This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

How to Sign Up for Obamacare in an Hour

NEW YORK (TheStreet) -- It's literally last call for millions of Americans to abide by Uncle Sam's mandate to buy private health insurance by March 31.

If you don't, by law, you face a tax penalty that could amount to 1% of your annual household income.

The deadline is only days away, folks, and if you haven't signed up yet the thought of spending hours online watching spinning digital beach balls and being told to "start over" because of system error is probably akin to expecting root canal.

Unfortunately, a lot of Americans have decided to procrastinate, and that could further burden the HealthCare.gov health insurance exchange sign-up website.

According to Gallup, 15.9% of Americans don't have health insurance right now -- the lowest since 2008 -- and the Affordable Care Act should get the lion's share of credit.

The numbers should change again in April after a last-minute flurry of Americans decide enough is enough and sign up.

If that means you, The private online health care exchange GoHealthInsurance.com, recently offered a sign-up survival guide that the firm says should guarantee getting coverage within 60 minutes:

25 minutes: Figure out your health care needs and budget. "Discuss priorities like costs and benefits with other stakeholders who'll be on your plan, like a spouse," the firm advises. "Understanding what you can afford and what benefits you'd like will make it easier to narrow down your coverage options."

Two minutes: Go online and see what tax credits are allowable with your annual income estimates. This is quick and easy, and since these tax credits, or subsidies, may significantly lower your health care costs, they are well worth checking out. HealthCare.gov recommends this online tool). GoHealth offers its own health care subsidy calculator here.

10 minutes: Compare health care plans online, focusing on plan benefits and costs. Compare plans side by side and use available comparison software on GoHealth's site or the government exchange site to narrow your choices.

20 minutes: Talk to an adviser over the phone. This one is tricky. After all, who's to say you won't be on hold for 90 minutes waiting for a health care insurance specialist to answer a question? But GoHealth estimates a 20-minute call with an insurance adviser who can "walk you through the enrollment process and recommend health plans that fit your budget and needs."

So there you have it: covered health care within one hour, with just enough time left to crack your favorite beverage and toast yourself for a job well done.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,787.43 +9.28 0.05%
S&P 500 2,063.73 +2.50 0.12%
NASDAQ 4,755.6260 +7.23 0.15%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs