For anyone who missed the deadline to sign-up for health insurance, here is an article outlining your options for how to get health insurance now that the deadline has passed.
The deadline has passed to enroll for 2014 health insurance coverage through the new state and federal exchange websites. In certain states, residents who contacted their exchange on or before March 31 will be able to complete their applications and get insurance for this year. If you did not begin the sign-up process in time, though, you face a potential tax penalty unless you qualify […]
How to get an exemption
Canceled coverage. If you were insured last year and your health plan was canceled in the fall of 2013, you may get a hardship exemption. You can still get a catastrophic-coverage plan, which likely has a cheaper monthly premium to you, but also a higher deductible, the amount you pay for medical services before any insurance kicks in. You’ll need to contact your state’s exchange.
Affordability. If the premiums for the lowest-cost insurance available would cost more than 8 percent of your household income, you won’t be penalized for remaining uninsured. You would claim this on your 2014 tax return. You may be able to get a catastrophic-coverage plan on your state’s marketplace.
Hardships. You can claim economic hardship for a number of reasons (see this complete list), including:
- You experienced “financial or domestic circumstances,” such as unexpected events, that prevented you from getting coverage
- Buying a qualified health plan would cause you “serious deprivation of food, shelter, clothing, or other necessities.”
- You are homeless
- You were evicted in the last six months or were facing eviction or foreclosure
- You recently were a victim of domestic violence
- You filed for bankruptcy in the last six months
- You had medical expenses you were unable to pay in the last two years
- You had unexpected expenses in caring for an ill, disabled or aging family member
Click here to view original web page at How to Get Health Insurance After the March 31 Deadline
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