New lingo for consumers: health overhaul glossary Associated Press Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 5:21 am, Sunday, January 27, 2013 Employer mandate — A federal requirement that companies with 50 or more workers pay a penalty to the government if one of their workers obtains taxpayer subsidized coverage through the law. Individual mandate — A federal requirement that virtually everyone in the United State has health insurance, either through an employer, a government program or by buying his own plan. Essential health benefits — Basic health benefits that most health insurance plans will have to cover starting in 2014. Exchanges — Online health insurance marketplaces in each state where consumers can get private health insurance, subsidized by the government. Medicaid expansion — The health care law also expands the federal-state safety-net program to cover more low-income people. Medicaid is expected to account for close to half of the 30 million uninsured people who, the Congressional Budget Office estimates, eventually will gain coverage through the law. Tax credits — Government health insurance subsidies for individuals will come in the form of tax credits.

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