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Your Step-by-Step Guide To Signing Up For Obamacare

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signing up for Obamacare

The Patient Protection and Affordable Care Act, also known as Obamacare, has been said to be one of the most significant rising issues in the United States. 

Some people, however, are either unable to afford healthcare or never knew they could get it from the government. In this post, you will learn the steps for signing up for Obamacare with step-by-step instructions.

On June 15, 2010, President Obama signed the Patient Protection and Affordable Care Act into law, better known as Obamacare. One of the main objectives of Obamacare was to provide affordable healthcare to the American public and to protect people against medical bankruptcy. 

The law had been in effect for nearly five years before it received an effective date, which is when it became applicable to all Americans.

Obamacare was designed to provide healthcare for all Americans, whether it is through their employers, private insurers, or another method. If you are an American who does not have insurance and accept government benefits (such as Medicaid or Medicare), then Obamacare can be your health insurance.

Signing up for Obamacare can be done in two stages

Step 1 

First, you must sign up for the Affordable Care Act’s insurance exchange program. This program will provide a list of health plans that qualify for Obamacare subsidies and information about how to purchase those plans on state-run exchanges such as Truecoverage.

Step 2

The second step requires you to purchase a policy that is qualified as affordable coverage as prescribed by the law itself. The following guide will walk you through signing up for Obamacare on the health insurance exchange.

Bank Account

For signing up for Obamacare and purchase a qualified plan, you must have a bank account that is in your name only or that can be opened in your name only. If you don’t have an account with a bank or any other financial institution, then it is recommended to open one before doing anything else. 

If you do not have enough money to do so, use government benefits to obtain the necessary cash. You will not be able to sign up for Obamacare if you do not have a banking or credit card account or enough cash to pay your bills in full.

Obamacare Exchange

  • You must go online to the healthcare exchange provided by the California Department of Managed Health Care (DMHC) for signing up for Obamacare.
  • The site is truecoverage and is available at truecoverage.com
  • On truecoverage, you will need to select whether you want to apply for a health insurance plan offered by employers, Medicaid, Medicare, or other public programs; or if you want to buy a plan from an insurance company that offers affordable health insurance plans.
  • If you have a job, then select the first option. If you are retired, become disabled, or if you are unemployed, then select the second option.
  • For either of the options, you’ll need to enter personal information such as your full legal name and date of birth. You may also be asked for additional information such as your social security number (if you have one), driver’s license (if applicable), and current address and phone number.
  • You will also need to provide information about your income, citizenship, immigration status (if applicable), and professional licenses (if applicable).
  • Once you are done, simply click “Submit” to complete the process.

What is Obamacare?

Obamacare is a law passed in 2010 that will change how people get and pay for their health insurance. It’s designed to help people who don’t have insurance from their employer or a government program like Medicare or Medicaid.

The law allows people to get coverage by buying it on their own, either from a private insurance company or the marketplace.

Read Also: Top 10 Benefits Of Obamacare Insurance Plans

What’s Included in Obamacare?

Under Obamacare, all Americans will have the option to buy health insurance from a private insurance company or marketplace as long as they meet certain requirements.

If you don’t have health insurance and work for an employer that provides health benefits, then you might be eligible to receive tax credits that help lower the cost of your premiums and out-of-pocket health care costs. You can also get coverage through Medicaid if your income is low enough or qualify for Medi-Cal in California.

Conclusion

If you qualify for Medicaid or Medicare, then the government will cover your medical care until you can afford health insurance again. This is called “pre-existing condition” coverage.

If you don’t qualify for these programs, then the federal government will pay 80% of your medical costs until your policy goes into effect. But this plan will only work if you’re insured before going on your medicine.

Read More: 10 Tips to Think When Buy Health Insurance At Best Price

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