News from the Healthcare Insurance Exchanges
By Nancy Slanover
The time to act is now for 2016 health insurance coverage, including dental and vision plans. The open enrollment period to apply for new health coverage is November 1, 2015, to January 31, 2016. If you do not enroll in a health insurance plan through one of the exchanges through the Healthcare Insurance Marketplace, you cannot enroll for coverage again until the next open enrollment period unless you have certain life events, like getting married, having a baby or losing other coverage. You can apply for Medicaid or the Children’s Health Insurance Program (CHIP) at any time of the year.
for new health coverage is
November 1, 2015, to January 31, 2016.
Tax Credits to Help Pay Health Insurance Premiums
Your ability to qualify for assistance in paying your monthly health insurance coverage through the healthcare marketplace is based on three factors: your income, family size and where you land within a measurement known as the federal poverty level (FPL). If you make between 100% and 400% of the FPL, you may qualify for tax credits to help you cover the cost of your monthly health insurance premiums.
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