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ACA enrollment extension granted to some individuals

While the official deadline for enrollment in Qualified Health Plans (QHP) under the Affordable Care Act remains Monday, March 31st, some individuals may be granted an extension.  HHS and the Centers for Medicare & Medicaid Services (CMS), who oversee the federal exchange at healthcare.gov, will allow individuals who start their application by March 31st but are unable to finish, to complete their enrollment in the first weeks of April.  Beyond that, only individuals who qualify for a Special Enrollment Period may enroll in a qualified health plan between April 1st and November 15th.  You can read a more detailed article on the ACA enrollment extension, here.

Questions about whether this affects you, and what your options might be if you miss the deadline?  Call SASid and speak with a licensed insurance agent: 877-267-3752

Open Enrollment Deadline Nearing: March 31st, 2014

The Open Enrollment period for Qualified Health Plans comes to a close on March 31st, 2014. What exactly does that mean for you?  If you haven’t enrolled in a qualified health plan by March 31st you may be subject to tax penalties of $95 per adult/$47.50 per child (maximum of $285 per household) or 1% of your household income, whichever is the greater of the two. If you miss the deadline, you will have to wait until November 15th (unless you qualify for a Special Enrollment Period), the proposed date when open enrollment begins for 2015.

REALTORS® Insurance Marketplace provides NAR members with the ability to quickly compare and apply for Qualified Health Plans through the private Members Health Insurance Exchange. With this private exchange there is no need to navigate through the potentially cumbersome sign-up process of the public exchanges. Our private exchange is easy to use and there are licensed benefit specialists available to help you.

Click here to get your qualified health insurance quote:  Members Health Insurance Exchange

Or you can call SASid to speak to a licensed insurance agent: 877-267-3752.