You and Federal Health Care Reform

You and Federal Health Care Reform

The Federal Government wants you to know about some important changes made in 2014 that are part of the implementation of Healthcare Reform.

If you are a benefits-eligible MIT employee, we want you to know that MIT's health benefits meet or exceed all federal requirements for "qualified health care coverage." If you are not eligible for MIT health benefits, you may be able to purchase insurance through a public exchange.

Highlights from the Health Care Reform Notice

Download the notice (PDF).

  • Most U.S. citizens and legal residents are now required to have "qualified health care coverage" or pay a penalty when you file your taxes. We want you to know that MIT’s health benefits meet or exceed all federal requirements for "qualified health care coverage."
  • The law requires U.S. citizens and legal residents to have access to individual health insurance policies through a "Health Insurance Marketplace," commonly called a public exchange. The availability of exchanges will not affect the benefits you are eligible for as an MIT employee.

If You Are Eligible for MIT Health Benefits

If you are eligible for MIT health benefits, purchasing health insurance through a public exchange is not likely to be advantageous. This is because MIT provides significant financial support for your health benefits, so you are not likely to qualify for federally subsidized coverage through an exchange. The great majority of benefits-eligible employees at MIT will find it preferable to obtain coverage through MIT, their spouse’s employer or their parent’s employer (if under the age of 26.)

If You Are Not Eligible for MIT Health Benefits

If you are not eligible for MIT health benefits, purchasing insurance through a public exchange may be an option for you to consider. Other possible options include your spouse’s plan, your parent’s plan, Medicaid or Medicare. 

For more information regarding health care exchanges, obtaining coverage through a public exchange or the enclosed notice, visit https://www.healthcare.gov/ or call 1-800-318-2596. Residents of Massachusetts may also be eligible for coverage through the Massachusetts Health Connector at https://www.mahealthconnector.org.  

Have Questions?

If you have questions about your eligibility for MIT health benefits, please see the eligibility guidelines or contact the MIT Benefits Office.