Medical insurance coverage is experiencing turbulent change with the application of the Affordable Care Act (“ObamaCare”). As of January 1, 2014, every American is required to have minimum insurance in force. However, many of us are still unpredictable about how to obtain ideal coverage. This article intends to cut through the confusion, to set you on the course of legal compliance– and much better health.

Under ObamaCare, you can get protection from a variety of sources:
- Your Parents — If you are under age 26, you can be covered by your moms and dad’s strategy.
- Your Employer — There is strong incentive to join a company healthcare plan if it satisfies minimum requirements (covering a minimum of 60% of expenses). You can pick alternate insurance, but you will be ineligible for any tax credits for which you would usually qualify. In addition, company contributions are generally pre-tax, while your personal strategy purchase uses after-tax d.
