InsuranceHealth.us Reminds Public that Obamacare Sign Ups for 2015 Start November 15th
Las Vegas, NV (PRWEB) November 15, 2014 -- As stated on Healthcare.gov, the official Federal Government website managed by managed by the U.S. Centers for Medicare & Medicaid Services, the law mandates that everyone must have health insurance with the introduction of the Affordable Health Care Act. For those who did without health insurance this year, November 15, 2014, will be the first day of open enrollment for the upcoming 2015 year. Mark the date on the calendar as there will be many people accessing the web in order to secure affordable health insurance for themselves.
The November 15th date is not only for Obamacare but also prospective Medicare recipients. Those looking to sign up for CHIP or Medicaid can do this at any time of the year as long as they can show a financial need and meet the qualifications for these programs.
The popularity of Obamacare has grown exponentially. Health plans offered are based on the size of the household and the income the household earns. This is the best way to ensure that the health insurance you receive is based on what you can afford, rather than what the insurance company would want you to pay. Preventative health care appointments are encouraged with these new plans, hence the popularity among those with younger members of the family.
The Affordable Care Act or Obamacare hopes to ensure that everyone can now afford health insurance. Due to the way in which the prices of these plans are structured and the fact that health insurance providers can no longer deny coverage based on any pre-existing conditions, everyone should be able to access the health insurance they need. These plans offer general health insurance coverage, as well as dental and vision insurance, which are usually optional, or supplemental health plans that an individual or family can opt in to if they see the need.
Those who do choose a health care plan through the Affordable Care Act often qualify for tax premiums that they would otherwise not get. In addition, the cost of the plan, including out-of-pocket expenses, is based upon annual income. Those who have less income can still afford the same quality health insurance as someone who is in a higher tax bracket, yet it will be at a more affordable price.
The sign up process is rather easy and with a reliable Internet connection can take a few minutes. Most people are able to sign up and purchase a new health insurance policy within one hour of starting the process. When signing up, basic information is collected which includes the number of people in the household, ages of those in the household and any coverage that the people may have already. The income of the person is also collected to determine what types of health insurance plans an individual or family can easily afford based on their annual earnings. After entering in this information, a person is given a list of health plans and providers along with the rates that are being charged in their local areas. If you live in Idaho, Nevada, or Oregon, your process for the 2015 enrollment has changed from last year. Learn about these changes in your state by visiting Healthcare.gov.
From there, a person can easily access the payment screen to start these policies.Those who do sign up during this open enrollment period will find that their policy will start as soon as January 1, 2015, or any date after this if they choose.
The deadline for this enrollment period is February 15, 2015. After the deadline passes, open enrollment is closed. This means that if you do not sign up now, you will not be able to sign up later. The only events that allow a person to sign up later are extenuating circumstances, such as a marriage, birth or death in the family or if one were to lose their current health insurance due to unemployment.
The Open Enrollment period for the upcoming year is also the time in which small businesses need to sign up for their own health insurance or for group plans for their employees. If the business misses this enrollment period, they are not going to qualify until the next open enrollment period which will not be until the later part of 2015.
Health insurance is not something that a person can do without. Not only will this result in larger health care bills, and many out of pocket expenses, but it also means the person can be penalized at the end of the year. These penalties are based on the number of dependents living in the household and the annual income earned. The penalty is usually 2% of the family income or it is $325 per person with children costing $162.50. The person will pay whichever amount is higher.
For those who were without health insurance during 2014, they may find a leniency if they qualify and appeal. However, it is not advisable that anyone forgo health insurance for the upcoming year.
The Open Enrollment period for Obamacare starts November 15, 2014. If you miss this enrollment period you will not be able to have affordable health insurance so mark the calendars and visit Insurance Health for help in choosing an affordable health plan that will meet all of your general health needs!
Marketing Department, Health Insurance, http://insurancehealth.us, +1 (855) 976-8481, [email protected]
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