NOTICE PRESIDENT DONALD TRUMP DID AWAY WITH FEDERAL HEALTH INSURANCE PENALTY.

The Obamacare Tax Penalty for 2016 will be $695 per a person, or 2.5% of your income, whichever is higher.

Example 1:  A family of 3 who make $50,000.

2016 Obama Tax Penalty:  $2085.00

Example 2: A self employed individual making $150,000.

2016 Obama Tax Penalty:  $3,750 (2.5%)

Example 3: Apply for 2016 Health Insurance.

2016 Obama TaxPenalty:  $0.00

More examples of how to avoid Health Insurance Penalty and Save Money

An individual would pay $695 a year or $58 a month tax penalty. SO if they buy a 2016 Obamacare plan under $58 a month, they are saving money (by avoiding penalty) AND getting health insurance.

A family of 2 would pay $1390 a year or $116 a month penalty. SO if they buy a 2016 Obamacare plan under $116 a month, they are saving money (by avoiding penalty) AND getting health insurance. 

A family of 3 would pay $2085 a year or $174 a month penalty. SO if they buy a 2016 Obamacare plan under $174 a month, they are saving money (by avoiding penalty) AND getting health insurance.

A sad day in Tennessee. Community Health Alliance due to huge internal problems Com TN will no longer offer insurance coverage next year. This will be forcing about 27,000 enrollees to find new TN health insurance plans.

The Tennessee Obamacare insurance cooperative, created under the Affordable Care Act, will continue to pay out existing claims but will wind down its coverage by not taking on new customers, which it has not done since January 2015 .

The decision was based on the co-op’s financial condition, according to the Tennessee Department of Commerce and Insurance, and ends months of uncertainty about its future. The alliance had stopped selling its plans on the federal exchange in January after its low-cost plans attracted more enrollees than expected, and their ability to handle the high volume came into question.

“This was not a decision that the Department took lightly, but it was the right decision,” Julie Mix McPeak, commerce and insurance commissioner, said in a statement. “With thousands of Tennesseans’ coverage hanging in the balance, Community Health Tenn financial success could not be guaranteed. The risk of CHA’s potential failure in 2016 was too great and would have caused substantial detrimental effects on the market as a whole if it were to collapse.”

TN active members will keep their insurance coverage through 2015 as long as premiums are paid. However, they must enroll again during the Open Enrollment period, which begins Nov. 1, 2015. To shop health plans in 2016, consumers must enroll by Dec. 15, 2015 for a Jan 1 start date, and have until 01.31.2016 until Open Enrollment closes. They will be able to choose from four remaining carriers on the federal marketplace, which they can shop for on www.applicationforobamacare.com.

As Open Enrollment of Obamacare begins, Nevada Health Coop is packing its bags. Essentially, it’s broke. NV Health Coop is one of the many nonprofit organizations formed and funded by the Affordable Care Act to “keep insurance companies honest”. One cannot help but scratch their head and marvel at the huge loss of money from this poorly executed idea. Now the Commissioner of Insurance has filed a suit against the delinquent domestic insurer.

It should be stated that Nevada Health Coop is not the only organization like this to close its doors. New York, Nebraska, and a slew of other states also had to close their doors as well. It is interesting that carriers like Anthem BSBS of NV, Sierra Health and Health Plans of Nevada will all continue doing business in Nevada.

Below is a document.

Here are some key Obamacare dates Americans need to keep in mind.

• November 1, 2015 – 2016 Open Enrollment begins
  This is the first day your to shop and enroll in a 2016 Obamacare health insurance plans or Private Health Insurance. It’s also important that consumers make sure their account information is up to date to reflect any changes to their income or family.
•  December 15, 2015 – Last day to renew or choose a plan to avoid a coverage gap. This is the last day to renew or choose a plan to make sure coverage will start on January 1, 2016.
•  January 1, 2016 – First date health insurance coverage begins
  This is the plan effective date if applicants renewed or choose a plan by December 15, 2015.
• January 31, 2016 – 2016 Open Enrollment ends
  This is the last day Americans can make changes or enroll in a new 2016 Obamacare health insurance plan, without potential penalty for being uninsured.

The Board of the Nevada Health CO-OP decided NHC will not offer health insurance policies after December 31, 2015 and will voluntarily cease operations beginning January 1, 2016.  The health policies are to remain in effect, and members may continue to see providers under the terms of their policies.

The goal is for the members to have a positive experience through this transition. Nevada Health Co-Op will be notifying all individual members that they will need to select a new health insurance plan for 2016 during the upcoming open enrollment beginning November 1, 2015.

Nevada Health Co-op Notice to Providers

“…continue to treat our members in the same manner you have been doing under the terms of your provider agreement. Claims continue to be processed in the same manner and we will accept claims for dates of service through December 31st, 2015.” If you have any questions, please call us at 702-823-2667, Monday through Friday, 8:00 a.m. to 6:00 p.m.

Nevada Health Co-op Notice to Agents

“…our goal is for all brokers and members to have a positive experience through this transition. We are committed to satisfying broker commissions that have been and continue to be earned through 2015. We appreciate the opportunity brokers gave the CO-OP to help improve health care in Nevada.”

Nevada Health Co-op Phone Number

3900 Meadows Lane
Las Vegas, NV 89107
702-823-2667
1-855-606-2667

Nevada Health Co-op closes as of 12/31/2015.

Nevada Obamacare Options

Currently the state of Nevada still has many Obamacare options. This Open Enrollment residents can apply for Nevada Obamacare coverage with Anthem Blue Cross Blue Shield of Nevada, Sierra Health, Health Plan of Nevada (HPN). Consumers can also shop off Exchange with some additional carriers.

Enrollment in Obamacare is quite simple and has generally served me well. Some of the things I like about my plan includes the fact that all you have to do is sign up on the website. In my case however, I had trouble with my password so I was able to call in and sign up with a FFM agent who was working on the phone. It is was very easy to sign up by phone and I appreciated having the personal touch in terms of getting my enrollment taken care of as quickly and efficiently as possible. Since I was a client last year, I wanted to sign into the program via the website, however, as that wasn’t possible, I was glad an agent was available.

I had a little bit of difficulty picking a plan as the Anthem Blue Cross Blue Shield of Virginia Silver plan I signed up for last year with a low deductible was now out of my price range. I was able to find a bronze plan with Aetna with optional dental that fit though. I was pleased with this alternative.

I am a single person who relies on a few different sources of income like rent and part time jobs. I manage to make enough to get the insurance but just qualify to meet the subsidy guideline.

I signed up with Anthem on a Bronze plan with a high deductible, because they offered the most affordable insurance for my situation. I was able to get a decent subsidy since my income was low enough to qualify for one.

I have used my Obamacare plan, but I ran into a problem where my doctor’s visit wasn’t covered by my plan so I have to find out what that is all about. It should have contributed one hundred dollars toward my 139.00 bill. So, I was disappointed it didn’t.

I like my plan in general, because most of the basic doctor’s visits are covered. This is a decent insurance plan. I liked the plan I had last year which had a lower deductible but a higher co pay but as mentioned, it went up in price significantly this year so I was not something I could utilize again unfortunately.

My plan costs me nothing at this time, but it does have a rather high deductible. that is something I am not very happy with. However, the other plans as mentioned, were out of my price range.