Open enrollment for major medical health insurance is restricted to only a few months per year, usually November through January. To get enrolled outside of open enrollment you will need to qualify for a Special Enrollment Period, or SEP. If you qualify, in most cases you have 60 days to enroll from the date of […]
What Are The Exemptions for Obamacare?
The tax penalty for not having health insurance in 2016 can be no more than 2.5% of your annual income. This amount will be deducted from your income tax return when you file taxes and therefore could significantly lower your tax return or even cause you to owe money. If you have gone without health […]
What is the Penalty for not Getting Obamacare?
Calculate the Cost of not Getting Obamacare Your Gross Income: Result: Calulate Penalty Explanation Health care reform, which is commonly referred to as Obamacare, has caused a lot of worry among both those who have health insurance and those who do not. One of the major concerns of health care reform is that every single […]
What Does Obamacare Do?
The term ‘Obamacare’ has become a popular reference to several aspects of the Obama administration’s health care reform. It is most accurately used when referencing the actual laws and new stipulations that the Affordable Care Act (PPACA) places on health insurance plans. However, I feel it is more commonly used to reference any kind of […]
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