Understanding Your Insurance Options

Under the Affordable Care Act, Americans are required to have health insurance as of January 1, 2014. If you don't have insurance, you'll pay a penalty.


If you're not eligible for health insurance from your employer, don't worry-insurance is available to you and your family from other sources. The flowchart below can help you find the health insurance coverage that's available to you.

Start Here

Are you eligible for Medicare?

Are you eligible to stay on your Parent's insurance?

The Affordable Care Act allows children to stay on their parent's plan until they reach age 26. This applies even if you are:

  • married
  • not living with your parents
  • attending school
  • not financially dependent on your parents
  • eligible to enroll in your employer's plan

Are you eligible for insurance from your Spouse's Employer?

If your spouse has coverage available through his or her work, you should investigate whether you may be able to obtain coverage as part of that plan. Many employers offer family coverage in addition to individual coverage and that may be a good option for you.

Conclusion

You may still want to check out the coverage the health marketplace ("exchange") offers, and see how it compares to the employer coverage that's available to you. By doing this, you may be able to find a plan that costs less than employer coverage.


Take this opportunity to look at all your health plan options. That way you can find the best deal on your total health care costs. Learn more about the specific options available to you by checking out our Coverage Calculator.