Do you have health insurance through work?
For you, the question might be: Do I need to use the healthcare marketplaces that are part of the Affordable Care Act, sometimes called Obamacare?
The simple answer is: No, you probably don’t need to. It’s possible, however, that you might want to.
A Job-Based Plan
If you are employed and have health insurance through your employer, you are most likely considered covered and will not need to change to a Marketplace plan. If you are covered, you will not need to pay a tax penalty for the 2014 tax year.
The exceptions to this are if your employer’s health plan does not offer minimum essential coverage or if the lowest cost self-only coverage meeting minimal standards is more than 9.5% of your family’s income (coverage must be “affordable”).