Friday, February 20, 2015

CMS ANNOUNCES SPECIAL ENROLLMENT PERIOD


 

The Centers for Medicare & Medicaid Services (CMS) announced today a special enrollment period (SEP) for individuals and families who did not have health coverage in 2014 and are subject to the fee or “shared responsibility payment” when they file their 2014 taxes in states which use the Federally-facilitated Marketplaces (FFM). This special enrollment period will allow those individuals and families who were unaware or didn’t understand the implications of this new requirement to enroll in 2015 health insurance coverage through the FFM.

 

For those who were unaware or didn’t understand the implications of the fee for not enrolling in coverage, CMS will provide consumers with an opportunity to purchase health insurance coverage from March 15 to April 30.  If consumers do not purchase coverage for 2015 during this special enrollment period, they may have to pay a fee when they file their 2015 income taxes.

 

Those eligible for this special enrollment period live in states with a Federally-facilitated Marketplace and: 

  • Currently are not enrolled in coverage through the FFM for 2015,
  • Attest that when they filed their 2014 tax return they paid the fee for not having health coverage in 2014, and
  • Attest that they first became aware of, or understood the implications of, the Shared Responsibility Payment after the end of open enrollment (February 15, 2015) in connection with preparing their 2014 taxes.

The special enrollment period announced today will begin on March 15, 2015 and end at 11:59 pm E.S.T. on April 30, 2015.  If a consumer enrolls in coverage before the 15th of the month, coverage will be effective on the first day of the following month. 

Wednesday, February 4, 2015

HOUSE VOTES TO REPEAL OBAMACARE


The House voted Tuesday to repeal the Affordable Care Act, getting Republicans on record in favor of overturning the law for the first time since the party took control of Congress.

The bill passed on a 239-186 vote. 

President Obama already has threatened to veto the legislation.

"We need health care reform that makes the system more responsive to patients, families and doctors -- reforms that preserve and protect the doctor-patient relationship. Right now, ObamaCare is moving our health care system in the exact opposite direction where the American people are paying more and getting less," Rep. Tom Price, R-Ga., said in a statement after the vote. "In the House of Representatives, we are saying we need to get rid of this law that's not working and focus on solutions that will embrace the principles of affordability, accessibility, quality, innovation, choices, and responsiveness." 

Republicans, as their next major step, are planning to draft legislation offering an alternative to the ACA. The bill approved Tuesday also directs House committees to begin work on an alternative plan, in case the Supreme Court rules against the law.