Fact #1 Open Enrollment for 2015 individual health insurance plans begins November 15, 2014. Fact #2: You may apply for coverage outside the dates of Open Enrollment if you have a qualifying event. Fact #3: All individual and small group health insurance plans effective on or after January 1, 2014 must include coverage for 10 essential health benefits — things like preventive care, well visits to the doctor, hospitalization, etc.
Kevin Counihan, the new CEO of the Federal Health Insurance Marketplace (aka the Exchange or “healthcare.gov”), is predicting a much smoother roll-out of the ill-fated website than we saw last year. Should we be hopeful? Maybe. After all, Counihan was formerly in charge of Connecticut’s state-run health insurance exchange — one of the more successful exchanges out there. And he is touting the new and improved healthcare.gov as being so
April 15 may seem far away, but it is not too soon to think about your 2014 tax bill if you purchased health insurance through a state- or federally run health insurance exchange. If you’re getting help paying for your coverage in the form of tax credits that subsidize your monthly insurance premium, you must report any changes that could affect either your eligibility for a subsidy or the amount
This week’s big news surrounding the Affordable Care Act was the Obama administration’s announcement of a partial extension to the March 31 deadline for enrolling in 2014 health insurance. Another extension? Sort of. Before you believe you now have longer to enroll, remember it is a partial extension. And in fact, the administration is careful to call it a special enrollment period rather than an extension. Who Can Enroll in