Insurance policies offered through "Obamacare" unveiled soon - WDAM-TV 7-News, Weather, Sports-Hattiesburg, MS

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.

  • Local NewsLOCALMore>>

  • Hattiesburg contracts company to help promote within fire department

    Hattiesburg contracts company to help promote within fire department

    Tuesday, February 20 2018 11:08 PM EST2018-02-21 04:08:44 GMT
    The City of Hattiesburg will have the help of Texas-based company for promotional testing.  Source: WDAM.The City of Hattiesburg will have the help of Texas-based company for promotional testing. Source: WDAM.

    The City of Hattiesburg will now turn to a Texas company to help promote individuals within the fire department.

    More >>

    The City of Hattiesburg will now turn to a Texas company to help promote individuals within the fire department.

    More >>
  • Charges filed against Petal student who made social media threats

    Charges filed against Petal student who made social media threats

    Tuesday, February 20 2018 10:58 PM EST2018-02-21 03:58:44 GMT
    Student responsible for threat charged. (Photo source: WDAM)Student responsible for threat charged. (Photo source: WDAM)

    Petal schools have found the middle school student responsible for making dangerous threats on social media to harm students. That student has been charged. 

    More >>

    Petal schools have found the middle school student responsible for making dangerous threats on social media to harm students. That student has been charged. 

    More >>
  • WDAM has learned the Lumberton Police Chief suddenly resigned

    Lumberton police chief resigns

    Lumberton police chief resigns

    Tuesday, February 20 2018 10:54 PM EST2018-02-21 03:54:49 GMT
    Lumberton Police Chief Shane Flynt has suddenly resigned. (Photo source: WDAM)Lumberton Police Chief Shane Flynt has suddenly resigned. (Photo source: WDAM)

    WDAM has learned Lumberton Police Chief Shane Flynt has suddenly resigned. Flynt was appointed as the city's police chief back in September 2017. According to the Lumberton Police Department, Flynt recently put in his resignation.

    More >>

    WDAM has learned Lumberton Police Chief Shane Flynt has suddenly resigned. Flynt was appointed as the city's police chief back in September 2017. According to the Lumberton Police Department, Flynt recently put in his resignation.

    More >>
Powered by Frankly