The Affordable Care Act (ACA), commonly referred to as “Obamacare”, will open its enrollment period for coverage in 2017 from November 1, 2016 through January 31, 2017. The previous open enrollment period ended on January 31, 2016.
Those who have not obtained healthcare insurance coverage by the end of the upcoming enrollment period will not be allowed to enroll in an Obamacare health insurance plan unless qualified for the Special Enrollment Period. Only a handful of specific life events qualify one for enrollment in this extra period. The bottom line is that the uninsured should be making plans to obtain healthcare insurance right now.
Why You Need Healthcare Insurance in 2017
Those who fail to obtain healthcare insurance coverage either through an Obamacare exchange or a private health insurer will face a stiff tax penalty. Though these penalties do not apply to those who make so little money that they qualify for Medicaid, the fines have already put a serious dent in the budgets of countless Americans. Obamacare penalties have rapidly increased over the past few years. In 2016, uninsured individuals paid a fee of $695 per adult. Those age 18 and under were socked with a fee of $347.50. The fees maxed out at a total of $2,085 per family. This penalty will increase in 2017 and beyond.
The Lewis & Palmer Health Insurance Marketplace is Here to Help
If you are uninsured, do not assume that an Obamacare exchange will provide you with the cheapest and best healthcare coverage. It makes absolutely no sense to proceed uninsured and give the federal government even more of your hard-earned money in the form of a fine. Everyone needs and deserves healthcare coverage.
Lewis & Palmer’s approved health insurance marketplace offers extensive healthcare coverage that will provide you with an invaluable peace of mind. We offer individual health insurance as well as healthcare coverage for entire families. Our plans provide coverage that allows you to tap into an array of benefits, providers and deductibles. No matter what your budget looks like, there is an excellent chance you will find an affordable and suitable healthcare insurance plan through the Lewis & Palmer marketplace.
Do not go uninsured any longer. We invite all interested parties to browse through our health insurance plans. Be proactive and secure health insurance coverage today so you won’t have to worry about an accident, illness or health problem ruining your finances.