University of Minnesota
Office of Human Resources

The Affordable Care Act and Your Health Insurance Options

new Health Insurance Marketplace Coverage: required federal notice

Read the federally mandated notice for basic information about the new Health Insurance Marketplace and the health coverage that is offered by the University.

Starting January 1, 2014, the law will require most Americans to have health insurance—whether from an employer, such as the University of Minnesota, a private insurance company, or from the government. Individuals who do not have health insurance coverage by January 1, 2014, may have to pay a tax penalty when they file their taxes in 2015.

Due to the new law, each state will now offer a “marketplace” or “exchange” that will be set up to help people without coverage find health insurance for 2014. Minnesota’s marketplace is called MNsure. Even though there will be more health care options, we believe the UPlan or a plan offered by your spouse’s or same-sex domestic partner’s employer will remain your best option for coverage, if you are benefits eligible.

The Affordable Care Act makes it clear: it’s up to you to make sure you have health insurance beginning in 2014. The University of Minnesota is here to help by explaining the options available to you and the steps you need to take so you are covered.

We encourage you to read the following documents to learn more about the Affordable Care Act requirements and any actions you may need to take. These summaries are designed to show how all the pieces fit together and how they may affect your individual situation.