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New Special Enrollment Period to get Health Insurance Coverage through the Marketplace

3/18/2015

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According to Healthcare.gov you may still enroll into a health insurance plan even though it is past the Open Enrollment Deadline of Feb 15th.  If you did not enroll into a plan for the 2014 year and owe a penalty on your 2014 Income Taxes you qualify for this Special Enrollment Period and may choose a plan to cover you for the rest of 2015. You may also apply for a tax subsidy to help cover a portion of the cost of the monthly premiums (income qualifications apply).   

This new Special Enrollment Period began on March 15th and runs through April 30th.  

The "shared responsibility payment" or fee for not having creditable coverage is increasing every year and each year you go without having coverage will increase the tax penalty you will owe when you file taxes.  We at TLC don't necessarily agree with this government mandate but it is a fact that we all have to consider when declining to have health insurance coverage moving forward.  
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Milford Office: 1160 State Route 28 Milford, OH 45150  |  Mason Office: 5325 Deerfield Blvd. Suite 108 Mason, OH 45040
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Medicare Disclosure: "We do not offer every plan available in your area. Currently, we represent 8 organizations which offer hundreds of plans in your area. Please contact Medicare.gov, 1–800–MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options."

This website is a solicitation of insurance and financial products.  By providing us with your contact information you agree that a licensed insurance advisor may contact you via telephone, mail or email to answer your questions and provide additional information about Medicare plans, Life Insurance, Health Insurance and/or Retirement Planning.  Any guarantees mentioned are backed by the financial strength and claims paying ability of the issuing insurance company.  Information provided is not intended as tax or legal advice and should not be relied on as such.  Neither The Legacy Council, nor Jack or Justin Seitz are affiliated with or endorsed by the Social Security Administration or any other government agency.  
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