Top 5 Things to Know

1. Important Dates

October 1, 2013 - March 31, 2014: Health Insurance Marketplace open enrollment starts.

Coverage can begin as soon as January 1, 2014.

2. Employer Plan

If your employer provides an affordable insurance plan and it meets the minimum value, you will not need to buy insurance from the Marketplace.

3. Premium Tax Credit Qualifications

You can qualify for a premium tax credit if, based on your income, you fall between 100 and 400 percent of the poverty level.

4. Uninsured?

Because Virginia did not choose to expand Medicaid, approximately 400,000 uninsured Virginians will not qualify for a subsidy to help them buy insurance on the Marketplace.

5. Penalty Fee

There is a penalty fee for those who choose not to have health insurance. However, there are a few exemptions.