Alert
Close

   

Enter the Family Fun Travel Sweepstakes. No purchase necessary. See official rules

HIGHLIGHTS

Open

learning centers

Get smart strategies for managing health conditions.


Arthritis

Heart Disease

Diabetes

Most Popular

Viewed

Who Must Have Insurance Under the New Health Care Law?

Starting in 2014 almost all U.S. residents must have at least basic health insurance. “Insurance” means coverage from employers or public programs such as Medicare, Medicaid, Veterans Affairs or insurance you buy on your own.

  • If you remain uninsured, you’ll be required to pay a penalty of $95 or 1 percent of your income, whichever is greater, in 2014, rising to $695 or 2.5 percent of your income in 2016 and later. The penalties apply to each uninsured adult in the household, with a $2,085 annual limit for families.
  • You will not be fined for going without insurance if your income is so low you don’t have to file taxes; if premiums for the cheapest insurance plan available would cost more than 8 percent of your income; if you can demonstrate financial hardship; or if you’re an American Indian, qualify for a religious exemption or are in prison.
  • The government cannot seize your property or use liens to enforce the law, or send you to jail.

 

More Insights About the New Health Care Law

 

Other Insurance Situations

 

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts

Processing

Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.

Advertisement

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

Walgreens 1 discount membership aarp

Members can earn 50 points per $1 spent on select products at Walgreens.

member benefit aarp hear usa

Members can save 20% on hearing aids with the AARP® Hearing Care Program provided by HearUSA.

AARP membership discount Man trying on eyeglasses at optometrists smiling

Members save up to 60% on eye exams and 30% on glasses at LensCrafters.

Membership Benefits Discounts Email Genius

Brain boost? Get AARP email for access to memory exercises & more that help you focus.

Advertisement