The End is Coming!
Currently – for 2014, the last day for individuals to sign up for Health Insurance in the Marketplace is March 31st for a May 1, 2014 effective date. If you do not have Health Insurance by then – You will be subject to a penalty of either 1% of your gross income or $95 whichever is greater.
If you have not signed up- Because you think your congressional representative will replace it – Rethink – 4,000,000 people have already signed up – And your congressional representative voted for it.
If you have not signed up –Because you are not sure how it affects you – Then find out by calling, faxing, or emailing – I will be delighted to assist you!
There is no deadline for groups. Groups offer its employees varied plans – For example, the owner may desire a Gold or Platinum Plan, which is expensive – and offer a Silver Plan to its employees because the employer must pay half of the least expensive plan selected. To help small groups pay for Health Insurance the government is offering tax credits for companies with less than 26 employees.
Bernie Goldman, Health Insurance Specialists. 214-348-8016