The process is simple and requires very little documentation when applicants meet with an HFG representative over the phone or in person at their office in Paso Robles.
Paso Robles, CA (PRWEB) September 10, 2016
Covered California, the marketplace for enrolling in California health insurance, closed the doors on open enrollment on January 31, 2016. HFG Coastal Insurance, a Paso Robles insurance company that specializes in assisting applicant enrollment in Covered CA, recently released a report discussing the record number of new enrollments and the options available to those who missed the deadline.
HFG has been writing and servicing health insurance policies for over 20 years. When the Affordable care act was passed in 2010, HFG began to prepare for the inevitable changes in the health insurance market place and the introduction of Covered California so they could hit the ground running when the program was unveiled. All California residents may take advantage of this service to ensure they receive the right health coverage for the best price each year. The HFG Coastal Insurance Paso Robles office was open every Sunday in January to ensure all applicants received adequate coverage before the deadline.
By the end of the day on January 27, Covered CA had over 329,000 new enrollees. On January 29, just two days before enrollment closed, Covered CA announced that all applicants who started the enrollment process before January 31 would be allowed an extension, giving them until February 6 to complete their enrollment. The resulting influx of over 100,000 enrollees within the following 3 days pushed the number of new enrollees to an all-time high of more than 425,000 people. In conjunction with the approximately 1,149,000 renewals, the total number of individuals now insured through Covered CA is up to 1.6 million.
However, millions of California residents remain uninsured in a qualified health plan. For those individuals, there are still options. The most common way people enroll in Covered CA once the open enrollment deadline has passed is through a “qualifying event”.
Qualifying events may include:
- Involuntary loss of other coverage
- Becoming a dependent
- Gaining a dependent (through childbirth, adoption, etc)
- Marriage or entered into domestic partnership
- Becoming a US citizen
- A permanent move to/within California
- An error in enrollment
- Employer-sponsored coverage reduces benefits or becomes unaffordable
Additionally, some residents are eligible to enroll in qualified health plans year-round, including Native Americans, and those who qualify for Medi-Cal and CHIP. Speaking with a HFG Coastal Insurance Paso Robles representative will help residents determine their best options for enrollment in 2016.
Many private insurance companies in California have opted to discontinue their involvement with the Covered California marketplace because of its increased complexity. HFG has recently assisted many clients who were referred from agencies that are not as experienced with the open enrollment. While health insurance is just one of HFG’s specialties, each agent employed with HFG has a particular insurance specialty, such as home, auto, life, or workers compensation. This diversity ensures that clients work with a specialist in every field of insurance they require.
HFG health insurance and employee benefits specialist Sarah Hinds states, “I don’t want my clients calling Covered CA or the insurance companies. Whatever the issue is, I can fix it much faster.” The process is simple and requires very little documentation when applicants meet with an HFG representative over the phone or in person at their office in Paso Robles.
Any individual who did not enroll or re-enroll in a qualified health insurance plan before the January 31st deadline will be subject to the penalty, which is $695 per adult and $347.50 for each child in a household up to $2085 per family or 2.5% of their income whichever amount is higher.
To avoid these fines and find out if you still qualify for 2016 enrollment, please call (805) 239-7443 or visit the HFG Coastal Insurance website at http://hfginsurance.net/ today.
HFG Coastal Insurance Services, Inc.
1818 Spring Street
Paso Robles, CA 93446
Press release by Paso Robles online marketing service Access Publishing, 806 9th Street, #2D, Paso Robles, CA 93446 (805) 226-9890.