insurance

Do you know enough about Obamacare?

 

America's health insurance system is undergoing big changes thanks to the Affordable Care Act, informally known as Obamacare. Do you know enough about it?

Polls have consistently shown that most Americans aren't sure how the law will affect them personally. So let's see how well you do on a few sample true-or-false questions. True or false: My state isn't setting up a health insurance exchange, so I won't be able to buy a health plan to comply with the law's insurance requirement. That's false. Every state will have to have an insurance exchange, or online marketplace, to compare and buy plans. Some states have decided not to set up an exchange, so the federal government is stepping in and doing it for them.

Here's another one. True or false: The government might help me pay for my insurance, but only if I'm very poor. That's also false. People with incomes up to four times the poverty level will be able to get federal subsidies.

To take our quiz about health care reform, visit Bankrate.com. I'm Doug Whiteman.

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