FAQs About the ACA 2015 Open Enrollment Period

As you may already know, the Affordable Care Act’s (ACA) 2015 Open Enrollment period is closing on February 15th, 2015. In order to better serve you, we’ve provided responses to a few of our most frequently asked questions (FAQs). If you have any questions that are not listed below, would like to learn more, or are ready to apply, please call us today: (704) 566-8181.

I’ve been hearing a lot about ACA and Open Enrollment. What is it exactly?

It is monetary assistance from the government that helps to pay for health insurance. The subsidy depends on your household size and household income. For more information about household incomes and qualifying for lower costs, here is a helpful chart.

When is the last day to apply for 2015 Open Enrollment, and what happens if I miss it?

The last day to apply is February 15th, 2015, and this is the absolute last day to apply for help and health insurance.

Who should take action during the ACA Open Enrollment period?

All legal residents and U.S. citizens can apply.

Is anyone exempt from ACA?

Non-legal residents are exempt. Low income families might also be exempt depending on various other factors.

How does the ACA affect Medicaid?

It does not affect Medicaid. You can have either Medicaid or ACA but cannot have both, and Medicaid for adults depends on each state’s regulations.

What happens if I don’t enroll?

Each individual and child will be assessed a penalty for not having health insurance during 2015. To learn more about this, click here.

What is the Special Enrollment Period (SEP), and who qualifies for it?

The SEP is anytime outside of the ACA Open Enrollment Period and is for people to apply who have qualifying life changes, which include having a baby, getting married, or even moving to another state.

How can Latorre Insurance help me apply for the ACA 2015 Open Enrollment?

In addition to helping you through the entire application process, we will also help in selecting a health insurance plan that best fits your needs with Blue Cross Blue Shield.

Ready to apply? Contact us today.