The Tennessee Department of Commerce and Insurance (TDCI) reminds Tennesseans seeking insurance coverage through the Federally Facilitated Marketplace that they must act by Tuesday, December 15th in order to have coverage by January 1st, 2016. O’Connor says, “If you can afford health insurance but you choose not to have coverage in 2016, then you are subject to a fee or penalty when you file your federal income taxes”.
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The enrollment figures suggest that more people have returned to HealthCare.gov to keep their insurance than at a comparable time past year.
A special enrollment session was held on February 15 in Nevada, during which time some 72,127 consumers signed up for health insurance coverage.
Earlier this week, U.S. Sen.
“I would caution you not to be overly swayed by any one or a handful of companies and whether they are making money or not”, said Andy Slavitt, acting administrator of the Centers for Medicare and Medicaid Services division of the U.S. Department of Health and Human Services. Federal marketing efforts are focusing on 10.5 million uninsured Americans who are eligible to buy coverage on the federal exchange and state insurance marketplaces.
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During the last enrollment period, almost half of the 4.2 million returning customers were automatically renewed. Some 2 million people so far have used new features on HealthCare.gov that allow consumers to search whether a given health plan covers their medicine or includes their doctors. “While we have more work to do, more than 1 million new consumers have signed up for affordable quality coverage in the 38 states that use HealthCare.gov. And existing Marketplace customers who have returned and shopped for a more affordable plan are paying less in premiums this year than they were paying last year”. “We’re feeling good about progress”, he said in a teleconference Wednesday. Enrollment closes on December 15 for coverage effective January 1 and on January 31 for 2016 coverage. Those that do not have insurance coverage are likely to face tax penalties from the federal government.
