QUIZ: Myths vs. Facts; How Much Do You Know about the Affordable Care Act?

Question-MarkWith so much information swirling around the Affordable Care Act (aka “Obamacare”), we wanted to test your knowledge. Take our quiz and see if you know can tell what’s true and what’s a myth.

  1. MYTH or FACT? The Affordable Care Act and Obamacare are the same thing.
  2. MYTH or FACT? The Affordable Care Act is no longer a law. It was overturned or repealed.
  3. MYTH or FACT? “I don’t need to worry about getting health insurance. I’ll have Obamacare next year.”
  4. MYTH or FACT? All preventive care services are covered for Americans, regardless of whether or not they have health insurance.
  5. MYTH or FACT? I can’t be turned down for coverage anymore, so I can sign up for health insurance after I get hurt (or sick) because of Obamacare.
  6. MYTH or FACT? All exchanges are run by the federal government.
  7. MYTH or FACT? If you don’t get health insurance in 2014, you’ll probably face a tax penalty.

Answers

  1. Fact. The Affordable Care Act and Obamacare are the same thing.
  2. Myth. The Affordable Care Act is in fact still law and implementation began in 2010.
  3. Myth. The Affordable Care Act requires everyone to obtain health insurance; it doesn’t automatically provide health insurance.
  4. Myth. Preventive care services are covered only after you obtain health insurance. If you’re already covered through an employer, that counts; you don’t need to seek additional coverage.
  5. Myth. You have to sign up for health insurance during the open enrollment period (now until March 31, 2014). If something happens outside of the enrollment period, you won’t be able to enroll immediately. If you miss the open enrollment period, odds are, you won’t be able to enroll again until October of next year.
  6. Myth. States can establish their own exchange (Cover Oregon and Your Health Idaho, for example). The federal government’s marketplace, Healthcare.gov, is in place for states that don’t create their own exchange marketplace models.
  7. Fact. If you didn’t enroll in coverage in 2014, you’ll probably see a tax penalty when you file your return. To learn more about how the Affordable Care Act will impose those penalties, check out this quick video.

 

To learn more about the Affordable Care Act, check out HealthCareLawGuide.com.

Will I Get Free Health Insurance in 2014?

Question Visual_5_will i get free insurance

For most of us, no. While the Affordable Care Act (also commonly known as “Obamacare”) will help ensure that everyone has access to health insurance, it’s your responsibility to enroll in, and in most cases, pay for coverage. Depending on your income and other factors, you may—or may not—qualify for help paying for that coverage.

Knowing whether or not you qualify for financial assistance might sound tricky, but we put together a quick video that lays out some of the factors that come into play.

To learn more about the Affordable Care Act and healthcare reform, check out HealthCareLawGuide.com.

Related Posts: When Will I Automatically Get Free Health Insurance Thanks to the Affordable Care Act?Come On, Am I Really Required to Buy Health Insurance?

Will Healthcare Reform Offer a Government-Run Plan like Medicare?

Question Visual_4

No. The Affordable Care Act does not create a new government-run health plan, but it does create a new marketplace for private plans through healthcare exchanges and expands Medicaid options. You’ll see changes in health plan options and the shopping experience.

To learn more about the Affordable Care Act and healthcare reform, check out HealthCareLawGuide.com.

Related Posts: When Will I Automatically Get Free Health Insurance Thanks to the Affordable Care Act?Come On, Am I Really Required to Buy Health Insurance?