Sunday November 1st 2015 marked the first day of the Annual Enrollment Period for health insurance plans commencing January 1st 2016.
If you choose to go without Health Insurance in 2016, you may have to pay a penalty when you file your 2016 taxes. The penalties are increasing. You will risk having to pay $695 per person or more for the year.
Register for Discount Health Insurance today at www.MyHealthInsuranceUSA.com so that you do not miss the important deadline.
If you are not sure what to do, you can get the best health insurance advice from Hedges Insurance Agency and Hedges Wealth Management, based in Charleston, SC.
* Remember, if you need health insurance urgently, and missed the Obamacare Annual Enrollment Period (AEP) which runs from November 1st to January 31st, you may still be eligible to purchase health insurance between February 1st and October 31st. The government calls this a Special Enrollment Period. Get in touch to see if you qualify.
The information in this article is not intended as tax or legal advice, and it may not be relied on for the purpose of avoiding any federal tax penalties. You are encouraged to seek tax or legal advice from an independent professional advisor. The content is derived from sources believed to be accurate. Neither the information presented nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. This material was written and prepared by Hedges Wealth Management.