March 31, 2016
Should you’re enrolled in a 2016 medical insurance plan, right here’s what it is advisable to know to about getting the total advantage of your well being protection and protecting it updated.
4 medical insurance ideas to make use of all 12 months
- Pay your first month’s premium to your plan in the event you haven’t already. You need to pay it every month to maintain your medical insurance advantages.
- Submit any lacking paperwork. Should you get a discover saying there are knowledge matching points or “inconsistencies” in your software, some data you supplied doesn’t match our information. To keep away from shedding your well being protection or financial savings, observe the instructions within the discover and submit paperwork.
- Replace your earnings and knowledge if it adjustments. Report any life adjustments — like adjustments in earnings, family measurement, or residence, or different protection presents — as quickly as they occur. These adjustments could have an effect on your insurance coverage protection or financial savings — and your tax invoice subsequent 12 months.
- You should definitely file your 2015 taxes. Should you had a 2015 plan with a premium tax credit score, you should file a 2015 federal earnings tax return. Should you don’t, you might lose any financial savings you’re getting on a 2016 plan.
Didn’t enroll in a 2016 medical insurance plan?
Open Enrollment for a 2017 well being plan begins on November 1. However in the event you qualify for a Particular Enrollment Interval, or Medicaid or CHIP, you may apply for 2016 protection now.