Affordable Care Act Round-Up: "Data Hub" Ready - NBC Bay Area
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Affordable Care Act Round-Up: "Data Hub" Ready



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    Federal officials said that they have completed the "data hub," a computer system that will help people sign-up for health care under the Affordable Care Act.

    Federal health officials announced the computer system allowing Americans to sign-up for insurance under the Affordable Care Act is ready ahead of an Oct. 1 deadline.

    Health-care 'data hub' is ready, White House officials say (The Washington Post)

    • The "data hub," is a system that will verify people's Social Security numbers, immigration status and other information when they go to government websites to buy health plans and apply for government subsidies. 
    • The computer system will be able to fact-check parts of a person's application in real time to determine their eligibility for subsidies or Medicaid.

    Obamacare tax guide for individuals (CNN Money)

    • Most Americans will be required to buy health insurance in 2014 or pay a penalty. That penalty will be equal to a percentage of one's household income, or whichever is greater. The penalty starts at $95 per person or 1% of income in 2014; rises to $325 or 2% of income in 2015; and then increases to $695 or 2.5% of income in 2016.
    • Federal tax subsidy: Anyone making up to 400% of the poverty line qualifies. In 2014, an individual making $45,960 or a family of four with household income up to $94,200 is eligible.
    • Medicare surtax on wages and investment income: Earners of more than $200,000 annual income ($250,000 if married) will be taxed another 0.9% on top of the 1.45% Medicare tax they already pay.