For those who were unaware or didn’t understand the implications of the penalty for not enrolling in coverage, CMS will provide consumers with one last opportunity to purchase health insurance coverage from March 15 to April 30. If consumers do not purchase coverage for 2015 during this special enrollment period, they may have to pay a fee when they file their 2015 income taxes.
Those eligible for this special enrollment period live in states with a Federally-facilitated Marketplace such as Texas and:
- Currently are not enrolled in coverage through the FFM for 2015,
- Attest that when they filed their 2014 tax return they paid the fee for not having health coverage in 2014, and
- Attest that they first became aware of, or understood the implications of, the Shared Responsibility Payment after the end of open enrollment (February 15, 2015) in connection with preparing their 2014 taxes.
The special enrollment period will begin on March 15, 2015 and end on April 30, 2015. If a consumer enrolls in coverage before the 15th of the month, coverage will be effective on the first day of the following month.
Other qualifying events that might provide a Special Enrollment Period for you and your family include:
- Got married or divorced
- Had a baby or adopted a child
- Lost your job based insurance
- Moved outside your health plan’s coverage area
- Gained citizenship or lawful presence in the U.S.
- A member of a federally recognized Native American tribe
Please contact us to discuss your possible qualifying event to determine if you’e eligible to enroll in a health insurance plan.