  • The Latest: Barbara Bush buried at presidential library

    The Latest: Barbara Bush buried at presidential library

    Saturday, April 21 2018 10:44 AM EDT2018-04-21 14:44:47 GMT
    Saturday, April 21 2018 9:17 PM EDT2018-04-22 01:17:54 GMT
    (AP Photo/Evan Vucci). Attendees arrive at St. Martin's Episcopal Church for a funeral service for former first lady Barbara Bush, Saturday, April 21, 2018, in Houston.(AP Photo/Evan Vucci). Attendees arrive at St. Martin's Episcopal Church for a funeral service for former first lady Barbara Bush, Saturday, April 21, 2018, in Houston.

    Guests have begun to arrive at St. Martin's Church in Houston for the funeral of former first lady Barbara Bush.

    More >>

    Guests have begun to arrive at St. Martin's Church in Houston for the funeral of former first lady Barbara Bush.

    More >>
  • Laughter, tears as former first lady Barbara Bush remembered

    Laughter, tears as former first lady Barbara Bush remembered

    Saturday, April 21 2018 12:04 AM EDT2018-04-21 04:04:04 GMT
    Saturday, April 21 2018 9:17 PM EDT2018-04-22 01:17:38 GMT
    (AP Photo/Evan Vucci). Mourners pause as former U.S. first lady Barbara Bush lies in repose during the visitation of former first lady Barbara Bush at St. Martin's Episcopal Church, Friday, April 20, 2018, in Houston.(AP Photo/Evan Vucci). Mourners pause as former U.S. first lady Barbara Bush lies in repose during the visitation of former first lady Barbara Bush at St. Martin's Episcopal Church, Friday, April 20, 2018, in Houston.

    As the outpouring of tributes continues for Barbara Bush, the general public can pay its respects to the former first lady.

    More >>

    As the outpouring of tributes continues for Barbara Bush, the general public can pay its respects to the former first lady.

    More >>
  • Trump says he doesn't think personal lawyer will 'flip'

    Trump says he doesn't think personal lawyer will 'flip'

    Saturday, April 21 2018 9:14 AM EDT2018-04-21 13:14:09 GMT
    Saturday, April 21 2018 9:17 PM EDT2018-04-22 01:17:17 GMT
    (AP Photo/Mary Altaffer, File). FILE - In a Monday, April 16, 2018, file photo, Michael Cohen, President Donald Trump's personal attorney, center, leaves federal court, in New York. Federal prosecutors said they can give President Donald Trump's person...(AP Photo/Mary Altaffer, File). FILE - In a Monday, April 16, 2018, file photo, Michael Cohen, President Donald Trump's personal attorney, center, leaves federal court, in New York. Federal prosecutors said they can give President Donald Trump's person...

    President Donald Trump says he doesn't expect personal lawyer Michael Cohen to "flip" as the government investigates Cohen's business dealings.

    More >>

    President Donald Trump says he doesn't expect personal lawyer Michael Cohen to "flip" as the government investigates Cohen's business dealings.

    More >>
Powered by Frankly