The NVIDIA medical plans meet all legal requirements, and you don’t need to take any action if you’re eligible for NVIDIA benefits.
Health Care Reform 101
Health care reform addresses some important issues in the health care system that, because NVIDIA already has generous coverage, you may not have been aware of. For example:
- Everyone can get coverage. Some Americans weren’t able to buy health insurance because of an illness. Now, all Americans can join any health plan without exclusions for pre-existing health issues
- Everyone must get coverage. If you don’t have coverage, you pay a tax. However, as long as you stay on your NVIDIA medical plan, you won’t need to take any action
Impact At NVIDIA
Health care reform affects NVIDIA in two significant ways:
- More regulation equals more resources spent to comply with monitoring the law, analyzing our plans, and implementing any necessary changes.
- We now have higher plan costs because of new taxes that the health plans have to pay.
The health care landscape will keep changing. We believe these shifts bring new opportunities for us to provide you with more valuable benefits.
The Health Insurance Marketplace
The health insurance exchanges or marketplaces are intended for those who can’t get affordable coverage through their employers. You can shop in the marketplace and compare plans and prices. However, it’s unlikely that you’ll find a plan on the marketplace that provides better value than what NVIDIA offers.
If you aren’t eligible for NVIDIA benefits, buying coverage through the marketplace could be a great option for you. You can get started at www.healthcare.gov.