Avoid a Tax Penalty
It’s the law. All U.S. citizens and legal residents are required to have health insurance or face a tax penalty. Health insurance can include insurance through your job, coverage you buy on your own, or Medicare.
If you did not have coverage in 2015, you will be penalized when you file your 2015 tax return in April of 2016:
In 2016, the penalty goes up to:
Open Enrollment ended on Jan. 31, 2016 but certain life events may qualify you to enroll or change your health insurance coverage outside of the Open Enrollment Period within 60 days of the event.
We can help you:
Individuals in the following situations can get an exemption from the law:
Other exemptions could include:
Calculating an Affordability Exemption
If the lowest cost Bronze-level Marketplace plan available to you in 2015 cost more than 8.05 percent of your household income, you qualify for a health coverage exemption. This means you wouldn’t have to pay the fee for any months you were uncovered in 2015.
IMPORTANT: The only way to know if you qualify for this exemption is to complete your 2015 federal income tax return.
Find Your Lowest Cost Bronze-Level Plan
If you believe any of the above exemptions or circumstances applies to you, you can find the appropriate forms and more information here.
How to confirm your coverage
In January 2016, we will send you a Form 1095-A with more information on how to confirm your coverage and/or the amount of advance premium tax credit you received to help pay for your premiums in 2015. Learn more.
Calculate Your Savings
Use savings calculator to see if you will be able to lower the cost of your health insurance.
Help and Assistance
ND Navigator provides education on the topic of affordable health insurance options. They can provide assistance with enrollment and the application for financial assistance to reduce your monthly costs. Call us at 1-800-233-1737 or e-mail firstname.lastname@example.org
© 2017 ND Navigator Project