Health Insurance Enrollment Period And Deadlines
With the election of Donald Trump as our next president, there is much speculation and debate as to what the future will bring for the Affordable Care Act (ACA) also known as Obamacare. Although changes are part of the discussion for the future of the ACA, what those changes will look like are not yet known. President elect Donald Trump does not take office until January 20, 2017 so nothing will even start to happen until after the inauguration. And even then, it will take time to implement any changes that will be made.
It is important to understand that health insurance is still mandatory for 2017 and the deadline for signing up is December 15th. If you do not, you will be subject to potential tax penalties. Consult your tax professional to better understand the tax penalty for not having health insurance. Don’t wait until the last minute. Please give us a call today at 877-577-8020 and we will be glad to walk you through the process and help answer any questions you may have. Feel free to explore our website as well as answers to many questions you may have can be found. We look forward to serving your needs. December 15th is right around the corner. Don’t miss the deadline.
- November 1, 2016: Open Enrollment started — first day to enroll, re-enroll, or change a 2017 insurance plan through the Health Insurance Marketplace. Coverage can start as soon as January 1, 2017.
- December 15, 2016: Last day to enroll in or change plans for coverage to start January 1, 2017.
- January 1, 2017: 2017 coverage starts for those who enroll or change plans by December 15.
- January 31, 2017: The end of Open Enrollment for 2017. Prohibited from enrolling into an Individual Health Insurance plan without a Qualifying Event for a Special Enrollment Period (SEP).
Kevin Michaels – Managing Partner, KSS Insurance
