Affordable Care Act
The health care open enrollment period for 2015 has ended.
The health care marketplaces are now closed and most people are no longer eligible to enroll into a health care plan through healthcare.gov. This unfortunately means you may not have health care coverage for 2015, and may be subject to a federal tax.
That being said, there are certain qualifying life events that will allow you to have a special enrollment period. Those life events include:
- Getting married
- Having, adopting or placement of a child
- Moving to a new area offers different health plan options
- Loss of healthcare coverage (due to job loss, divorce, los of eligibility for Medicaid or CHIP, expiration of COBRA coverage, or your current health plan being decertified)*
- For people already enrolled in Marketplace coverage, having a change in income or household status that affects eligibility for tax credits or cost-sharing reductions
If you don’t qualify for the special enrollment period, the next open enrollment period starts November 15, 2015 for coverage that begins on January 1, 2016.
For more in-depth information about the Affordable Care Act, click the link below.
(You will be taken to a page off of the fred’s and fred’s Pharmacy website.)
*Voluntarily quitting other health coverage or being terminated for not paying your premiums are not considered loss of coverage. Losing coverage that is not minimum essential coverage is also not considered loss of coverage.