HENDRICKS: Obamacare has survived a Supreme Court challenge and a presidential election. So now what? Christine Romans takes a look at what it means for you and your money in this week's "Smart is the New Rich."</s>CHRISTINE ROMANS, CNN BUSINESS CORRESPONDENT: The battle over health reform is over. The Supreme Court has ruled and now the president has been re-elected. The centerpiece of the legislation, when everyone has to have health insurance or pay a penalty, doesn't go into effect until 2014. Several key pieces of the new law take effect next year. First, if you're a big earner, your taxes are going up. A new Medicare surtax means an individual making $250,000 is going to pay $450 more a year into Medicare. A family earning say half a million dollars is going to pay $2,250 more. On top of that, high income families may also be subject to a new 3.8 percent Medicare tax on investment income. That is high earning families. Next, if you contribute to a flexible spending account, the maximum amount you can set aside is $2,500. So if you're in the middle of open enrolment now, please plan accordingly. Finally, lots of work is happening to get state health insurance up and running. There is where you're going to go to compare and buy plans if you need insurance. Enrolment is supposed to start next October, less than a year from now. So far, only 14 states in Washington, D.C. are planning to establish their own exchange. They're the ones in blue here. Other states have opted to partner with the federal government or just let the government come in and run it altogether. States face a November 16th deadline, this Friday, to say where they stand. I'm Christine Romans with this week's "Smart is the New Rich."</s>HENDRICKS: Christine, thank you for breaking that down for us. Coming up, a pro golfer playing in a tournament faces a tough obstacle. He felt so sick he almost stopped playing. Instead, his story shows unusual toughness. You got to stick around for this.
What Obamacare Means for You