Connect for Health Colorado updates - CAC Program application open

• “Connect for Health Colorado is accepting applications for its Certified Application Counselor (CAC) program on an ongoing basis. The CAC Program is an unfunded initiative that establishes designated organizations as Connect for Health Colorado certified partners that help clients with enrolling in subsidized private insurance through the marketplace. For additional information, please contact Kevin Finder, CAC Program Coordinator, at (720) 496-2547 or CACprogram@connectforhealthco.com.
• Anyone who received advance payments of the premium tax credit in 2014 and missed the April 15 deadline or received an extension to file a tax, should file their return as soon as possible this summer to ensure they can receive advance payments next year. Waiting until the IRS deadline for an extension could complicate their renewal. Anyone who does not file a 2014 tax return: will not be eligible for advance payments of the premium tax credit or cost-sharing reductions in 2016, will be responsible for the full cost of their premium and covered services in 2016 and may be asked by the IRS to pay back some or all of the 2014 advance payments. More information here.
• The IRS reported this year that 7.5 million tax filers have paid the penalty for not having coverage in 2014. The average amount was $200, according to Kaiser Health News.
• The merger of two major health insurers, both active in the Colorado market, is making headlines nationwide. The Denver Business Journal has a look from the Colorado angle.” [Source: Connect for Health Colorado]