Health Coverage


DO YOU OWE A FEE for not having health coverage in 2014? You may still be able to get coverage for 2015!

Open enrollment for 2015 is over. BUT if you owe a fee on your taxes for not having health coverage in 2014 AND don’t yet have health coverage for 2015, you may still be able to get coverage for 2015.

In 2015, the fee for not having health coverage INCREASES TO $325 PER PERSON – or 2% of your household income – whichever is higher.  This fee generally applies if you can afford to have health coverage but choose to remain uninsured – although you may not have to pay the fee if you qualify for an exemption.  If you don’t have coverage for the remainder of 2015 you’ll risk having to pay the fee again next year for the portion of the year you don’t have coverage.

IN ORDER TO TAKE ADVANTAGE OF THIS SPECIAL ENROLLMENT PERIOD, you must meet all of the following requirements:

  1. You didn’t know that the health care law required you and you household to have health coverage until after February 15, 2015, or you didn’t understand how the requirement would affect you or your family.
  2. You owe the fee for not having coverage in 2014.
  3. You aren’t already enrolled in 2015 qualifying health coverage.


If all of these apply to you, you are eligible for a Special Enrollment Period that allows you to enroll in a 2015 plan. You also may be able to get lower costs on monthly premiums. Eight out of 10 people can find coverage for $100 or less a month with tax credits through the Marketplace.

The Special Enrollment opportunity runs from March 15 through April 30, 2015.

Contact Pardridge Insurance at 815-758-4447 to help answer your questions and get you a head start on health coverage for the year!

April 13th, 2015 by Pardridge Insurance Agency, Inc.