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Health Insurance Open Enrollment Thousand Oaks CA

Health Insurance Open Enrollment is Almost Here!

Integrity First helps with Covered California open enrollment starting November 1st.

Health insurance open enrollment begins on November 1st for 2016 and will run through January 31st, 2016.

The researchers found 36 percent of uninsured Californians don’t understand that federal tax subsidies to offset the monthly cost of insurance are available for eligible customers. The survey was conducted for Covered California and randomly sampled about 2,200 legal state residents ages 18 to 34.

The Affordable Care Act requires most Americans to get health insurance or face a tax penalty. Every year, the tax penalty will increase. In 2016, the fine for no health insurance coverage is 2.5% of your yearly household income or $695 per person, $347.50 per child under 18. The maximum penalty is the national average premium for a Bronze plan. So why not get insured?

At Integrity First Insurance, located in Thousand Oaks, California, we can help you select the right Covered California health insurance plans.  As an independent insurance agency, we offer a variety of plans which can be tailored to your needs and budget though Covered California Insurance Exchange or outside the exchange. Contact us today to get started!

Still Don’t Have Health Insurance? Don’t Worry!

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.

Contact the insurance professionals at Integrity First Insurance in Thousand Oaks, California for all of your Conejo Valley health insurance coverage needs.