Health Care Reform FAQ: What If I Already have Insurance?

HCR Know your benefitsWhat if I have job-based insurance?
If you have job-based health insurance you like, you are considered covered and can keep your insurance. You may be able to switch to Marketplace coverage eventually if you want to.

Any job-based health plan you currently have qualifies as minimum essential coverage. You don’t need to change to a Marketplace plan in order to avoid the fee that uninsured people may have to pay for 2014. If you’d like to explore Marketplace coverage options, you can, but there are several important things to consider.

With most job-based health insurance plans, your employer pays a portion of your premiums. If you choose a Marketplace plan instead, your employer does not need to make a contribution to your premiums. You should consider this carefully before comparing Marketplace plans.

To learn more read:  What If I Already Have Insurance?

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