When Does The Mandatory Health Insurance Take Effect?

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   Ted Libernini

   Sales Manager, Insphere Insurance Solutions, Tampa Bay, Florida

   Starting in 2014, most people will be required to have health insurance or pay a penalty. Coverage may include employer-provided insurance, coverage they buy on their own or Medicaid. There will be groups who are exempt from the requirement to obtain coverage or pay the penalty. There will be subsidies available for some, to help with the cost of plans available on the health exchanges.
   
   I would recommend you sit down with a health insurance professional to review your personal situation and what options you could be eligible for to comply with the new health reform law.

   Answered on May 11, 2013

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