Published on March 15, 2015
Open enrollment for 2015 is over. But if you happen to owe a price 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 price for not having well being protection will increase to $325 per individual or 2% of your family earnings – whichever is increased. This price usually applies if you happen to can afford to have well being protection however select to stay uninsured – though it’s possible you’ll not need to pay the price if you happen to qualify for an exemption. If you don’t have protection for the rest of 2015, you’ll danger having to pay the price once more subsequent yr for the portion of the yr you don’t have protection.
The excellent news is that the Health Insurance Marketplace® is offering people and households who’re topic to the price once they file their 2014 taxes with one final probability to get lined for 2015. In order to make the most of this Special Enrollment Period, you have to meet the entire following necessities:
- You didn’t know that the well being care regulation 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 price for not having protection for a number of months in 2014.
- You aren’t already enrolled in 2015 qualifying well being protection by means of the Health Insurance Marketplace® or outdoors the Marketplace.
If all of those apply to you, you’re eligible for a Special Enrollment Period that permits you to enroll in a 2015 plan. You additionally could possibly get decrease prices on month-to-month premiums. Eight out of 10 folks can discover protection for $100 or much less a month with tax credit by means of the Marketplace.
The Special Enrollment alternative runs from March 15 by means of April 30, 2015.
Get began on HealthCare.gov, or contact the Marketplace Call Center at 1-800-318-2596 to start out your enrollment over the cellphone.
Please notice:
- If you owe a price for not having protection in 2014 however are already enrolled in a 2015 Marketplace plan, you possibly can’t use this Special Enrollment Period to modify plans.
- Even if you happen to get protection by means of this Special Enrollment Period (SEP), you continue to need to pay the 2014 price.
- You don’t must have filed your 2014 taxes earlier than enrolling with this SEP—you simply need to owe the price.
- If any individual in a family meets the standards for this SEP, everybody within the family can enroll in protection with it.