Review & Update your Income Reported on Covered CA by Barbara Kempen | Apr 27, 2022 | Affordable Health Insurance, Covered CaliforniaMany members enrolled in health insurance through the Covered California exchange accept premium assistance based on their income, age, zip code, and household size. If you are enrolled in health insurance through Covered CA, please make sure to do, at minimum, an...
Proposed Solution to “Family Glitch” Rule by Barbara Kempen | Apr 8, 2022 | Affordable Health Insurance, Tax CreditsOn April 6th, 2022, the Biden administration proposed a change to how the IRS calculates the affordability of health insurance for employees and their families. The affordability test is used to calculate if a household is eligible for premium assistance through...
1095 & 3895 Health Insurance Tax Forms by Barbara Kempen | Apr 6, 2022 | Affordable Health Insurance, Tax Credits, Tax PenaltyAs many Americans are still preparing their taxes before the April 18th deadline, please make sure that you have your 1095 (federal) & 3895 (state) tax forms and provide them to your tax preparer as they are required to complete your taxes. In California, there is...
New Special Enrollment Period Qualifying Life Events by Barbara Kempen | Mar 9, 2022 | Special Enrollment PeriodOnce the Special Enrollment Period started on February 1st, 2022, anyone looking to enroll in or change their health insurance must now have a qualifying life event to do so. A qualifying life event is a major life event that must occur within the last 60 days in...
What’s new with Covered California for 2022? by Barbara Kempen | Sep 22, 2021 | Affordable Health Insurance, Covered CaliforniaAs the annual Open Enrollment Period approaches this fall, there are some major changes to be aware of for your health insurance renewal. In 2022, Covered California ( Covered CA) premium rates will have a modest weighted average premium increase of 1.8% across...
