March 15, 2015
Open enrollment for 2015 is over. However in the event you owe a charge in your taxes for not having well being protection in 2014 and don’t but have well being protection for 2015, you should still have the ability to get protection for 2015.
In 2015, the charge for not having well being protection will increase to $325 per individual or 2% of your family earnings – whichever is increased. This charge typically applies in the event you can afford to have well being protection however select to stay uninsured – though it’s possible you’ll not need to pay the charge in the event you qualify for an exemption. When you don’t have protection for the rest of 2015, you’ll threat having to pay the charge once more subsequent 12 months for the portion of the 12 months you don’t have protection.
The excellent news is that the Well being Insurance coverage Market® is offering people and households who’re topic to the charge after they file their 2014 taxes with one final likelihood to get coated for 2015. So as to benefit from this Particular Enrollment Interval, it’s essential to meet the entire following necessities:
- You didn’t know that the well being care legislation required you and your family to have well being protection till after February 15, 2015, otherwise you didn’t perceive how that requirement would have an effect on you or your loved ones.
- You owe the charge for not having protection for a number of months in 2014.
- You aren’t already enrolled in 2015 via the Well being Insurance coverage Market® or outdoors the Market.
If all of those apply to you, you’re eligible for a Particular Enrollment Interval that permits you to enroll in a 2015 plan. You additionally might be able to get decrease prices on month-to-month premiums. Eight out of 10 individuals can discover protection for $100 or much less a month with tax credit via the Market.
The Particular Enrollment alternative runs from March 15 via April 30, 2015.
Get began on HealthCare.gov, or contact the Market Name Middle at 1-800-318-2596 to start out your enrollment over the cellphone.
Please word:
- When you owe a charge for not having protection in 2014 however are already enrolled in a 2015 Market plan, you may’t use this Particular Enrollment Interval to modify plans.
- Even in the event you get protection via this Particular Enrollment Interval (SEP), you continue to need to pay the 2014 charge.
- You don’t have to have filed your 2014 taxes earlier than enrolling with this SEP—you simply need to owe the charge.
- If any individual in a family meets the standards for this SEP, everybody within the family can enroll in protection with it.