Special Enrollment Period for Health Insurance
Even though the open enrollment period to invest in health insurance ended on February 15th, you still have a chance to enroll in a policy to ensure that you do not have to pay the fine. Covered California is offering a special enrollment period for those who were not aware of the tax penalty for not having health insurance in 2014, or learned that they may now face a fine in 2015.
The special enrollment period runs from now until April 30th, and gives people the chance to be covered with the right health insurance policy if they are not already. In order to qualify, you must prove that you were not aware of the penalty for not having health insurance by selecting the “Informed of Tax Penalty Risk” on the Covered California website.
Along with the new special enrollment period, there are other qualifying life events that can qualify you for a special enrollment period so that you can sign up for health care. Some of the most common qualifying life events include:
- Getting married, entering into a domestic partnership, or getting a divorce.
- Having a child, putting a child up for adoption, or adopting a child.
- Moving your permanent residence to a different state that does not offer the same health plan that you are currently enrolled in.
- Having a change in your income that effects your eligibility for cost sharing reductions or other government assistance.
- Being a member of a federally recognized Alaska Native or American Indian tribe. If you fall into this category, you can change your health insurance plan, or enroll in a plan once a month.