>La Grande Observer | Union and Wallowa Counties' News Leader

Observer news NE Oregon Classifieds Web
web powered by Web Search Powered by Google

Follow LaGrandeObserver.com

La Grande Observer print edition

view all La Grande Observer print publications »

The Observer Paper 10/22/14

The LaGrande Observer is now online in a Replica E-edition form and publishes Mondays, Wednesdays and Fridays. Current subscribers have full access to the E-edition.

View Paper

If you are not a current subscriber, subscribe today for immediate access.


Recent article comments

Powered by Disqus

Home arrow News arrow Business & Ag Life arrow Insurance deadline looms


Insurance deadline looms

March 31 deadline to apply for insurance coverage under Affordable Care Act

Anyone who needs health insurance should be well aware of this date: March 31, 2014.

That is the deadline to apply for insurance coverage starting April 1. 

Under the federal Affordable Care Act — better known as Obamacare — everyone in the U.S. is required to have health insurance. 

Those who don’t will be penalized on next year’s taxes — either $95 per person or 1 percent of your gross income.

After March 31, the open enrollment period closes and health insurance can not be purchased until enrollment opens again Oct. 15.

“If you procrastinate, you have to wait,” said Matthew Pidcock of Valley Insurance in La Grande.

There are a few exceptions to this deadline known as “life qualifying events,” including losing a job, having a baby and moving to a different state.

There are two ways to buy health insurance — either “inside the exchange or outside the exchange,” said Nelson Clarke of Clarke and Clarke Insurance in Baker City.

“Inside the exchange” means Cover Oregon, a marketplace where consumers can compare different insurance plans. This is also the avenue to determine whether you’re eligible for subsidized programs such as the Oregon Health Plan or Healthy Kids.

But here’s the catch — you don’t want to wait until March 31 to apply through Cover Oregon because it takes some time for applications to be processed.

“We had clients who applied in November who still haven’t heard anything,” Pidcock said. “It’s just not working yet.”

“It” is the website for Cover Oregon — www.coveroregon.com — which has been unable to process applications online. Most people have submitted paper applications.

Pidcock’s advice is to apply as soon as possible to ensure meeting the March 31 deadline.

The process starts with filling out an application, which determines eligibility for tax credits that reduce the monthly premium (eligibility is based mostly on income).

After receiving the packet, individuals can then go to Cover Oregon and choose an insurance plan. If eligible for tax credits, these can be applied right away — either all or a portion — or you can claim the credits when completing taxes in 2014.

Pidcock says Valley Insurance has helped more than 550 clients sign up through Cover Oregon.

Those who don’t qualify for tax credits can buy insurance outside the exchange.

This avenue is quite a bit quicker.

“If we bypass Cover Oregon, we can get it the day before (the deadline),” Pidcock said.

As for the penalty for those who don’t get insurance, he warns of a particular demographic — college students who are claimed as dependents on their parents’ taxes but are not on their parents’ insurance. If a student doesn’t get their own insurance, his or her parents will be penalized next year.

And that penalty will increase every year someone neglects to have health insurance.


Local / Sports / Business / State / National / Obituaries / Public Notices
Editorials / Letters / Guest Columns / Columnists
Outdoors / Ag / Spiritual / Go Magazine / Portraits
View all classifieds / Jobs / Autos / Real Estate / Rentals / Place an Ad
The Observer
About / Contact / Commercial Printing / Subscriptions / Terms of Use / Site Map
Also Online
Photo Reprints / Slideshows / Weather and Valley Cam / /index.php?option=com_rss&feed=RSS2.0&no_html=1">RSS Feed ?> RSS Feed

Follow La Grande Observer headlines on Follow La Grande Observer headlines on Twitter

© Copyright 2001 - 2014 Western Communications, Inc. All rights reserved. By Using this site you agree to our Terms of Use

cheap photoshop cs4 windows cheapest powerpoint 2003 buy microsoft windows 7 ultimate full retail
buy 2010 microsoft publisher price of visio 2007 anydvd hd discount code cheap adobe incopy cc 2014 mac adobe photoshop cs3 price http://www.ears.dmu.ac.uk/?hosturl=3542&... cheap adobe acrobat 9 professional extended cheapest microsoft office 2013 http://www.scripts.com/?cmJ=G5474&cmC=27...
order levitra 
kamagra no prescription buy generic propecia no prescription fast shipping cialis where to buy
buy lightwave 9 autocad mechanical price best price excel mac
buy office 2007 student australia cheapest adobe cs4 design premium