We thought open enrollment for individual health insurance had ended on February 15 for 2015, but some people have been given a second chance to still enroll.
This second chance is for consumers who:
1. Did not enroll in coverage for 2015 through the Federally-facilitated Marketplaces (FFMs);
2. Were subject to the Shared Responsibility Payment for 2014 ($95 or 1 percent of income, whichever is greater); and
3. Given that 2014 was the first year for such a requirement, first became aware of, or understood the implications of, the Shared Responsibility Payment after the end of open enrollment (February 15, 2015) in connection with preparing their 2014 taxes
We know many people are just now really understanding about the tax penalties for not having insurance as they file taxes this year. If you qualify for this special enrollment period, and you enroll on the first day of Sunday, March 15, your insurance will start on April 1, 2015. From March 16th to April 15th, your insurance will start on May 1, 2015. From April 16th to April 30th, your insurance will start June 1, 2015.
If we can help, please give us a call. Please remember, agents are free to use, the price is the price no matter how you enroll, but we provide expert advise so you pick the right policy for your individual needs. Health Plans Raleigh 919-977-1272.