Necessities for Managing Your Well being Insurance coverage Plan

Printed on March 31, 2016

In the event you’re enrolled in a 2016 medical insurance plan, right here’s what it's good to know to about getting the total advantage of your well being protection and preserving it updated.

4 medical insurance suggestions to make use of all 12 months

  1. Pay your first month’s premium to your plan should you haven’t already. You need to pay it every month to maintain your medical insurance advantages.
  2. Submit any lacking paperwork. In the event you get a discover saying there are information matching points or "inconsistencies" in your software, some data you supplied doesn’t match our information. To keep away from shedding your well being protection or financial savings, observe the instructions within the discover and submit paperwork.
  3. Replace your revenue and data if it adjustments. Report any life adjustments — like adjustments in revenue, family dimension, or residence, or different protection presents — as quickly as they occur. These adjustments could have an effect on your insurance coverage protection or financial savings — and your tax invoice subsequent 12 months.
  4. Be sure you file your 2015 taxes. In the event you had a 2015 plan with a premium tax credit score, you have to file a 2015 federal revenue tax return. In the event you don’t, you might lose any financial savings you’re getting on a 2016 plan.

Didn’t enroll in a 2016 medical insurance plan?

Open Enrollment for a 2017 well being plan begins on November 1. However should you qualify for a Particular Enrollment Interval, or Medicaid or CHIP, you'll be able to apply for 2016 protection now.

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