The Affordable Care Act, also known as the health care law, was created to expand access to affordable health care coverage to all Americans, lower costs and improve quality care coordination.
Under the health care law, people will have;
Health coverage that meets a minimum standard (called minimum essential coverage) by Jan. 1:
Qualify for exemption; or
Make a payment when filing their taxes if they have affordable options but remain uninsured.
In 2014, health insurance marketplaces will be a new way to find health coverage. On the marketplaces, some people may be eligible for lower costs on health premiums and out-of-pocket costs based on their income.