Last Call: Open Enrollment for Health Insurance Ends Feb. 15

If you want health insurance or want to look for a different plan – you still have time! There isn’t much time left so I won’t waste words.


Open enrollment for health insurance on the Marketplace ends at midnight on Sunday, Feb. 15.

If you do not have health insurance, you may be subject to a fine (a tax) for not carrying it in 2015.  The only time after Feb. 15, 2015, when you will be able to get health insurance through the Marketplace is if you have a qualifying event like moving to a new community, getting married, getting divorced or having a child.

You can buy health insurance and apply for an advanced premium tax credit to reduce the cost of your monthly premium at and the federal Marketplace at

The penalty for not having health insurance in 2015 is going up from 2014.

If you don’t have coverage in 2015, you’ll pay the higher of these two amounts:

  • 2 percent of your yearly household income. (Only the amount of income above the tax filing threshold, about $10,000 for an individual, is used to calculate the penalty.) The maximum penalty is the national average premium for a bronze plan.
  • $325 per person for the year ($162.50 per child under 18). The maximum penalty per family using this method is $975.

Avoid a surprise in April 2016 by updating your information now.

If you have coverage through the Marketplace and received an advanced premium tax credit for that coverage, you need to go to the Marketplace to update your information.  Your financial updates will be needed so the advanced premium tax credit you receive during 2015 will match up to the tax credit the government calculates when you file your 2015 taxes in April 2016.

Last call … sign up for health care coverage, update your information at or Get A Quote Now!


By Deb Muller

Chief Administrative Officer at Avera Health Plans