Originally published on Fri September 27, 2013 10:19 am
Oklahomans will be able to shop for and purchase insurance on the new health insurance exchange created under the federal Affordable Care Act beginning Oct. 1. Under the law, most Americans will be required to have health insurance coverage by Jan. 1, 2014, or face a tax penalty.
Many people are uncertain how much it will cost to purchase insurance through the exchange, or if they will be eligible for subsidized coverage or Medicaid.
This calculator from NPR and the Kaiser Family Foundation is designed to clear up some of that confusion. Just plug in where you live, age, annual income, whether you use tobacco, and how many people live in your home to find out if you qualify and what your monthly costs may be. The calculator will be updated as the marketplaces go live on Oct. 1.