TaxACT and GetInsured Join Forces
Together,
"Many Americans who were uninsured in 2014 are getting their first real exposure to the Affordable Care Act when they file their taxes and learn they owe a penalty," said
In a release,
When is the special enrollment period?
It began
Who is eligible for the special enrollment period?
You are eligible if you meet all of the following requirements:
-You owe a penalty, also known as an individual shared responsibility payment, for not having health insurance in 2014
-You didn't know about or understand the new law requiring you and everyone in your household to have health insurance
-You currently do not have health insurance through the federal marketplace, healthcare.gov
Many states with their own marketplaces have also extended enrollment, including
Why should I enroll in health insurance?
Uninsured taxpayers will have to pay higher penalties for 2015. The maximum penalty amount for 2014 was the greater amount of 1 percent of household income or
Even if you obtain insurance during the special enrollment period, you may still have to pay a penalty when you file next year's tax return if you were uninsured for three or more consecutive months in 2015, the group noted. Obtaining health insurance by
How do I know if I have to pay the 2014 penalty?
Go to www.TaxACT.com and answer TaxACT Free Federal Edition's easy questions about your health insurance, income and expenses. If you have to pay the individual shared responsibility payment,
Can I still get insurance after
You can only purchase coverage during the annual open enrollment period or if you or someone in your household experience a change in household size, circumstance, or status, such as:
-Marriage, divorce or legal separation
-Having a baby or adopting a child
-Loss of health coverage, e.g. termination from employer- sponsored health insurance
-U.S. citizenship
How do I learn more about my insurance options or apply for coverage?
Visit GetInsured.com to compare plans from top providers. You can also speak directly with one of GetInsured's licensed insurance brokers by calling (855) 675-3413 -- just be sure to mention your tax penalty.
GetInsured is a cloud-based health insurance exchange platform that combines modern technology and customer service capabilities to make health insurance shopping easy and efficient.
More information:
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