The open enrollment to apply for health insurance ends Janaury 31st 2016, there are still some Californians who decides not to carry health insurance . Here are is an overview of the tax penalty for 2016 . What happened if I do not pay health insurance in 2016? ● 2016 tax penalty: the annual individual responsibility payment is the greater of ○ 2.5%of the taxpayer’s household income that is above the tax return filing threshold for the taxpayer’s filing status, or ○The taxpayer’s flat dollar amount, which is$ 695 per adult and $347.50 per child, limited to a family maximum of $2085. ● However the total payment amount is capped at the cost of the national average premium for a Bronze level hath plan available through the Marketplaces in 2016 […]
If you want to make changes to your health insurance in California for an effective date for January 1st, 2015. You have to act now as the deadline is Monday December 15th. As an independent health insurance agent I have been in contact with many of my clients and I see the following trends for the […]
From now on until December 15, 2014 health insurance enrollees of Covered California can change their health insurance plan and report changes such as a new address or a different income. To do this follow these steps: Contact your Health Insurance Agent who will help you to renew your current health insurance for 2015 , or if […]
The Annual Open Enrollment starts October 15th and ends December 7th. In this period Medicare eligible Americans should review their Medicare Advantage and Prescription Plans to see if the plans of 2015 still fits their needs. Please reevaluate if you are taken any new prescription drugs of if possible your existing Medicare Advantage Plan is […]
Covered California announces rates for 2015; the Los Angeles region will have a 4.3 % price increase which is 0.1% higher than the 4.2% state average these are welcome news for all Angelnos. Ten insurance carrier participating in Covered California 2014 remain in 2015. Aetna, UHC, Assurant and Cigna are still not partnering with Covered California. Kaiser […]
The Open Enrollment Period for obtaining Health Insurance under the Affordable Care Act ends March 31, 2014. More than 1.7 million Californians have signed up since October 1st, according to the state exchange ,Covered California . At least approx. 630,000 applicants are eligible for federal tax subsidies. Another 877,000 Californians were determined to be eligible […]
Anthem raises health insurance premium In April up to 25% on their grandfathered Plans – It makes sense to switch!
Obviously Anthem of California does want to get rid off their grandfathered plans in California. The announcement of a premium increase of up to 25 percent on their grandfathered plans, due to increasing health care cost is pretty unreasonable, otherwise Anthem’s new ACA ( affordable care act) plans should have been also increased. In my […]
Good News for existing Anthem Blue Cross and Blue Shield policy holders California! Insurance Dave Jones was able to extend the premature cancellation of 104,000 individual market health insurance policies by Anthem Blue Cross. Anthem had been canceling “non-grandfathered individual-market policies”, the kind of policies with which people get more benefits and possibly lower rates from Covered […]
It has been more than a rocky start to find affordable health insurance for 2014 in Los Angeles and throughout California. Not only computer glitches, long telephone waiting line but more important missing information such as provider networks and final approved insurance rates causing millions of Californians to delay their final decision which insurance plans to […]
Small Business Renew Early to avoid Rise in Premium in their group health insurance plans in Los Angeles
Small Businesses in Los Angeles renew early their current group health insurance plan to avoid rise in premium rates in 2014, while implementing the ACA ( Affordable Care Act ) health plans. With some of the recent changes brought on by the new health care reform, many small business are finding ways to circumvent some of the frustrations […]
About Barbara SchmalzBarbara's strong sense of organization and hard work has allowed her to be a successful business expert in Los Angeles for 20 years. After handling the insurance matters for a manufacturing company for 5 years, Barbara decided to found Solid Health Insurance Services.
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