Question: I currently have a high-deductible healthcare policy (HDHP) from Blue Cross, but it is not a “qualified plan” under the ACA. Will I have to pay the penalty in 2014 and onwards if I keep my existing insurance policy?
Answer: If your current health care coverage continues to be available after January 2014 as a grandfathered plan, you may choose to keep it. There will be no tax penalty as long as you are insured.
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