What is Obamacare?

The president’s signature affordable health care plan is set to take effect Tuesday.

The president’s signature affordable health care plan is set to take effect Tuesday. (9/30/13)

WASHINGTON - President Barack Obama's affordable health care law is set to take effect Tuesday, but do you know how it works?

Obamacare will allow the roughly 48 million Americans without health insurance to start shopping for a plan at Healthcare.gov.

There will be several competitive plans to choose from, and all must offer the same coverage and a monthly premium. However, the deductibles and co-pays will vary among plans.

The president has touted his signature bill as providing good health insurance for the price of your cellphone bill. The White House puts that at roughly $100 a month or less, but that's if you qualify for tax breaks and subsidies based on income.

Eligible people will have until Dec. 14 to choose a plan in order for coverage to start Jan. 1.

Open enrollment ends on March 31, 2014, and if you don't have insurance by then, you could be slapped with a fine due to a controversial individual mandate.

advertisement | advertise on News 12

Trending Video

Residents are concerned about the safety of items 1 The Buzz: Safety concerns in wake of 8-year-old boy's death
Kevin Reilly, 8, died after a heavy planter 2 Vigil remembers 8-year-old killed by fallen planter box
A kid from the Bronx is one of 3 Actor from the Bronx stars in '13 Reasons Why'
In honor of National Superhero Day, News 12 4 Word on the Street: Superheroes
There will be a few road closures over 5 Weekend travel advisory, April 28-30

advertisement | advertise on News 12

More News

House Republicans and Senate Democrats are refusing to Countdown: GOP unity frays as shutdown grows near

It's the final countdown to a government shutdown if Congress can’t reach a budget agreement

The main point of discord Obamacare, which House Clock ticks closer to possible gov’t shutdown

Lawmakers have just one week left to overcome a congressional budget battle and avert a

Congress needs to pass a new spending bill ‘Obamacare’ halts passage of federal spending bill

The GOP-controlled House is pushing a temporary funding bill that would gut President Barack Obama's

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.