Thursday, March 13, 2014

Connect for Health Colorado Updates

Understanding the March 31 Deadline:  The deadline for uninsured Coloradans to enroll in commercial health insurance for 2014 is March 31. After that, uninsured Coloradans cannot get commercial coverage until 2015 unless they have a special circumstance, such as losing a job that provided coverage or moving to the state. The next open enrollment period will be November 15, 2014 to February 15, 2015. Coloradans can apply for Medicaid and Child Health Plan Plus at any point during the year. More information is available here.

Individual Penalty for Not Having Health Insurance May Be Higher Than You Think: The penalty for not having health insurance in 2014 is not as simple as many people think, and probably more than the $95 minimum under the federal health law. The Tax Policy Center has an ACA Tax Penalty Calculator that can show the penalty amount with just a few clicks. Click here for the calculator. National Public Radio has a new story about the penalty here.”  [Source:  Connect for Health Colorado]

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