Selections from What’s Trending This Week — February 20, 2015
The Numbers Are In!
On February 15, the second year of Open Enrollment came to a close, with over 384,600 Virginians selecting individual plans or re-enrolling on the federal marketplace.
Nationally, figures reached about 11.4 million consumers purchasing or renewing plans in both the federal and state-based exchanges.
If you’re one of the many who purchased health coverage on the marketplace this year, you may be asking yourself… “What now?”
Understanding your health coverage can certainly be overwhelming, but there is help! Click here for a “Coverage to Care Roadmap,” which includes information on coverage, providers, and appointments, as well as definitions of common health care terms and resources. To view the “Coverage to Care Roadmap” in Spanish, click here. If you have questions about coverage specific to your policy, you should get in touch with your provider.
3. What’s That?:
Special Enrollment Periods
Even though open enrollment on the federal marketplace has ended, you may still qualify to enroll for coverage!
Click here to see a full list of circumstances that may qualify you for participation in a special enrollment period. A few of these cases include major life events (birth, marriage, losing other coverage), exceptional circumstances, and enrollment errors.
Additionally, a special enrollment period has been announced for individuals and families who did not have health coverage in 2014 and are subject to the fee or “shared responsibility payment” when they file their 2014 taxes in states which use the Federally-facilitated Marketplaces (FFM). This special enrollment period will allow those individuals and families who were unaware or didn’t understand the implications of this new requirement to enroll in 2015 health insurance coverage through the FFM. This period will run from March 15 to April 30. If consumers do not purchase coverage for 2015 during this special enrollment period, they may have to pay a fee when they file their 2015 income taxes.