Health Insurance open enrollment changes a bit each year. Be prepared for new dates, taxes, and costs this year!
Enroll in a Plan or be Prepared for Higher Taxes
You may have discovered when you filed your taxes last year that there is a fine for not securing health insurance. This year, that fine is going up even more. H&R Block reported that the average fine for not having health insurance in 2014 was $190. This year that number will go up to $695 per adult/$347.50 per child or 2.5% of your modified gross income.
Don’t be surprised come tax time! Find an affordable health insurance plan during open enrollment this year. You may qualify for subsidized coverage, making North Carolina health insurance much more reasonable than you think.
Change the Date: Open Enrollment 2016
Open Enrollment doesn’t fall on the same dates every year, and this year’s open enrollment period is even shorter than last year. Make sure you mark your calendar for November 1, 2015, through January 31, 2016. A shorter enrollment period means that more people will be trying to sign up for a North Carolina health insurance plan at the same time.
Plan ahead! You can cut down your wait time and get individualized attention by scheduling an appointment today with a local health insurance agent. With the help of an agent you get the expert help you need to make the best decision and ensure your application goes through with absolutely no cost to you.
Don’t Forget to Shop Around
Sticking with the same North Carolina insurance provider that you chose last year may not offer you the best value. When you are comparing plans be sure to consider:
Your current medical needs: Will your prescriptions and current doctors be covered?
According to the Department of Health and Human Services, those who did not shop around for the best coverage in 2015 overpaid on their annual premiums by around $2 billion. Don’t auto-enroll and leave money on the table! We can help you compare all of your options to find you the best savings!