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Necessities for Managing Your Well being Insurance coverage Plan


Revealed on March 31, 2016

When you’re enrolled in a 2016 medical insurance plan, right here’s what you want to know to about getting the total advantage of your well being protection and protecting it updated.

4 medical insurance suggestions to make use of all yr

  1. Pay your first month’s premium to your plan in case you haven’t already. You could pay it every month to maintain your medical insurance advantages.
  2. Submit any lacking paperwork. When you get a discover saying there are knowledge matching points or “inconsistencies” in your software, some data you supplied doesn’t match our data. To keep away from shedding your well being protection or financial savings, comply with 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 provides — as quickly as they occur. These adjustments might have an effect on your insurance coverage protection or financial savings — and your tax invoice subsequent yr.
  4. Be sure you file your 2015 taxes. When you had a 2015 plan with a premium tax credit score, you have to file a 2015 federal revenue tax return. When you don’t, it’s possible you’ll 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 in case you qualify for a Particular Enrollment Interval, or Medicaid or CHIP, you may apply for 2016 protection now.

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