The Insurance Doctor

Category: Affordable Care Act

  • 4 Important Dates for ACA (ObamaCare) Enrollment

    4 Important Dates for ACA (ObamaCare) Enrollment

    Many of the new rules will go into effect in 2016 and ignorance is starting to get expensive! Some important dates include:open-enrollment-

    PROBLEM:

    Penalties are the greater of 2.5% of household income or $695/person!

    1. 11/1/2015: Open enrollment starts through the marketplace exchange for a 1/1/2016 start date.
    2. 12/15/2015: Last day to enroll for a 1/1/2016 start date.
    3. 1/15/2016: Last day to enroll for a 2/1/2016 start date.
    4. 1/31/2016: Last day to enroll for a 3/1/2016 start date and avoid paying a penalty. The last date to enroll for coverage until 2017 unless one qualifies for the SEP (special enrollment period).

    The SEP only comes into play if there’s a change in life or a change in status like getting married or losing coverage etc.

    SOLUTION: Contact us at 917-359-3985 or on our contact sheet.  We can clear up confusion and have access to non-traditional boutique plans that don’t have these deadlines and are priced reasonably.

  • URGENT: Special Enrollment Period Ends

    URGENT: Special Enrollment Period Ends

    The Special Enrollment Period (SEP) for health insurance ends this Thursday April 30th.

    Most folks will have to wait until 10/1/2015 to enroll for coverage which starts on 1/1/2016 at the earliest.  That’s 8 months with no coverage!

    health insurance, special enrollment periodWhat is the ‘SEP” special enrollment period? It’s a time outside of the open enrollment period during which you and your family have a right to sign up for health coverage.

    In the Marketplace, you qualify for a special enrollment period 60 days following certain life events from an approved short list that involves a change in family status (for example, marriage or birth of a child) or loss of other health coverage.

    Contact us here if you or loved ones are in this predicament as we have options to get immediate coverage.

    Please Note: It’s too late to avoid the “2015 penalty” by obtaining coverage now.

  • Agent or Broker? Why it Matters.

    Agent or Broker? Why it Matters.

    Robert discusses the important difference between an insurance agent or broker and which will save you substantial money when shopping for your health insurance policy.

  • Watch & Save or Ignore & Pay: ObamaCare Part 2/3

    Watch & Save or Ignore & Pay: ObamaCare Part 2/3

    Watch part 2 of our three part series on understanding and maximizing the benefits of Obamacare compliant health insurance policies.

  • Obamacare: What You Don’t Know May Cost You

    Obamacare: What You Don’t Know May Cost You

    Watch part 1 of our three part series on understanding and maximizing the benefits of Obamacare compliant health insurance policies.