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OBAMACARE - Did you know. . .

That you may qualify for a premium tax credit?  With the Affordable Care Act (ACA), you could be eligible for special enrollment?
  
That once the open enrollment has ended, you might still be able to obtain healthcare insurance, if you have one of the "Life Changing Events" as noted with the ACA?

IMPORTANT:
When you apply, you must attest that the information you provide on the application is true, including the facts that qualify you for a Special Enrollment Period. You may be asked to provide documents that prove your eligibility to enroll.

Open enrollment for 2016, has ended.  The next open enrollment period should begin Nov 1 2016 - Jan 31 2017,  At this time you will be able to select your health insurance plan(s) for the 2017 calendar year.

Failure to have healthcare coverage for a full 12-month period, you will be assessed a penalty when you
file your yearly income taxes.  See the information below, or check out
healthcare.gov.

Penalty Fees – Income Taxes Filed for 2016

The fees are as follows:

  • *    $695 for each adult and $347.50 child,
         but not more than $2,085 per family
  •     Or 2.5% of your family's yearly taxable income, whichever is greater.    

 

Penalty Fees – Income Taxes Filed for 2015

The fees are as follows:

  • *    $325 for each adult and $162.50 for each child,
         but not more than $975 total per family
  • *    Or 2% of your family’s yearly taxable income, whichever is greater.

 

Penalty Fees – Income Taxes Filed For 2014

The fees are as follows:

  • *    $95 for each adult and $47.50 for each child,
         but not more  than $285 total per family
  • *    Or 1% of your family’s yearly taxable income, whichever is greater.

 

Insuring: Gurnee, Waukegan, Zion, Mundelein, Libertyville, Grayslake, Antioch, Ingleside, Round Lake, Round Lake Park, Round Lake Beach, Beach Park and Great Lakes, Illinois as well as Kenosha, Racine and Pleasant Prairie, Wisconsin. Along with other areas in Lake County, IL and we are a short 40 miles north of downtown Chicago.

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